News & Updates

News Update

18

Jun 2025

Jun 18, 2025 • 5 min read

Pakistan Signs $1 Billion Financing Facility with Middle Eastern Banks

The Ministry of Finance has signed a syndicated term finance facility of $1,000 million partially guaranteed by a Policy...

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News Update

18

Jun 2025

Jun 18, 2025 • 5 min read

Gold Rate in Pakistan Falls For Third Straight Day

The price of 24 karat gold decreased by Rs. 2,245 per tola and was traded at Rs. 359,055 on Wednesday as compared to its...

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News Update

18

Jun 2025

Jun 18, 2025 • 5 min read

Cabinet Approves Financial Scheme to End Circular Debt in Power Sector

The federal cabinet on Wednesday gave the green light to Pakistan’s largest financial restructuring scheme aimed at elim...

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News Update

18

Jun 2025

Jun 18, 2025 • 5 min read

PM Shehbaz Forms Committee to Promote Cashless Economy, Digitization

Prime Minister Muhammad Shehbaz Sharif Wednesday established a high-level committee to promote cashless economy and spee...

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News Update

18

Jun 2025

Jun 18, 2025 • 5 min read

FBR Chairman Convinces Senate Panel to Increase Tax on Cash Withdrawals by Non-Filers

The Senate Standing Committee on Finance on Wednesday approved a proposal to raise the withholding tax on cash withdrawa...

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News Update

18

Jun 2025

Jun 18, 2025 • 5 min read

Salaried Class Alliance Asks Govt to Raise Minimum Tax Threshold to Rs. 100,000 Per Month

The Salaried Class Alliance of Pakistan has submitted an urgent appeal to Prime Minister Shehbaz Sharif that the propose...

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News Update

18

Jun 2025

Jun 18, 2025 • 5 min read

PSX Account Opening Process to be Made Quick, Customer-Friendly

The Securities and Exchange Commission of Pakistan (SECP) has constituted a committee to evaluate the existing account o...

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News Update

18

Jun 2025

Jun 18, 2025 • 5 min read

Govt Unveils Draft National Tariff Policy 2025–30

The Government of Pakistan unveiled the draft National Tariff Policy (NTP) 2025–30 during the National Regulatory Reform...

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News Update

18

Jun 2025

Jun 18, 2025 • 5 min read

Govt Agrees to Cut Solar Panel Tax Under IMF Pressure

The federal government has agreed to reduce the proposed sales tax on solar panel imports from 18 percent to 10 percent...

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News Update

18

Jun 2025

Jun 18, 2025 • 5 min read

Punjab is Allocating Rs 1.24 Trillion for Massive Upgrades to Roads and Public Transport

The Punjab government’s 2025–26 budget is out, and it brings some major developments, especially for roads and transport...

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News Update

18

Jun 2025

Jun 18, 2025 • 5 min read

Fatima Fertilizer Wins Big at Pakistan Digital Awards 2025 with Dual Honors

Fatima Fertilizer has once again solidified its position as a leader in innovation, sustainability, and impactful storyt...

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News Update

18

Jun 2025

Jun 18, 2025 • 5 min read

Finance Minister Shares Clever Plan to Arrest Businessmen Who Commit Tax Fraud

Finance Minister Muhammad Aurangzeb has said that the government has placed 4-5 necessary safeguards for the business co...

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News Update

17

Jun 2025

Jun 17, 2025 • 5 min read

Only 12 Pakistanis Have Declared Assets of Over Rs. 10 Billion: FBR Chairman

In a startling revelation before the National Assembly’s Standing Committee on Finance, Chairman of the Federal Board of...

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News Update

17

Jun 2025

Jun 17, 2025 • 5 min read

Rupee Continues Freefall Against British Pound, US Dollar As Situation Worsens

The Pakistani rupee (PKR) closed in red against the US Dollar (USD) and the British Pound (GBP) on Tuesday. On a day-on-...

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News Update

17

Jun 2025

Jun 17, 2025 • 5 min read

Senate Body Opposes Increase in Tax on Smaller Cars

The Senate Standing Committee on Finance and Revenue, under the chairmanship of Senator Saleem Mandviwalla, held its fif...

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News Update

17

Jun 2025

Jun 17, 2025 • 5 min read

Sindh Special Court Hands Out First Ever Conviction for Insider Trading in Pakistan

The Sindh Special Court (Offences in Banks) handed out first ever conviction for insider trading in the history of Pakis...

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News Update

17

Jun 2025

Jun 17, 2025 • 5 min read

Inflation in Pakistan Expected to Reach 3.5-4% in June 2025

Pakistan’s Consumer Price Index (CPI) for June 2025 is expected to clock in at 3.5-4.0 percent year-on-year (YoY), takin...

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News Update

17

Jun 2025

Jun 17, 2025 • 5 min read

PIA Employees Join Bidding Process to Acquire National Airline

Employees of Pakistan International Airlines (PIA) have officially entered the race to acquire the national carrier, sub...

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News Update

17

Jun 2025

Jun 17, 2025 • 5 min read

Foreign Direct Investment in Pakistan Down by 37% in May 2025

The net Foreign Direct Investment (FDI) in the country stood at $194 million in May 2025, down 37 percent over the FDI o...

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News Update

17

Jun 2025

Jun 17, 2025 • 5 min read

FAMCO Associates Successfully Hosts “Executive Risk Management Forum” in Collaboration with TransVare

FAMCO Associates, a leading and one of the oldest Management Consulting firms of Pakistan, proudly announces the success...

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News Update

17

Jun 2025

Jun 17, 2025 • 5 min read

SBP to Post Rs. 2.4 Trillion Profit This Fiscal Year: SBP Governor

The State Bank of Pakistan (SBP) expects to post Rs. 2.4 trillion in profit for FY25, matching the government’s target a...

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