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Pakistan power generation hits FY26 high in August at 14,218 GWh
Business

Pakistan power generation hits FY26 high in August at 14,218 GWh

Hydropower leads the mix with 39%, nuclear rebounds after outages, and furnace oil returns as summer demand lifts output and lowers fuel costs

Oil industry in Pakistan sounds alarm over new furnace oil levy
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Oil industry in Pakistan sounds alarm over new furnace oil levy

The levy, combined with an existing climate support levy of PKR 2,665 per metric ton, has sparked fears of widespread disruption across the industrial landscape

Pakistan’s parliamentary body proposes expanded tax relief for salaried class
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Pakistan’s parliamentary body proposes expanded tax relief for salaried class

Senate body also proposes restoring capital gains tax and cutting stamp duty to 0.5% for filers, 1% for non-filers on property buys up to Rs20m to boost the sector

Fauji Foundation, KAPCO express intent to buy majority stake in Attock Cement
Markets

Fauji Foundation, KAPCO express intent to buy majority stake in Attock Cement

The valuation of 84% shares that Attock Cement plans to sell works out to be around PKR 35 billion

Pakistan plans to eliminate circular debt by fiscal year 2030-31
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Pakistan plans to eliminate circular debt by fiscal year 2030-31

IMF-backed strategy includes debt restructuring, interest waivers, and surcharge legislation to reduce the circular debt

Banks confirm readiness to lend PKR 1.275 trillion to resolve circular debt
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Banks confirm readiness to lend PKR 1.275 trillion to resolve circular debt

Bank submit letters of consent to the lead manager, Habib Bank; disbursement expected within 8 days

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