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PRA Tax Revenue Surges 28% to Rs66.41B in Q1

10-Oct-2025
LAHORE: The Punjab Revenue Authority (PRA) amassed Rs66.41 billion in tax revenue during the first quarter of FY2025–26, reflecting a robust 28% surge from Rs51.98 billion collected in the correspon...
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PRA Tax Revenue Surges 28% to Rs66.41B in Q1

Pakistan’s GDP Grows 3.04% with Lower Fiscal Deficit

08-Oct-2025
ISLAMABAD: Pakistan’s economy grew by 3.04% in FY2024–25, according to revised estimates endorsed by the 114th meeting of the National Accounts Committee (NAC), chaired by the Secretary of the Min...
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Pakistan’s GDP Grows 3.04% with Lower Fiscal Deficit

Pakistan, IMF Scrap Baggage Schemes, Tighten Car Imports

08-Oct-2025
Pakistan and the International Monetary Fund (IMF) have forged an agreement to eliminate two baggage and gift schemes for car imports and impose stricter controls on the Transfer of Residence (ToR) sc...
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Pakistan, IMF Scrap Baggage Schemes, Tighten Car Imports

Sugar Mills Face Shortages from FBR Portal Shutdowns

08-Oct-2025
Sugar millers in Punjab and Sindh have voiced grave concerns over looming supply shortages and price hikes triggered by recurring shutdowns of the Federal Board of Revenue (FBR)’s Track and Trace (T...
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Sugar Mills Face Shortages from FBR Portal Shutdowns

CCP Fines Steel Firms Rs1.56B for Cartelization

08-Oct-2025
The Competition Commission of Pakistan (CCP) has levied substantial financial penalties on Aisha Steel Mills Limited (ASML) and International Steels Limited (ISL) after determining both entities guilt...
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CCP Fines Steel Firms Rs1.56B for Cartelization

Punjab Approves Rs20,000/Acre Flood Aid, Welfare Plans

07-Oct-2025
LAHORE: On Monday, Punjab Chief Minister Maryam Nawaz led a cabinet meeting that greenlit a comprehensive 171-point agenda, addressing flood relief, economic reforms, and an array of welfare and devel...
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Punjab Approves Rs20,000/Acre Flood Aid, Welfare Plans

Rupee Gains 0.08% to 281.03 in Early Trade

07-Oct-2025
In Pakistan’s inter-bank market, the Pakistani rupee gained 0.08% during early trading, climbing to 281.03 against the US dollar by 10am. This increase of Re0.22 from Monday’s closing rate of 281....
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Rupee Gains 0.08% to 281.03 in Early Trade

IMF Eyes Rs400B Shortfall, GDP Cut for Pakistan

07-Oct-2025
ISLAMABAD: The International Monetary Fund (IMF) has estimated a potential revenue shortfall exceeding Rs400 billion for Pakistan in the current fiscal year, provided there are equivalent cuts in gove...
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IMF Eyes Rs400B Shortfall, GDP Cut for Pakistan

CCP Launches Probe into Real Estate Misrepresentation

07-Oct-2025
ISLAMABAD: The Competition Commission of Pakistan (CCP) has launched a probe into deceptive marketing practices within the real estate sector, prompted by insights from its Market Intelligence Unit an...
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CCP Launches Probe into Real Estate Misrepresentation

Pakistan Allows Used Car Imports with 40% Duty

06-Oct-2025
The federal government of Pakistan has greenlit the commercial import of used passenger cars up to five years old, effective from September 2025, with imports permitted until June 30, 2026. A 40% regu...
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Pakistan Allows Used Car Imports with 40% Duty
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