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IMF Proposes Fertiliser, Pesticide Tax Hike in Budget

22-May-2025
The International Monetary Fund (IMF) has pressed Pakistan to hike the Federal Excise Duty (FED) on fertiliser from 5% to 10% and impose a new 5% tax on pesticides in the upcoming federal budget, acco...
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IMF Proposes Fertiliser, Pesticide Tax Hike in Budget

IMF Reviews Pakistan’s Tax Relief, Budget Talks Ongoing

22-May-2025
The International Monetary Fund (IMF) has yet to finalize its stance on Pakistan’s request for tax relief measures in the 2025-26 budget, set for June 2, as tense negotiations continue over agricult...
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IMF Reviews Pakistan’s Tax Relief, Budget Talks Ongoing

Government Expands 25% Luxury Sales Tax List

21-May-2025
The government is set to expand the scope of luxury items facing a 25 percent sales tax on imports and local sales in the 2025-26 federal budget, according to Business Recorder. This strategic move wi...
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Government Expands 25% Luxury Sales Tax List

Senate Condemns Punjab Police, NAB Housing Issues

21-May-2025
The Senate Standing Committee on Housing and Works on Tuesday, May 20, 2025, raised grave concerns over the Punjab Police’s illegal occupation of Ministry of Housing and Works accommodations in Wafa...
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Senate Condemns Punjab Police, NAB Housing Issues

SBP Launches Regulatory Sandbox for Fintech Testing

21-May-2025
The State Bank of Pakistan (SBP) has formally launched the Guidelines for its Regulatory Sandbox (RSB), a groundbreaking move under its Vision 2028 initiative, aimed at revolutionizing Pakistan’s fi...
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SBP Launches Regulatory Sandbox for Fintech Testing

Auto Financing Rises to Rs263B, Tariff Cuts Feared

21-May-2025
Auto financing in Pakistan surged by 2% month-on-month and a robust 12% year-on-year, hitting Rs263 billion in April 2025, marking the fifth consecutive monthly rise—a glimmer of economic recovery. ...
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Auto Financing Rises to Rs263B, Tariff Cuts Feared

SBP Issues AFS/FVOCI Guidelines for Basel III

19-May-2025
Karachi: The State Bank of Pakistan (SBP) has rolled out fresh guidelines for banks and Development Finance Institutions (DFIs), clarifying the regulatory treatment of Available-for-Sale (AFS) and Fai...
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SBP Issues AFS/FVOCI Guidelines for Basel III

PMO Investigates FHL, SPUD Share Transfer Breach

19-May-2025
Islamabad: The Prime Minister’s Office has issued a stern directive to the Petroleum Division, demanding a comprehensive report on alleged violations of the Pakistan Petroleum Rules, 2001, by Fronti...
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PMO Investigates FHL, SPUD Share Transfer Breach

BISP Budget Rises 20% to Rs 716B in 2025

19-May-2025
Islamabad, May 19, 2025 (INP): The Benazir Income Support Program (BISP) stands as a vital pillar of Pakistan’s social safety net, delivering financial assistance to low-income families and vulnerab...
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BISP Budget Rises 20% to Rs 716B in 2025

Senate Unanimously Passes Trade Bill 2025

19-May-2025
The Senate on Monday, May 19, 2025, delivered unanimous approval to the Trade Organizations (Second Amendment) Bill, 2025, following its prior passage by the National Assembly, marking a pivotal legis...
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Senate Unanimously Passes Trade Bill 2025
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