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Government Plans Stronger Debt Management Office to Improve Borrowing Strategy

The federal government is taking steps to strengthen Pakistan’s Debt Management Office (DMO) by introducing a dedicated leadership structure aimed at improving the way public borrowing and debt risks are managed. Under the proposed arrangement, the Head of the DMO will play a central role in shaping the government’s borrowing

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IMF May Reduce Pakistan’s Health and Education Spending Target

Pakistan’s provinces could receive some relief from their health and education spending obligations under the country’s ongoing programmed with the International Monetary Fund (IMF). The global lender is reportedly considering reducing the combined provincial spending target by around Rs300 billion, bringing it down from more than Rs4.2 trillion to approximately

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Pakistan’s Digital Payments Surge as 1LINK Eyes 12 Billion Transactions in 2026

Pakistan’s digital payment landscape is expanding rapidly, with payment infrastructure provider 1LINK expecting more than 12 billion transactions worth nearly Rs90 trillion in 2026. The projection highlights the growing shift toward electronic payments as consumers, businesses and government institutions increasingly rely on digital channels for transferring money, paying bills and

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KPRA Sales Tax Revenue Jumps 24% in First Quarter of FY27

The Khyber Pakhtunkhwa Revenue Authority (KPRA) has reported a significant increase in its Sales Tax on Services (STS) revenue during the first quarter of the financial year 2026-27, reflecting stronger tax collection and improved compliance across the province. According to figures released by the authority, KPRA collected Rs12.66 billion in

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Pakistan-IMF Talks Enter Final Phase as Key Economic Issues Remain on the Table

Pakistan’s latest negotiations with the International Monetary Fund (IMF) have entered a crucial stage, with both sides now working through a draft Memorandum of Financial and Economic Policies (MEFP). The document outlines the economic measures and commitments that could pave the way for a staff-level agreement between Pakistan and the

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FBR Revises Sales Tax Rates for Steel Units in Former FATA and PATA

The Federal Board of Revenue (FBR) has introduced revised electricity-based sales tax rates for steel manufacturing units operating in the former Federally Administered Tribal Areas (FATA) and Provincially Administered Tribal Areas (PATA). The changes are aimed at maintaining the special tax treatment available to eligible steel businesses in these areas

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Government Plans Stronger Debt Management Office to Improve Borrowing Strategy
06Oct

Government Plans Stronger Debt Management Office to Improve Borrowing Strategy

The federal government is taking steps to strengthen Pakistan’s Debt Management Office (DMO) by introducing a dedicated leadership structure aimed at improving the way public borrowing and debt risks are…

IMF May Reduce Pakistan’s Health and Education Spending Target
06Oct

IMF May Reduce Pakistan’s Health and Education Spending Target

Pakistan’s provinces could receive some relief from their health and education spending obligations under the country’s ongoing programmed with the International Monetary Fund (IMF). The global lender is reportedly considering…

Pakistan’s Digital Payments Surge as 1LINK Eyes 12 Billion Transactions in 2026
05Oct

Pakistan’s Digital Payments Surge as 1LINK Eyes 12 Billion Transactions in 2026

Pakistan’s digital payment landscape is expanding rapidly, with payment infrastructure provider 1LINK expecting more than 12 billion transactions worth nearly Rs90 trillion in 2026. The projection highlights the growing shift…

KPRA Sales Tax Revenue Jumps 24% in First Quarter of FY27
04Oct

KPRA Sales Tax Revenue Jumps 24% in First Quarter of FY27

The Khyber Pakhtunkhwa Revenue Authority (KPRA) has reported a significant increase in its Sales Tax on Services (STS) revenue during the first quarter of the financial year 2026-27, reflecting stronger…

Pakistan-IMF Talks Enter Final Phase as Key Economic Issues Remain on the Table
03Oct

Pakistan-IMF Talks Enter Final Phase as Key Economic Issues Remain on the Table

Pakistan’s latest negotiations with the International Monetary Fund (IMF) have entered a crucial stage, with both sides now working through a draft Memorandum of Financial and Economic Policies (MEFP). The…

FBR Revises Sales Tax Rates for Steel Units in Former FATA and PATA
03Oct

FBR Revises Sales Tax Rates for Steel Units in Former FATA and PATA

The Federal Board of Revenue (FBR) has introduced revised electricity-based sales tax rates for steel manufacturing units operating in the former Federally Administered Tribal Areas (FATA) and Provincially Administered Tribal…

