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The Newspapers Staff Reporter

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Telco ordered to pay Rs22bn tax on towers’ sale

Telco ordered to pay Rs22bn tax on towers’ sale

ISLAMABAD: A division bench of the Islamabad High Court (IHC) has ruled in favour of the Federal Board of Revenue (FBR) in assessing tax liability on...

latest 4

Dawn Business

The Newspapers Staff Reporter

SBP reserves up, monetary policy on 16th

SBP reserves up, monetary policy on 16th

KARACHI: The foreign exchange reserves of the State Bank of Pakistan (SBP) increased by $167 million to $11.675 billion during the week ending June 6,...

latest 4

Dawn Business

The Newspapers Staff Reporter

Low education budget worries teachers as varsities struggle to pay salaries, pensions

Low education budget worries teachers as varsities struggle to pay salaries, pensions

ISLAMABAD: Teachers on Wednesday voiced their concerns over what they claimed was inadequate budget allocation for the higher education sectors,...

yesterday 20

Dawn Business

The Newspapers Staff Reporter

PPP demands salary, pension raise for govt workers

PPP demands salary, pension raise for govt workers

ISLAMABAD: The PPP demanded on Monday a minimum 50 per cent increase in the salaries of government employees and a 100pc raise in pensions under...

wednesday 70

Dawn Business

The Newspapers Staff Reporter

SBP reserves fall

SBP reserves fall

KARACHI: Foreign exchange reserves of the State Bank declined $7 million to $11.508 billion during the week ending on May 30, announced the central...

07.06.2025 10

Dawn Business

The Newspapers Staff Reporter

Regulator doles out Rs50bn write-off to K-Electric

Regulator doles out Rs50bn write-off to K-Electric

ISLAMABAD: K-Electric continued to receive good news as the national power regulator — Nepra — allowed it a Rs50 billion write-off of unrecovered...

07.06.2025 20

Dawn Business

The Newspapers Staff Reporter

Senate panel urges infrastructure for EVs

Senate panel urges infrastructure for EVs

ISLAMABAD: The Senate Standing Committee on Industries and Production has urged the government to expedite the development of infrastructure to...

05.06.2025 10

Dawn Business

The Newspapers Staff Reporter

Committee tasked with digitising fuel payments

Committee tasked with digitising fuel payments

ISLAMABAD: The government has constituted a seven-member committee to finalise a detailed mechanism for digitising payments at fuel stations across...

05.06.2025 20

Dawn Business

The Newspapers Staff Reporter

Aptma seeks review of export scheme

Aptma seeks review of export scheme

KARACHI: Textile ind­ustry has sought urgent removal of yarn and fabric from Export Facilitation Scheme (EFS) import scheme in budget FY26 to save...

05.06.2025 40

Dawn Business

The Newspapers Staff Reporter

Exports to Europe swell to $7.5bn

Exports to Europe swell to $7.5bn

ISLAMABAD: Pakist­an’s exports to European countries grew 8.62 per cent in the 10 months of the current fiscal year from a year ago, mainly due to...

05.06.2025 40

Dawn Business

The Newspapers Staff Reporter

Senate panel wants PCC under IT ministry

Senate panel wants PCC under IT ministry

ISLAMABAD: The Se­­nate Standing Commit­tee on Information Tech­no­logy and Telecom­muni­ca­tion has recommended that the Pakistan Crypto...

04.06.2025 20

Dawn Business

The Newspapers Staff Reporter

Govt eyes 4.2pc GDP growth for FY26

Govt eyes 4.2pc GDP growth for FY26

ISLAMABAD: With an improved 4.2 per cent economic growth forecast for next year, the Ministry of Planning and Development cautioned on Monday about...

04.06.2025 40

Dawn Business

The Newspapers Staff Reporter

Petroleum minister discusses energy priorities with OICCI

Petroleum minister discusses energy priorities with OICCI

KARACHI: Petroleum Minister Ali Pervaiz Mal­ik has reaffirmed the government’s commitment to structural reforms, accelerated policy execution, and...

02.06.2025 50

Dawn Business

The Newspapers Staff Reporter

Body to probe ‘graft’ in Punjab Ramazan package

LAHORE: As the Punjab government announced the constitution of a committee to probe alleged bungling in the Ramazan Nigehbaan Package, the opposition...

01.06.2025 20

Dawn Business

The Newspapers Staff Reporter

Govt mulls tax break to avert cotton sector collapse

LAHORE: Pakistan’s cotton sector is facing its gravest financial crisis in decades, prompting swift government attention after urgent appeals from...

01.06.2025 10

Dawn Business

The Newspapers Staff Reporter

Petrol dealers oppose govt officials’ power to seal pumps

Karachi: Federal Minister for Petroleum Ali Pervaiz Malik has proposed the inclusion of dealers in a committee to thrash out rules related to the...

31.05.2025 10

Dawn Business

The Newspapers Staff Reporter

Senate panel clears tax amendment bill

ISLAMABAD: The Senate Stan­ding Committee on Finance and Revenue has approved the Income Tax (Second Amendment) Bill 2025 and sought a report from...

31.05.2025 20

Dawn Business

The Newspapers Staff Reporter

SBP needs $2.5bn to achieve $14bn target

KARACHI: Foreign exchange reserves of the State Bank of Pakistan (SBP) increased by $70 million to $11.516 billion during the week ended on May 23,...

31.05.2025 30

Dawn Business

The Newspapers Staff Reporter

Industrial users criticise spike in power tariffs

ISLAMABAD: Industrial power consumers on Thursday criticised the revival of rising fuel costs in an unpredictable manner, despite the government’s...

