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Category: Economy

EOBI investment portfolio hits Rs643bn; income rises to Rs80bn in FY25

Parliamentary panel notes robust returns but staffing gaps and limited coverage remain concerns…

Govt Confirms ADB Financing for Long-Delayed ML-1 Railway Project

The Asian Development Bank (ADB) has formally agreed to finance the multibillion-dollar Mainline-1 (ML-1) project…

Pakistan and Bangladesh revive Joint Economic Commission to boost trade and investment

The two countries aim to strengthen ties with new agreements on trade, investment, and industrial collaboration…

Punjab Revenue Authority achieves 46% revenue growth in July with Rs20.07bn collection

PRA sees strong start to FY25-26, increasing sales tax and infrastructure cess collections without raising rates…

Rawalpindi housing societies brought under full property tax net, bills to rise up to 50%

Excise and Taxation Department to issue annual domestic, commercial, and luxury tax bills from September; 5% early…

Reserves triple without new debt

SBP governor pushes digital inclusion with Raast expansion, new banking rules…

China says Pakistan can extend CPEC to Afghanistan, Iran and beyond

Chinese envoy Jiang Zaidong emphasises CPEC’s role in enhancing regional connectivity and trade, rejects criticism, and…

UK’s governance programme helps Punjab and KP save billions through public finance reforms: report

Programme aids Punjab in pension reform plan to save Rs2.7 trillion, supports social initiatives like Himmat Card and Ba-Himmat…

FBR excludes recreational clubs from non-profit status under Finance Act 2025

New tax provisions apply to recreational clubs charging over Rs1 million in membership fees…

Rs. 10 Billion Expressway Officially Inaugurated in Gilgit-Baltistan

Chief Minister Haji Gulbar Khan on Tuesday officially inaugurated the Tangir-Darel Expressway, a major infrastructure…

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