Foreign Banks Withdraw $165 Million from Pakistan Amid Economic Gains
Karachi, February 21, 2025 – Foreign banks operating in Pakistan have repatriated a significant sum of $165 million in profits…
Pakistan Sees 24% Surge in Property Tax Collection Amid New Policy Changes
Islamabad, February 21, 2025 – Pakistan’s tax collection from property transactions has seen a significant rise, reaching Rs 130 billion…
Pakistan to Intensify Crackdown on Unregulated Sectors, Finance Minister Aurangzeb Announces
ISLAMABAD: Finance Minister Muhammad Aurangzeb announced on Thursday that the government will significantly ramp up enforcement actions against informal and…
World Bank’s MIGA Pledges Continued Support for Pakistan’s Financial Sector and Capital Markets
In a key development for Pakistan’s financial landscape, the Multilateral Investment Guarantee Agency (MIGA), a member of the World Bank…
KSE-100 Index Drops Nearly 300 Points in Range-Bound Trading at PSX
The Pakistan Stock Exchange (PSX) experienced a range-bound trading session on Friday, with the benchmark KSE-100 Index losing nearly 300…
Pakistani Rupee Holds Steady Against US Dollar in Early Trading
The Pakistani rupee maintained a stable position against the US dollar in the inter-bank market during the opening hours of…
Pakistan’s Finance Minister Calls for Urgent Economic Reforms to Restore Credibility
ISLAMABAD: Pakistan’s Federal Minister for Finance, Muhammad Aurangzeb, made a compelling call on Thursday for urgent economic reforms, stating that…
Aurangzeb Calls for Taxing Free-Riders to Strengthen Pakistan’s Economy
Islamabad, February 20, 2025 – Finance Minister Muhammad Aurangzeb has issued a strong call for taxing the undocumented economy, warning…
FBR Misses Deadline for Notifying 2025 Income Tax Return Forms, Raising Concerns Among Taxpayers
Karachi, February 20, 2025 – The Federal Board of Revenue (FBR) has failed to meet its deadline for issuing the…
CDA to Implement Cashless Digital Payment System in Islamabad for Enhanced Financial Efficiency
The Capital Development Authority (CDA) has announced a significant move towards digitalization by transitioning all its payments to a cashless…