SECP Proposes Rs5 Million Ceiling for Microfinance and Housing Loans
02Oct

SECP Proposes Rs5 Million Ceiling for Microfinance and Housing Loans

The Securities and Exchange Commission of Pakistan (SECP) has proposed a significant revision to its financing regulations that could expand access to credit for individuals, households, and businesses. Under the…

Pakistan and the IMF Face Another Tough Round of Talks
02Oct

Pakistan and the IMF Face Another Tough Round of Talks

Pakistan’s latest discussions with the International Monetary Fund (IMF) have exposed fresh disagreements over energy-sector reforms, fuel subsidies and the country’s growing gas-sector debt. While the government is trying to…

Pakistan Sees Sharp Rise in Tax Return Filings as Non-Salaried Sector Drives Growth
01Oct

Pakistan Sees Sharp Rise in Tax Return Filings as Non-Salaried Sector Drives Growth

Pakistan’s income tax filing base has expanded significantly, with the number of returns submitted to the Federal Board of Revenue (FBR) reaching nearly 5.77 million by September 30, 2026. The…

FBR Works With Traders to Resolve Issues in Small Shopkeeper Tax Scheme
01Oct

FBR Works With Traders to Resolve Issues in Small Shopkeeper Tax Scheme

The Federal Board of Revenue (FBR) has said that its tax scheme for small shopkeepers is currently in the early phase of implementation, as authorities continue working to resolve registration-related…

SBP Extends Bank Working Hours for Tax and Duty Payments
30Sep

SBP Extends Bank Working Hours for Tax and Duty Payments

The State Bank of Pakistan (SBP) has announced extended banking hours to make it easier for taxpayers to pay their government duties and taxes before the end of the financial…

Pakistan Tells IMF FBR Remains on Track to Meet Rs3.053 Trillion Quarterly Tax Target
29Sep

Pakistan Tells IMF FBR Remains on Track to Meet Rs3.053 Trillion Quarterly Tax Target

Pakistan has assured the International Monetary Fund (IMF) that the Federal Board of Revenue (FBR) is still on course to achieve its tax collection target of Rs3.053 trillion for the…

Pakistan and Chinese Firm Explore Rs20 Billion Energy Investment in Gas Sector
28Sep

Pakistan and Chinese Firm Explore Rs20 Billion Energy Investment in Gas Sector

Pakistan’s energy sector could see fresh investment and technological cooperation following a new agreement between local company Shaheen Energy (Pvt) Limited and China’s Anton Oilfield Services Group. The two companies…

Hybrid Car Prices Fall as Pakistan Reduces GST on Vehicles
27Sep

Hybrid Car Prices Fall as Pakistan Reduces GST on Vehicles

Hybrid vehicle buyers in Pakistan are beginning to see lower prices after the government reduced the General Sales Tax (GST) on vehicles up to 2,000cc. The tax rate has been…

FBR Introduces Faceless Tax System to Transform Audits in Pakistan
26Sep

FBR Introduces Faceless Tax System to Transform Audits in Pakistan

Pakistan’s tax administration is set to undergo a significant digital transformation as the Federal Board of Revenue (FBR) moves towards a new faceless system for tax audits and assessments. Under…

Pakistan Prepares for 174 Legal Reforms Under IMF Programmed
25Sep

Pakistan Prepares for 174 Legal Reforms Under IMF Programmed

Pakistan is preparing for a major round of legislative and policy reforms as part of its ongoing agreements with the International Monetary Fund (IMF). The government is expected to present…

Pakistan to Make Parts of Civil Servants’ Asset Declarations Public by December 2026
25Sep

Pakistan to Make Parts of Civil Servants’ Asset Declarations Public by December 2026

The federal government is preparing to make selected details of the assets and income declarations of senior civil servants publicly available by the end of December 2026. The move is…

Aasaan Tax Scheme Sees Limited Response from New Retail Taxpayers
23Sep

Aasaan Tax Scheme Sees Limited Response from New Retail Taxpayers

Pakistan’s Federal Board of Revenue (FBR) is facing a slow response to its latest attempt to bring small retailers into the formal tax system. The Aasaan Tax Scheme has so…

NCCIA Cracks Down on Suspected Illegal Call Centers in Islamabad
23Sep

NCCIA Cracks Down on Suspected Illegal Call Centers in Islamabad

The National Cyber Crime Investigation Agency (NCCIA) has launched a major operation against suspected illegal call centers in Islamabad, detaining more than 200 people in connection with alleged international online…

Pakistan Inflation May Ease to 10% in September as Fuel and Electricity Costs Rise
22Sep

Pakistan Inflation May Ease to 10% in September as Fuel and Electricity Costs Rise

Pakistan’s headline inflation is expected to moderate to around 10% in September 2026, according to estimates from AKD Research. The anticipated slowdown is largely linked to softer food prices, although…

FBR Extends Filing Deadline for August Sales Tax and Federal Excise Returns
21Sep

FBR Extends Filing Deadline for August Sales Tax and Federal Excise Returns

The Federal Board of Revenue (FBR) has announced an extension in the deadline for taxpayers to file their sales tax and federal excise returns for the tax period of August…

The Tug-of-War Over Pakistan’s Oil and Gas: Who Really Calls the Shots?
19Sep

The Tug-of-War Over Pakistan’s Oil and Gas: Who Really Calls the Shots?

