Pakistan’s FY27 Budget: Higher Taxes, IMF Pressure, and Limited Relief Ahead
Pakistan is preparing for another financially challenging year as the government reportedly plans to set an ambitious tax collection target of nearly Rs15.3 trillion in the upcoming FY27 budget. The move reflects continued pressure to stabilize the economy under the ongoing programmed with the International Monetary Fund (IMF), while also trying to manage inflation, public […]
Pakistan’s IT Industry Continues Impressive Export Growth
Pakistan’s technology sector is showing strong signs of progress as IT export earnings recorded another major increase in April 2026. According to data released by the State Bank of Pakistan (SBP), the country earned $423 million from IT and technology-related services during the month, highlighting the growing international demand for Pakistani digital expertise. The latest […]
IMF Reduces Pakistan’s Power Subsidy Target as Energy Reforms Gain Momentum
The International Monetary Fund (IMF) has lowered Pakistan’s projected electricity subsidy allocation for FY2026-27, signaling growing confidence in the country’s ongoing power sector reforms and efforts to control circular debt. Under the IMF’s latest review of Pakistan’s economic programmed, the allocation for power subsidies has been reduced from 0.7% of GDP to 0.6% of GDP, […]
Pakistan Plans Sweeping Trade and Market Reforms Under IMF Programmed
Pakistan is preparing to implement a new round of economic reforms as part of its commitments to the International Monetary Fund (IMF), with major policy changes expected in tariffs, agriculture, sugar trade, and the automobile industry. The reforms, outlined in the IMF’s latest programmed review, are aimed at reducing trade barriers, limiting government intervention in […]
Lahore High Court Declares Super Tax Inapplicable on Zero-Taxed Inherited Property Gains
In a major development for taxpayers and the real estate sector, the Lahore High Court (LHC) has ruled that super tax under Section 4C of the Income Tax Ordinance, 2001, cannot be charged on capital gains arising from inherited property when the applicable capital gains tax rate is already set at zero per cent. The […]
Uncertainty Over Super Tax Continues Ahead of Pakistan’s FY27 Budget
As Pakistan moves closer to announcing the FY2026-27 federal budget, uncertainty surrounding the future of the Super Tax continues to worry the business community. During a recent meeting of the Senate Standing Committee on Finance, government officials avoided giving a clear answer on whether the tax would be removed or retained in the upcoming budget. […]
China’s Digital Expansion into Pakistan Could Redefine Regional Trade
Pakistan is taking another major step toward digital economic transformation as a leading Chinese technology and industrial e-commerce group prepares to establish its Digital Economy Headquarters in the country. The initiative is expected to unlock more than $10 billion in trade opportunities while opening new doors for Pakistani small and medium-sized enterprises (SMEs) to enter […]
Pakistan Tightens Tax Registration Rules for International NGOs
Pakistan’s tax authorities are preparing to introduce stricter registration and documentation requirements for international non-government organizations (INGOs) operating in the country. The proposed changes are part of broader efforts to improve transparency, strengthen regulatory oversight, and streamline compliance procedures within the non-profit sector. The Federal Board of Revenue (FBR) has issued draft amendments to the […]
Pakistan and the US Explore New Opportunities for Economic Cooperation
Pakistan and the United States are showing renewed interest in strengthening their economic relationship as both countries engage in discussions focused on investment, reforms, and future business opportunities. Recent meetings between senior US officials and Pakistan’s finance leadership highlighted a growing willingness on both sides to deepen commercial cooperation. The discussions reflected increasing international attention […]
Pakistan Moves Toward Refurbished Vehicle Re-Export Industry as FBR Plans EFS Changes
Pakistan is preparing to open a new chapter in its export and automotive sectors as the Federal Board of Revenue (FBR) works on amendments to the Export Facilitation Scheme (EFS) 2021. The proposed changes are aimed at supporting the government’s upcoming refurbished vehicle import and re-export initiative. The plan is designed to allow businesses to […]
