Economy

Textile council warns Pakistan could miss export opportunity without budget reforms
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Textile council warns Pakistan could miss export opportunity without budget reforms

Industry urges tax, energy and refund reforms to stay competitive as global supply chains shift

Calculator and wooden blocks spelling "TAX" on banknotes background.
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Pakistan announces simplified tax scheme for small traders

The system will offer lower rates, regional-language forms, and lighter audits for shopkeepers earning up to PKR 20 million a year

Pakistan launches PKR 7.1 billion facility to expand agricultural storage infrastructure
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Pakistan launches PKR 7.1 billion facility to expand agricultural storage infrastructure

Private-sector-backed financing program aims to add 300,000 metric tons of storage capacity, reduce post-harvest losses and improve farmers' access to credit

Pakistan auto industry braces for sales slowdown as government considers 18% tax on all vehicles
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Pakistan auto industry braces for sales slowdown as government considers 18% tax on all vehicles

Proposed tax could raise prices of EVs, hybrids and petrol cars, potentially slowing vehicle sales

Supernet Technologies wins PKR 1B communications infrastructure contract
Business

Supernet Technologies wins PKR 1B communications infrastructure contract

The PSX-listed firm will supply hardware and services to modernize communications networks

EPZ investors urge PM Shehbaz Sharif to retain 80/20 facility amid IMF, budget talks
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EPZ investors urge PM Shehbaz Sharif to retain 80/20 facility amid IMF, budget talks

Investors warn that changes to the policy could hurt exports, jobs, investment and industrial activity

Juice industry calls for lower FED, citing 45% drop in sales
Business

Juice industry calls for lower FED, citing 45% drop in sales

High taxes have cut sales, hurt fruit farmers and fueled growth of unregulated beverage products, Industry says

Recycling sector calls for policy support in upcoming budget
Business

Recycling sector calls for policy support in upcoming budget

CoRe Alliance proposes tax holidays, duty exemptions and green financing to strengthen Pakistan's recycling ecosystem

Foreign investors eye stakes in Pakistan's electricity firms, Senate panel told
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Foreign investors eye stakes in Pakistan's electricity firms, Senate panel told

The government plans to hold roadshows in China, Qatar, Saudi Arabia and Turkey to brief potential buyers

PM Shehbaz Sharif consults business leaders ahead of budget, reaffirms export-led growth strategy
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PM Shehbaz Sharif consults business leaders ahead of budget, reaffirms export-led growth strategy

Business community backs government's economic reforms, tax measures and investment-friendly policies

Pakistan expands Naya Pakistan Certificates with Riyal and Dirham options
UAE

Pakistan expands Naya Pakistan Certificates with Riyal and Dirham options

Overseas Pakistanis in Saudi Arabia and the UAE can now invest in sovereign-backed certificates in local currencies, with returns of up to 7.5%

SECP registers 3,161 companies in May, breaks single-day record with 415 incorporations
Business

SECP registers 3,161 companies in May, breaks single-day record with 415 incorporations

Punjab led with 1,643 registrations, with IT and e-commerce the top sector

Pakistan delays FY27 budget, new date likely June 10 or 12
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Pakistan delays FY27 budget, new date likely June 10 or 12

NEC meeting postponed as government cites Gilgit-Baltistan elections and ongoing IMF consultations

NEC to review PKR 4.464 trillion development plan for FY27
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NEC to review PKR 4.464 trillion development plan for FY27

Federal development allocation proposed at PKR 1.326 trillion, up PKR 200 billion from earlier estimate

Telecom industry pushes for tax cuts in FY27 budget to spur 5G investment
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Telecom industry pushes for tax cuts in FY27 budget to spur 5G investment

Industry proposes cuts in mobile taxes, duties on 5G equipment and fiber imports

PM Shehbaz directs PKR 200 billion increase in federal development budget
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PM Shehbaz directs PKR 200 billion increase in federal development budget

PM Shehbaz has directed a PKR 200 billion boost to Pakistan's PSDP ahead of the NEC meeting on June 3

Pakistan allocates PKR 1.13 trillion for development projects in FY27
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Pakistan allocates PKR 1.13 trillion for development projects in FY27

Transport and communications get PKR 408 billion; government targets 4% GDP growth in the upcoming fiscal year

Pakistan's development budget stuck at PKR 1T for 8 years, laments minister
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Pakistan's development budget stuck at PKR 1T for 8 years, laments minister

Planning Minister says debt repayments are eating into federal resources, with PKR 10 trillion needed to complete ongoing development projects