Beneath the technical language of ministerial summaries and constitutional articles, a familiar contest is playing out in Pakistan’s energy sector  one about power, ownership, and where the line sits between…

Pakistan’s Freelancing Sector Sees Sharp Rise in Export Earnings
18Sep

Pakistan’s Freelancing Sector Sees Sharp Rise in Export Earnings

Pakistan’s growing freelance economy has recorded another significant milestone, with freelancers earning $352 million in export receipts during July and August of FY27. According to data from the State Bank…

Pakistan’s Foreign Investment Gains Momentum in Early FY27
17Sep

Pakistan’s Foreign Investment Gains Momentum in Early FY27

Pakistan has recorded a notable improvement in foreign investment at the beginning of fiscal year 2026-27, with foreign direct investment (FDI) showing strong growth during the first two months. The…

Pakistan’s IT Exports Maintain Strong Momentum as Sector Targets $10 Billion
17Sep

Pakistan’s IT Exports Maintain Strong Momentum as Sector Targets $10 Billion

Pakistan’s information technology sector has continued to expand, with IT exports recording significant year-on-year growth during the opening months of the new fiscal year. According to data shared by Topline…

SBP Completes First Regulatory Sandbox Tests, Opening New Path for Fintech Innovation
16Sep

SBP Completes First Regulatory Sandbox Tests, Opening New Path for Fintech Innovation

The State Bank of Pakistan (SBP) has reached an important milestone in its efforts to encourage financial technology innovation, completing the first testing cycle of its Regulatory Sandbox. The six-month…

Pakistan’s 11.5% Interest Rate Sparks Debate Among Business Leaders
15Sep

Pakistan’s 11.5% Interest Rate Sparks Debate Among Business Leaders

The State Bank of Pakistan’s decision to leave the benchmark policy rate unchanged at 11.5% has triggered mixed reactions from the country’s business sector. While some industry groups are pressing…

Pakistan Expands Tax Relief for Airlines and Shipping Industry
15Sep

Pakistan Expands Tax Relief for Airlines and Shipping Industry

Pakistan’s aviation and maritime sectors have received a significant tax boost as the Federal Board of Revenue (FBR) has broadened sales tax exemptions for airlines and restored similar relief for…

FBR Introduces Rs80 Per Litre FED on Three Petroleum Products
14Sep

FBR Introduces Rs80 Per Litre FED on Three Petroleum Products

The Federal Board of Revenue (FBR) has introduced a new Federal Excise Duty (FED) of Rs80 per litre on three petroleum-related products, effective from July 1, 2026. The move has…

Pakistan Nears IMF Review With Most Targets on Track
30Aug

Pakistan Nears IMF Review With Most Targets on Track

Pakistan is heading toward the International Monetary Fund’s (IMF) September 2026 review with most of its key programmed targets expected to be on track. According to Arif Habib Limited (AHL),…

SBP Earnings Slide 20% to Rs1.99 Trillion in FY26 Amid Lower Interest Income
28Aug

SBP Earnings Slide 20% to Rs1.99 Trillion in FY26 Amid Lower Interest Income

The State Bank of Pakistan (SBP) ended fiscal year 2025-26 with a substantial but lower profit, as falling earnings from its financial assets weighed on its overall income. The central…

SECP Introduces Digital Investor Onboarding System to Make Account Opening Faster
28Aug

SECP Introduces Digital Investor Onboarding System to Make Account Opening Faster

The Securities and Exchange Commission of Pakistan (SECP) has taken a major step toward making investment in Pakistan’s capital markets easier and more accessible by introducing a new unified digital…

Saudi Investors Show Growing Interest in Pakistan’s Key Economic Sectors
27Aug

Saudi Investors Show Growing Interest in Pakistan’s Key Economic Sectors

Pakistan’s efforts to attract foreign investment have received another boost with the arrival of a high-level Saudi business delegation seeking opportunities in several major areas of the economy. Led by…

Pakistan Remittance Scheme Faces Funding Pressure as Senate Raises Wider Financial Concerns
27Aug

