Economy

Taxes on EVs, hybrids, and solar panels may also rise sharply as part of the proposal

Sales tax collection fell short by PKR 382 billion, income tax by PKR 210 billion in FY26

The heads of four global agencies met to discuss the war's energy, trade, and economic impacts

The new rates will take effect on May 30

Central bank's net interbank dollar buying since June 2024 has now crossed $14 billion

Budget session of the National Assembly will begin at 5 p.m., followed by the Senate meeting at 6 p.m. in Islamabad

JS Global expects uniform tax rates under the IMF program, with little room for concessions

Refineries shipped 151,520 tonnes of furnace oil in April as LNG supply from Qatar resumed

Brokerage Topline Securities expects relaxed tax slabs for salaried workers, continued BISP welfare schemes

Topline Securities says government aims to raise additional revenue worth 0.6% of GDP, or about PKR 860 billion, in FY27

Brokerage firm Topline Securities expects an FBR tax target of PKR 15.3 trillion and limited salaried relief

The rates have been revised a month after the central bank increased policy rate by 100 bps

Minister says upcoming budget will target lower inflation, cheaper electricity and overseas jobs for skilled workers

External financing rises 83% year over year as Saudi Arabia, ADB and World Bank boost inflows

All registered manufacturers have been ordered to link their systems with FBR

Taurus Securities expects weighed average tariff to fall below 6% by 2030

Calls for phased fiscal overhaul to cut business costs, widen tax base and ease investment barriers

Brent crude remains above $100 amid doubts over a breakthrough in the U.S.-Iran peace talks

The consolidation of three subsidiaries would lift AGP's revenue to PKR 37.5 billion

On a weekly basis, the Sensitive Price Indicator fell 0.33%.