Business

Nepra to decide on FCA petition on June 19 as KE seeks adjustment of Rs16b

Says despite commitment, sales tax exemption on petroleum products not withdrawn

Grants include Rs60b for defence not linked to war, largest share spent on IPPs

KSE-100 surges 2,328.24 points (1.91%) post-budget, closing at 124,352.68 after touching 124,588.17 intraday

Monthly savings range from PKR 2,000 and upwards under revised income tax system

Chinese stocks gained after US-China meeting in London led to a preliminary deal to ease trade tensions

No new taxes on fertiliser, pesticides; seed sector reforms, foreign training programmes announced

Higher levy to deny consumers relief from falling global oil prices

Power sector to get lion's share of Rs1.03tr while allocations for KE, AJK, FATA, and industries cut

Middle class to feel heat as digital platforms, solar panels, cars and couriers among key targets

Govt targets Rs64b in revenue from taxes on digital platforms, courier services

Budget mandates social media platforms to submit advertising revenue details to FBR every quarter

Market sees stability as budget leaves capital gains tax unchanged

Index rises 383 points owing to progress on resolving debt crisis

Chambers, trade bodies call for tax base expansion, raise alarm over unrealistic targets

Imported chocolates, coffee, cereal bars, and pet food to cost more due to higher taxes

Budget proposes increase in advance tax on cash withdrawals by non-filers from 0.6% to 1%

KSE-100 index surged by 970.53 points to 122,611.53 during intra-day trading.

If a vehicle’s chassis number has been altered, cut, or welded, it will be considered smuggled

Rs17.6 trillion outlay expected, slightly lower than last year’s Rs18.78 trillion

Port Qasim cargo dips, NHA projects cut as govt shifts focus to fewer, high-priority schemes

Budget 2025-2026 proposes up to 4% income tax cut for lower, middle-income sectors

High remittances, robust IT exports lead to $1.9b surplus

Unskilled migration dominates; progress on reforms remains slow as youth, women miss green, digital job boom

Livestock, poultry prevent outright collapse, stagnation and decline in key crop output remains troubling

Electricity use drops 3.6%, raising idle capacity payments to Rs2.5–2.8tr which consumers are forced to pay

PAFLA, P@SHA urge govt to focus on foreign exchange growth, not burden digital economy

Represents surge of Rs2tr in first year of current govt, despite withdrawal of many tax breaks

Muhammad Aurangzeb dismisses rumours regarding mini-budget, clarifies no new taxes have been imposed

The report reveals that the total allocation for health during the current fiscal year stood at Rs. 925 billion

PM Shehbaz's post last week confirmed Pakistan’s purchase of China’s J-35 stealth jets

The government said that this increase is primarily attributed to the addition of 2,813 MW through net metering. 

Real GDP recorded growth of 2.68% in FY2025

The telecom sector also posted strong performance, with revenues reaching Rs803b

In FY2023-24, Pakistan's GDP grew 2.68%, falling short of the 3.6% target with agriculture, services sectors lagging

Company shares rebound as Musk-Trump row shows signs of cooling

Accelerates strategy to win in increasingly challenging environment

Industry benefits from Trump's embrace of digital asset sector

WTI, Brent on track for weekly gains amid supply risks, seasonal demand surge

It will provide Pakistani businesses streamlined access to Uzbek products, markets

JR Dallas Tech Fund backs global startups expanding to US, spurring innovation

State minister meets top US officials to deepen cooperation in blockchain, financial innovation

Benchmark KSE-100 index climbs 1.63% WoW to close at 121,641 points

Submit tariff hike requests under MYT regime to meet annual revenue needs

Musk remains the world's richest individual, despite Tesla stocks dropping by $150 billion in market value

LSE report says manufacturing slump, crop failures, and policy missteps dampen outlook

Think-tank urges govt to choose between home-grown recipes, IMF prescriptions

Market sees profit-taking after record highs as concerns grow over fiscal tightening, rupee weakness, and export

SAU announces academic conference to align curricula with market needs

Reserves decrease to $11.5b while gold jumps Rs4,300, silver hits 13-year high