Pakistan Remittance Scheme Faces Funding Pressure as Senate Raises Wider Financial Concerns

Pakistan’s efforts to encourage overseas Pakistanis to send money home are facing a new financial challenge after the government reduced its support for the Pakistan Remittance Initiative (PRI) because of…

Pakistan Moves Toward a Dedicated Venture Capital Framework for Startups
25Aug

Pakistan Moves Toward a Dedicated Venture Capital Framework for Startups

Pakistan is preparing to introduce a dedicated legal framework for venture capital investment, with the Securities and Exchange Commission of Pakistan (SECP) sharing a proposed Venture Capital Bill with the…

Pakistan Faces Fresh Inflationary Pressure as August CPI Expected to Cross 10%
25Aug

Pakistan Faces Fresh Inflationary Pressure as August CPI Expected to Cross 10%

Pakistan’s inflation outlook is showing renewed signs of pressure, with consumer prices expected to return to double-digit growth in August 2026 after briefly remaining below the 10% mark in July.…

DISCO Privatization Plan: Rs911 Billion Asset Transfer Raises IMF Compliance Concerns
25Aug

DISCO Privatization Plan: Rs911 Billion Asset Transfer Raises IMF Compliance Concerns

The federal government’s plan to restructure and eventually privatize three major electricity distribution companies has come under scrutiny over its potential implications for Pakistan’s commitments to the International Monetary Fund…

FBR Clarifies Revised Sales Tax Rules for Manufacturers and Importers
24Aug

FBR Clarifies Revised Sales Tax Rules for Manufacturers and Importers

The Federal Board of Revenue (FBR) has introduced important clarifications regarding the collection and assessment of sales tax on certain goods covered under Serial No. 65 of the Third Schedule…

Pakistan and Oman Move Closer to a New Fuel Supply Partnership
24Aug

Pakistan and Oman Move Closer to a New Fuel Supply Partnership

Pakistan is taking steps to strengthen its energy security by expanding fuel supplies from Oman. The Economic Coordination Committee (ECC) of the Cabinet is expected to consider a proposed sale…

SBP Eases Housing Finance Rules, Extends Maximum Loan Tenor to 30 Years
20Aug

SBP Eases Housing Finance Rules, Extends Maximum Loan Tenor to 30 Years

The State Bank of Pakistan (SBP) has introduced significant changes to the country’s housing-finance framework, giving prospective homeowners greater flexibility in obtaining financing. The revised prudential regulations apply to banks…

Pakistan May Introduce Fixed Tax on Agricultural Land Amid IMF Pressure
20Aug

Pakistan May Introduce Fixed Tax on Agricultural Land Amid IMF Pressure

Pakistan could be heading toward a major change in the way agricultural income is taxed, with the federal government reportedly considering a fixed levy of up to Rs5,000 per acre…

Pakistan’s Freelance Economy Starts FY2026-27 With Strong Export Growth
20Aug

Pakistan’s Freelance Economy Starts FY2026-27 With Strong Export Growth

Pakistan’s freelance economy has begun the new fiscal year on a promising note, with export earnings from freelancers recording a sharp increase in July 2026. According to data from the…

PIA Privatization: Why Taxpayers Are Still Paying the Price
19Aug

PIA Privatization: Why Taxpayers Are Still Paying the Price

Pakistan’s privatization of Pakistan International Airlines (PIA) may have transferred control of the national carrier to a private investor, but the government’s financial responsibilities have not ended. A significant portion…

Pakistan’s Textile Exports Jump to $1.81 Billion in July 2026
19Aug

Pakistan’s Textile Exports Jump to $1.81 Billion in July 2026

Pakistan’s textile industry began the new fiscal year on a strong note, with textile exports reaching $1.81 billion in July 2026, according to provisional data from the Pakistan Bureau of…

FBR Highlights New Tax Return Features for Property and Business Reporting
18Aug

FBR Highlights New Tax Return Features for Property and Business Reporting

The Federal Board of Revenue (FBR) has provided tax professionals with a detailed look at several features of its income tax return system, focusing on tools that allow taxpayers to…

LSE SPAC-II Plans Rs180 Million Investment in M.P. Industries
18Aug

LSE SPAC-II Plans Rs180 Million Investment in M.P. Industries

LSE SPAC-II Limited has moved forward with plans to acquire a significant minority interest in M.P. Industries Limited (MPIL), with the proposed transaction now awaiting approval from the company’s shareholders.…

