Finance
Finance
Significant increase in Petrol Price In Pakistan due to Global Conflict
The government of Pakistan has been notified of a significant price increase for petroleum products due to the Iran-Israel war.
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Gov of Pak Secures USD 3.4 Billion loan via Rollover due to IMF Commitment
It is expected that Pakistan will not be able to secure a China rollover externally, which amounts to USD 3.4 billion.
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Pakistan after a decade lost nearly USD 2.6 Billion in a Week
After a decade or so, in just 1 week, Pakistan's forex reserve has declined to around USD 2.6 billion due to external debt repayments.
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Government allows up to PKR 100 Million Cash Withdrawal for Non Filer
This is the biggest U turn of this government as they have taken a step back from blocking all the non filers account and now they will allow up to PKR 100 million withdrawal for non filers.
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FBR Eases Transaction limits for Non Filers for Property and Car Purchase
The government of Pakistan and the FBR proposed to ban current accounts and savings accounts of non-filers in Pakistan.
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Senate Agreed with FBR to increase the limit of Property Purchase for Non filer
It is reported that the Senate rejected the proposal of the FBR to stop property purchases by non-filers, and such a proposal could impact the finances of the common person.
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Pakistan Posted CAD of US 103 Million for the Month of May
As expected, Pakistan has posted a current account deficit of US 103 million due to low interest rates and falling exports.
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SBP Maintains Interest Rate at 11% due to Iran and Israel War
The State Bank of Pakistan has held the interest rate steady at 11% due to the ongoing war between Iran and Israel in the Middle East.
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Senate Rejects the Proposal for Power To Arrest in Tax Fraud Case
It is reported that the Senate Standing Committee on Finance has rejected the proposal of the FBR to arrest taxpayers in tax fraud cases without a court order.
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PSX Reaches to Its Highest Point ever 124,000 Points Today
The government of Pakistan on June 10th introduced a budget for 2025-2026. It has taxed everyone, including freelancers, this time, but not PSX investors.
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Overseas Pakistani send highest ever remittance inflows for May 2025
Overseas Pakistanis have contributed to Pakistani external woes, as they are heroes for Pakistan. Overseas Pakistani workers have broken the remittances inflows record for the month of May 2025.
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Budget 2025-2026 Details, Features and Taxes updates
Government of Pakistan has introduced budget 2025-2026 with IMF understanding and there are many taxes introduced through FBR.
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US President Donald Trump Announces Trade Deal with Pakistan31 Jul, 2025
US President Announces 25% Tariff against India from 1st August30 Jul, 2025
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