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FTO Orders 18 percent Sales Tax on Solar Net Metering, A Game Changer for Power Consumers

25-Feb-2025
The Federal Tax Ombudsman (FTO) has instructed power distribution companies (DISCOs) to impose an 18% sales tax on electricity provided to solar net metering customers, citing a significant revenue de...
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FTO Orders 18 percent Sales Tax on Solar Net Metering, A Game Changer for Power Consumers

Cotton Market Under Pressure as Prices Fluctuate in Sindh and Punjab

25-Feb-2025
The local cotton market faced continued pressure on Monday, extending its downward trend from previous weeks. Trading activity remained subdued as market participants adopted a cautious approach amid ...
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Cotton Market Under Pressure as Prices Fluctuate in Sindh and Punjab

SPI Update. Mild Inflation, Food Prices Rising and Transport Costs Climbing

22-Feb-2025
For the week ending February 20, 2025, the Sensitive Price Indicator (SPI) saw a modest weekly increase of 0.27%, signaling a slight rise in inflation. On a yearly basis, the SPI grew by 1.2%, which i...
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SPI Update. Mild Inflation, Food Prices Rising and Transport Costs Climbing

IMF Commends Pakistan Efforts in Governance and Corruption Reform

22-Feb-2025
The International Monetary Fund (IMF) has expressed its appreciation for Pakistan’s dedication to conducting a Governance and Corruption Diagnostic Assessment (GCD) and anticipates ongoing collaborati...
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IMF Commends Pakistan Efforts in Governance and Corruption Reform

Pakistan Lowers NPC Returns Amid Policy Rate Cuts

21-Feb-2025
The federal government has announced a reduction in the returns on Conventional Naya Pakistan Certificates (NPCs), following a significant decline in the policy rate over the past six months. This mar...
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Pakistan Lowers NPC Returns Amid Policy Rate Cuts

IMF Urges Broad Tax Reforms as Retail Sector Struggles with Compliance

21-Feb-2025
The International Monetary Fund (IMF) has emphasized the urgent need for comprehensive tax reforms in Pakistan, pointing to the country's inadequate revenue generation and its over-reliance on formal ...
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IMF Urges Broad Tax Reforms as Retail Sector Struggles with Compliance

Government Reviews 18 percent Milk Tax Amid Industry Crisis and Public Outcry

21-Feb-2025
The federal government has promised to reassess the 18% sales tax on packaged milk after concerns raised by the Pakistan Dairy Association (PDA) regarding the negative impact on prices, sales, and the...
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Government Reviews 18 percent Milk Tax Amid Industry Crisis and Public Outcry

ECC Approves Tax Exemptions for ICC 2025

21-Feb-2025
The Economic Coordination Committee (ECC) convened on Thursday under the leadership of Finance and Revenue Minister Senator Muhammad Aurangzeb at the Finance Division, Islamabad. The session focused o...
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ECC Approves Tax Exemptions for ICC 2025

Tarek Hamdy Champions Real Estate as Key Driver for Economic Revival in Pakistan

20-Feb-2025
Tarek Hamdy, the CEO of Eighteen Housing, recently engaged with a select group of journalists to emphasize the critical role the real estate industry plays in driving national economic growth. During ...
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Tarek Hamdy Champions Real Estate as Key Driver for Economic Revival in Pakistan

Pakistan Finance Minister Calls for Retail Sector Tax Reforms as Economy Stabilizes

20-Feb-2025
Senator Muhammad Aurangzeb, Pakistan's Federal Finance Minister, highlighted on Thursday that the retail sector, which constitutes a substantial 19% of the nation’s GDP, is contributing a mere 1% in t...
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Pakistan Finance Minister Calls for Retail Sector Tax Reforms as Economy Stabilizes
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