Pakistan’s Refinery Sector Set for $5 Billion Modernization Drive
17Aug

Pakistan’s Refinery Sector Set for $5 Billion Modernization Drive

Pakistan’s oil refining industry is moving toward a major transformation, with five domestic refineries preparing investment plans worth an estimated $4.5 billion to $5 billion. The proposed projects focus on…

Pakistan Plans Major Reforms to Transform Construction Industry
16Aug

Pakistan Plans Major Reforms to Transform Construction Industry

Pakistan is preparing to introduce a broad set of reforms aimed at improving the country’s construction industry, with the proposed establishment of a Construction Industry Development Board (CIDB) at the…

FBR Announces Stricter Customs Penalties for Delayed Clearance of Goods
15Aug

FBR Announces Stricter Customs Penalties for Delayed Clearance of Goods

The Federal Board of Revenue (FBR) has introduced a revised penalty regime to address delays in customs declarations, clearance and export of goods. The new measures will take effect from…

Pakistan and Hong Kong Strengthen Customs Cooperation to Combat Suspicious Trade
15Aug

Pakistan and Hong Kong Strengthen Customs Cooperation to Combat Suspicious Trade

Pakistan and Hong Kong have taken an important step toward strengthening cooperation between their customs authorities by signing a new agreement focused on information sharing, enforcement and the monitoring of…

Agro Processors Prepares for PSX Listing With 15% Public Offering
13Aug

Agro Processors Prepares for PSX Listing With 15% Public Offering

Pakistan’s equity market is preparing for another new listing after the Securities and Exchange Commission of Pakistan (SECP) gave the green light to the initial public offering of Agro Processors…

Why More Than 317,000 Pakistanis Are Seeking Jobs Abroad in 2026
13Aug

Why More Than 317,000 Pakistanis Are Seeking Jobs Abroad in 2026

The search for better employment opportunities is taking a growing number of Pakistanis overseas. During the first six months of 2026, more than 317,000 Pakistani workers left the country to…

Pakistan Faces New EU GSP+ Requirements From 2027
13Aug

Pakistan Faces New EU GSP+ Requirements From 2027

Pakistan’s preferential trade arrangement with the European Union is set to enter a new phase from January 2027, with the country facing stricter requirements to retain its GSP+ benefits. Under…

Pakistan Prepares for IMF Review as $1.2 Billion in Financing Hangs in Balance
12Aug

Pakistan Prepares for IMF Review as $1.2 Billion in Financing Hangs in Balance

Pakistan is preparing for another important round of discussions with the International Monetary Fund (IMF), with a Fund mission expected to arrive next month to review the country’s progress under…

FBR Introduces Higher Withholding Tax for Non-Filer Social Media Creators
12Aug

FBR Introduces Higher Withholding Tax for Non-Filer Social Media Creators

Pakistan’s digital economy is becoming an increasingly important part of the country’s tax system, with the Federal Board of Revenue (FBR) introducing different withholding tax rates for social media content…

FBR Signals More Tax Relief as Pakistani Businesses Push for Lower Costs
12Aug

FBR Signals More Tax Relief as Pakistani Businesses Push for Lower Costs

Pakistan’s business community may be in line for further tax relief as the Federal Board of Revenue (FBR) considers additional measures to reduce the financial pressure on companies. The issue…

SECP Takes Steps to Make Corporate Sukuk Easier for Businesses in Pakistan
11Aug

SECP Takes Steps to Make Corporate Sukuk Easier for Businesses in Pakistan

Pakistan’s corporate Islamic finance market is set for a potential boost after the Securities and Exchange Commission of Pakistan (SECP) introduced a new guidebook designed to simplify the process of…

Pakistan and Russia Move Toward New Rail Trade Routes and Expanded Farm Cooperation
11Aug

Pakistan and Russia Move Toward New Rail Trade Routes and Expanded Farm Cooperation

Pakistan and Russia are exploring new avenues to strengthen economic relations, with proposed freight rail connections and expanded agricultural cooperation emerging as key areas of mutual interest. The two countries…

Pakistan Tightens Export Finance Rules as Government Approves Rs88 Billion Support Package
11Aug

Pakistan Tightens Export Finance Rules as Government Approves Rs88 Billion Support Package

Pakistan is moving to strengthen oversight of its export financing programmed as the government seeks to boost foreign sales while reducing the chances of subsidized funds being misused. The Economic…

Bank of Punjab Plans Rs30 Billion Share Issue for Punjab Government
10Aug

Bank of Punjab Plans Rs30 Billion Share Issue for Punjab Government

The Bank of Punjab (BOP) has announced plans to raise up to Rs30 billion through the issuance of new ordinary shares to the Government of Punjab, marking a major proposed…