New Import Law Will Cost Car Industry Rs. 50 Billion
In practice, the Pakistan Automotive Manufacturers Association (PAMA) has asked the administration to suspend new rules governing the commercial import of employed vehicles, warning…
Tag: Business
IMF Agreement on $1.2 Billion Deal Expected
Pakistan and the International Monetary Fund (IMF) have entered the final stage of negotiations, with a staff-level agreement projected to unlock around $1.2 billion…
Gold Plunges Near Rs. 4.2 Lac
Gold rates in Pakistan fell on Wednesday after sudden fluctuations in the international market.
PTA Reports 88% Overall Blocking Rate in Social Media Content
In practice, the Pakistan Telecommunication Authority (PTA) has documented that it sent 1, 789, 022 URLs to relevant social media platforms for action, out…
Punjab Industrial Zones Unlock Rs. 76 Billion Investment, 7,000 Jobs in September
In practice, the Special Investment Facilitation Council (SIFC) remarked 34 applications for enterprises in Punjab's Special Economic Zones (SEZs) were approved in September 2026,…
Only 91 New Retailers Join Tax Scheme, FBR’s Rs. 50 Billion Target…
Meanwhile, the Federal Board of Revenue (FBR) has informed the International Monetary Fund (IMF) that only 1, 016 retailers have filed tax returns under…
Lucky Cement, Hubco, Kohat Cement Form Consortium to Acquire GEPCO
Lucky Cement, Hubco and Kohat Cement Firm, along with Metro Ventures (Private) Limited, have formed a consortium to pursue the acquisition of a 51…
Salaried Class Pays Rs. 144 Billion Tax in Q1, Far More Than…
Pakistan's salaried class paid Rs. 144 billion in income tax during July to September, exceeding the combined Rs.
Nearly Half of Region’s Poorest People Live in Pakistan: World Bank
Pakistan is facing mounting economic pressure from higher fuel rates, rising poverty and debt risks after the closure of the Strait of Hormuz, according…
Mari Energies Allowed to Temporarily Import Aircraft for Surveys
Meanwhile, the administration has allowed Mari Energies to temporarily import an aircraft for airborne field detection surveys in selected areas of Khyber Pakhtunkhwa and…