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Karachi Faces 200% Pre-Eid Price Surge

09-Jun-2025
Karachi, June 9, 2025 — The pre-Eid price surge has slammed Karachi consumers, with essential kitchen items like vegetables and condiments skyrocketing by up to 200% ahead of Eidul Azha. Tomatoes, a...
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Karachi Faces 200% Pre-Eid Price Surge

PSX Urges Tax Dispute Fix, SME Credit Boost

09-Jun-2025
Karachi, June 9 — The Pakistan Stock Exchange (PSX) has pressed federal and provincial governments to escalate jurisdictional disputes over sales tax on services to the Council of Common Interests (...
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PSX Urges Tax Dispute Fix, SME Credit Boost

Budget Deficit Set at Rs6.2T for FY 2025-26

09-Jun-2025
Islamabad, June 9 — The federal government braces for a tough fiscal year, proposing a budget deficit of Rs6.2 trillion, or 4.8% of GDP, for 2025-26, with a total budget of Rs17.6 trillion—a 7.3% ...
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Budget Deficit Set at Rs6.2T for FY 2025-26

LTO Karachi Collects Rs2.807T, Up 11.6% in FY25

06-Jun-2025
Karachi, June 6 — The Large Taxpayers Office (LTO) Karachi has delivered a stellar performance, amassing a record Rs2.807 trillion in tax revenue from July 2024 to May 2025, an 11.6% jump from last ...
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LTO Karachi Collects Rs2.807T, Up 11.6% in FY25

Power Division Denies Final Net Metering Cut

06-Jun-2025
Islamabad, June 6 — The Power Division has firmly clarified that no final decision has been reached on changes to Pakistan’s net metering policy, debunking reports of a potential buyback rate cut ...
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Power Division Denies Final Net Metering Cut

PRA Hits Rs26.12B Revenue Record in May

05-Jun-2025
Lahore, June 3 — The Punjab Revenue Authority (PRA) has smashed a record milestone, raking in Rs26.12 billion in tax revenues during May 2025, a 23% surge from last year, a PRA spokesperson announce...
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PRA Hits Rs26.12B Revenue Record in May

NEPRA Raises Tariff 93p, Cuts KE by Rs2.98

05-Jun-2025
Islamabad, June 5 — The National Electric Power Regulatory Authority (NEPRA) on Thursday jacked up electricity prices by 93 paisas per unit under the monthly fuel cost adjustment (FCA) mechanism, wh...
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NEPRA Raises Tariff 93p, Cuts KE by Rs2.98

SBP Reserves Fall $7M to $11.51B Amid IMF Boost

05-Jun-2025
Karachi, June 5 — Foreign exchange reserves held by the State Bank of Pakistan (SBP) dipped by a slight $7 million, dropping to $11.51 billion for the week ending May 30, 2025, data released Thursda...
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SBP Reserves Fall $7M to $11.51B Amid IMF Boost

May Month Inflation Rises to 3.5%, PBS Reports

02-Jun-2025
Islamabad, June 2 — Pakistan’s consumer price inflation spiked to 3.5% year-on-year in May 2025, a sharp rise from April’s 0.3%, overshooting both government and market projections, the Pakistan...
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May Month Inflation Rises to 3.5%, PBS Reports

PM Orders Audit of FBR Reform Progress

02-Jun-2025
Islamabad, June 2 — Prime Minister Shehbaz Sharif on Monday ordered the hiring of internationally reputed firms to conduct third-party validation of reforms at the Federal Board of Revenue (FBR), a ...
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PM Orders Audit of FBR Reform Progress
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