Pakistan Eyes Chinese Capital Markets with Historic Panda Bond Launch
Pakistan is preparing to enter China’s domestic debt market for the very first time through a Panda bond issuance worth around $250 million. The move represents a major step in the country’s efforts to diversify its external financing sources and strengthen economic stability amid ongoing global and regional challenges. Finance Minister Muhammad Aurangzeb announced that […]
ECC Clears Vehicle Re-Export Plan to Encourage Investment and Export Growth
Pakistan has approved a new policy aimed at developing an export-focused vehicle refurbishment industry after the Economic Coordination Committee (ECC) gave the green light to a framework for importing, refurbishing, and re-exporting used vehicles and auto parts. The initiative is expected to open new investment opportunities in the automotive sector while helping the country increase […]
FIA Questions Pakistan’s Oil Price Compensation System Amid Allegations of Irregular Claims
Pakistan’s fuel pricing system has come under fresh scrutiny after the Federal Investigation Agency (FIA) raised serious concerns about the mechanism used to compensate oil marketing companies (OMCs) during recent fluctuations in petroleum prices. An interim inquiry report prepared by FIA’s Anti-Corruption Circle in Karachi has described the current price differential compensation framework as deeply […]
Lahore High Court Expands Legal Powers of Overseas Pakistanis Property Courts
In a landmark decision, the Lahore High Court has clarified that special property courts established for overseas Pakistanis can hear a much wider range of disputes than previously understood. The ruling, delivered by Justice Anwaar Hussain, strengthens the role of special tribunals formed under the Punjab Establishment of Special Courts (Overseas Pakistanis Property) Act, 2025. […]
Pakistan Sets New Record in Company Registrations During April 2026
Pakistan witnessed a historic rise in business registrations in April 2026, marking a major milestone for the country’s corporate sector and economic documentation efforts. According to the Securities and Exchange Commission of Pakistan, a record-breaking 4,082 companies were incorporated during the month — the highest monthly total ever recorded in the country. The latest figures […]
New US F-16 Support Deal: A Boost for Pakistan’s Air Power
The United States has taken another step in supporting the global network of F-16 fighter jet operators by awarding a major long-term contract for radar system maintenance and engineering services. Valued at $488 million, the agreement will run until 2036 and includes Pakistan among a wide group of participating countries. At its core, the contract […]
Rs7.5 Billion Controversy: What the Latest FBR Case Reveals About Corporate Accountability
A recent case initiated by Pakistan’s tax authorities has put the spotlight on how companies handle financial responsibilities—especially when personal and corporate obligations become intertwined. The Federal Board of Revenue (FBR) has filed a money laundering case against a Karachi-based pharmaceutical company and several of its directors, raising serious questions about transparency and governance. The […]
Revenue Pressures Mount as Pakistan Falls Short of Tax Targets
Pakistan’s tax collection efforts are facing growing strain, with the gap between actual revenue and official targets widening as the fiscal year progresses. The latest figures show that the country is significantly behind schedule, putting pressure on authorities to accelerate collections in the final months. During the first ten months of fiscal year 2025–26, total […]
AGP Limited Charts a New Growth Path with Strategic Pharma Deals
Pakistan’s pharmaceutical sector may be heading into an interesting phase, as AGP Limited signals a more aggressive expansion strategy. In its latest board meeting held on April 29, 2026, the company approved a series of initiatives that point toward both short-term product launches and longer-term growth ambitions. A Dual Approach: Expansion and Efficiency At the […]
Pakistan’s E-Commerce Sector Is Losing Billions at Checkout — Why It Matters
Pakistan’s e-commerce industry is expanding rapidly, fueled by growing internet access, smartphone usage, and a shift toward digital shopping. However, behind this upward trend lies a critical issue: a significant portion of potential revenue is being lost at the checkout stage. Estimates suggest that the sector is losing around $1.61 billion annually due to inefficiencies […]