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Category: Business

Pakistan’s Salaried Class Pays 127% More Tax Than Real Estate, Budget Sparks Fresh Fairness Debate

July 4, 2026

Preliminary fiscal data shows Pakistan’s salaried workforce contributed Rs630 billion in income tax during FY2025-26, while the government’s latest budget provides significantly larger tax concessions to the real estate sector and small traders. Pakistan’s salaried workforce remained one of the country’s largest direct taxpayers during the fiscal year 2025-26, contributing an estimated Rs630 billion in […]

Pakistan Unveils ‘Mango Diplomacy’ as Premium Fruit Heads to 76 Countries in Global Goodwill Drive

July 2, 2026

Pakistan will send more than 34 tonnes of premium mangoes to heads of state, diplomats and senior officials in 76 countries, aiming to strengthen diplomatic ties while promoting its globally renowned fruit exports. Pakistan has launched a new phase of its “mango diplomacy” by sending premium-quality mangoes as gifts to heads of state, senior government […]

Fuel Prices Stay Frozen as Government Doubles Climate Levy in Surprise Tax Shift

July 2, 2026

Pakistan increases the Climate Support Levy to Rs5 per litre while reducing the Petroleum Levy to keep petrol and diesel prices unchanged for consumers. Pakistan’s federal government has revised its fuel taxation policy by doubling the Climate Support Levy on petrol and high-speed diesel from Rs2.50 to Rs5 per litre, while reducing the Petroleum Levy […]

Solar Prices Crash in Karachi After Budget Surprise Buyers Rush as Panels, Batteries and Inverters Get Cheaper

July 1, 2026

Karachi’s solar market has witnessed a significant decline in prices after budget-related tax concerns eased, making solar panels, lithium batteries, and inverters more affordable for consumers. Karachi’s solar market has experienced a notable price decline, bringing welcome relief to consumers planning to invest in renewable energy. Prices of solar panels, lithium batteries, and inverters have […]

Pakistan’s Digital Payment Boom Hits New Milestone, The 88% Figure Everyone Is Talking About

July 1, 2026

Pakistan Banks Association reports that nearly 88% of payments are now made through digital channels, highlighting the country’s accelerating shift toward modern financial services and greater financial inclusion. Pakistan’s digital banking sector is witnessing rapid growth as online payment systems continue to transform the country’s financial landscape. According to the Pakistan Banks Association, nearly 88% […]

World Bank Sounds Alarm as Pakistan’s Fiscal System Faces Mounting Pressure

July 1, 2026

ISLAMABAD: Pakistan must reform the way financial resources are distributed among the federal, provincial and local governments to safeguard macroeconomic stability, improve public services and meet the needs of its rapidly growing population, the World Bank said in a new report released on Tuesday. The report, Strengthening Fiscal Federalism in Pakistan, reviews the country’s fiscal […]

Gold Prices Sink Sharply in Pakistan After Global Slide While Silver Climbs Higher

June 30, 2026

Global gold prices extended losses on Tuesday, dragging Pakistani bullion rates lower, while silver posted fresh gains amid mixed performance across precious metals. Gold prices continued to decline on Tuesday in both international and Pakistani bullion markets, extending recent losses, while silver strengthened with fresh gains, signaling a mixed trend across the precious metals sector. […]

Pakistan’s Costliest Fuel Year? Record Petrol and Diesel Hikes Leave Citizens Reeling

June 29, 2026

Soaring fuel prices and record petroleum levy during FY2025-26 intensified inflationary pressures, raising transportation costs and increasing the financial burden on households across Pakistan. Pakistan’s fiscal year 2025-26 ended with consumers facing one of the most challenging periods of inflation in recent history, as record increases in petrol and high-speed diesel prices placed unprecedented financial […]

AJK’s Rs286 Billion Budget to Be Unveiled Today — What Major Changes Are Coming?

June 29, 2026

Finance Minister Chaudhry Qasim Majeed is expected to present a Rs286 billion budget for fiscal year 2026-27, with increased allocations aimed at development and public welfare. MUZAFFARABAD: The Legislative Assembly of Azad Jammu and Kashmir (AJK) is set to convene its budget session at 11 a.m. today, where Finance Minister Chaudhry Qasim Majeed will present […]

Consumers Could Benefit Soon as Petroleum Minister Breaks Silence on Global Oil Prices

June 27, 2026

Petroleum Minister Ali Pervaiz Malik says Pakistan will pass on the benefits of lower global oil prices to consumers while continuing to meet the country’s international commitments. ISLAMABAD: Federal Petroleum Minister Ali Pervaiz Malik on Saturday assured that the government will pass on the benefit of declining international oil prices to Pakistani consumers while continuing […]

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Category: Business

Pakistan’s Salaried Class Pays 127% More Tax Than Real Estate, Budget Sparks Fresh Fairness Debate

Pakistan Unveils ‘Mango Diplomacy’ as Premium Fruit Heads to 76 Countries in Global Goodwill Drive

Fuel Prices Stay Frozen as Government Doubles Climate Levy in Surprise Tax Shift

Solar Prices Crash in Karachi After Budget Surprise Buyers Rush as Panels, Batteries and Inverters Get Cheaper

Pakistan’s Digital Payment Boom Hits New Milestone, The 88% Figure Everyone Is Talking About

Gold Prices Sink Sharply in Pakistan After Global Slide While Silver Climbs Higher

Pakistan’s Costliest Fuel Year? Record Petrol and Diesel Hikes Leave Citizens Reeling

AJK’s Rs286 Billion Budget to Be Unveiled Today — What Major Changes Are Coming?

Consumers Could Benefit Soon as Petroleum Minister Breaks Silence on Global Oil Prices

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