31.05.2025 20

Dawn Business

The Newspapers Staff Reporter

PTCL invites bids for key property

ISLAMABAD: The Pakistan Telecommunication Company Ltd (PTCL) has announced that it will proceed with the sale of a key property in Karachi. A company...

30.05.2025 20

Dawn Business

The Newspapers Staff Reporter

Govt raises Rs772bn

KARACHI: Investors offered over Rs3.2 trillion to buy treasury bills against the target of Rs650 billion, reflecting the markets’ fear that the...

29.05.2025 20

Dawn Business

The Newspapers Staff Reporter

Murad says Sindh takes lead in innovation investment

KARACHI: Sindh Chief Minister Syed Murad Ali Shah has reaffirmed his support for universities and their research and development initiatives, stating...

29.05.2025 20

Dawn Business

The Newspapers Staff Reporter

Punjab mulls strategy to foster resource mobilisation

LAHORE: The Punjab government is proactively strategising for the upcoming fiscal year with a strong focus on bolstering provincial resources and...

28.05.2025 20

Dawn Business

The Newspapers Staff Reporter

Amendments to Petroleum Act irk dealers

KARACHI: Pakistan Petroleum Dealers Association (PPDA) Chairman Abdul Sami Khan has expressed serious concerns over the amendment to the Petroleum Act...

26.05.2025 10

Dawn Business

The Newspapers Staff Reporter

Packaged juice makers seek tax cuts

LAHORE: The formal packaged juice industry has urged the government to take immediate action in the upcoming federal budget, requesting a significant...

26.05.2025 10

Dawn Business

The Newspapers Staff Reporter

Rehearing ordered in Rs44bn Pakistan Sugar Mills As­­sociation case

ISLAMABAD: The Competition Appel­late Tribunal (CAT) on Friday ordered a fresh hearing in a Rs44 billion penalty case against sugar mills. The CAT...

25.05.2025 10

Dawn Business

The Newspapers Staff Reporter

Provincial power dues swell to Rs161bn

ISLAMABAD: The Power Division has sought recoveries of outstanding electricity bills against provincial governments estimated at Rs161 billion. Power...

25.05.2025 10

Dawn Business

The Newspapers Staff Reporter

Auto industry to be consulted on used cars, duty cut: SAPM

LAHORE: The government has assured the auto industry of consulting its main stakeholders before taking final decisions on the proposals for tariff...

25.05.2025 10

Dawn Business

The Newspapers Staff Reporter

ABAD proposes 15-year tax policy to boost investor confidence

KARACHI: The Association of Builders and Developers (ABAD) has called for a long-term 15-year tax policy to restore investor confidence, arguing that...

24.05.2025 30

Dawn Business

The Newspapers Staff Reporter

Pakistan to export 125,000 tonnes of mangoes

KARACHI: Pakistan is set to begin mango exports from May 25, targeting 125,000 tonnes this season, with projected earnings of $100 million in foreign...

24.05.2025 20

Dawn Business

The Newspapers Staff Reporter

Export Development Fund to support exporters in reaching global markets

ISLAMABAD: The Export Development Fund (EDF) will provide targeted technical and financial support to help exporters access international markets,...

24.05.2025 20

Dawn Business

The Newspapers Staff Reporter

Deloitte pledges support for economic goals

ISLAMABAD: A high-level delegation from Deloitte Advisory US, led by Richard Longstaff, on Wednesday called on Minister for Commerce Jam Kamal Khan to...

23.05.2025 10

Dawn Business

The Newspapers Staff Reporter

More burden on consumers as Discos seek FCA hike

• Nepra sets May 29 hearing on Rs1.27/unit hike request • If approved, power firms to charge Rs13bn more in June ISLAMABAD: With a massive 22 per...

23.05.2025 10

Dawn Business

The Newspapers Staff Reporter

Refineries agree to launch $6bn upgrade plan

ISLAMABAD: All five refineries are now ready to initiate upgrade projects involving a $6 billion investment after the government addressed their key...

22.05.2025 10

Dawn Business

The Newspapers Staff Reporter

CDWP clears 10 projects

ISLAMABAD: Days before the unveiling of the federal budget for the next fiscal year, the Central Development Working Party (CDWP) on Tuesday cleared a...

22.05.2025 10

Dawn Business

The Newspapers Staff Reporter

6.6pc rise in gas prices okayed

ISLAMABAD: Criticising the IMF-led gas disconnection of industrial captive power plants, the Oil and Gas Regulatory Authority (Ogra) on Tuesday...

22.05.2025 40

Dawn Business

The Newspapers Staff Reporter

Tariff cut on CBU vehicles

KARACHI: The Engineering Development Board (EDB), a strong arm of the Ministry of Industries and Production (MOIP), has surprised the auto assemblers...

21.05.2025 10

Dawn Business

The Newspapers Staff Reporter

Profit repatriation jumps to $1.8bn

KARACHI: The outflow of profits and dividends on foreign investments jumped by 108 per cent during the first ten months of the current fiscal year...

21.05.2025 10

Dawn Business

The Newspapers Staff Reporter

Govt fails to sell three inefficient power plants

ISLAMABAD: The government got an apathetic response to its auction for three inefficient power plants, compelling it to go for a second round of...

21.05.2025 20

Dawn Business

The Newspapers Staff Reporter

SBP goes ‘cashless’ for cattle markets

KARACHI: The State Bank of Pakistan has initiated a nationwide “Go Cashless” campaign to promote digital payments and reduce reliance on cash...

21.05.2025 10

Dawn Business

The Newspapers Staff Reporter

Cotton sector faces potential crisis amid tax-free imports

LAHORE: Despite the early commencement of the new cotton ginning season in the second week of May — a first in the country’s history — concerns...

20.05.2025 40

Dawn Business

The Newspapers Staff Reporter

Business leaders up in arms against new tax law

KARACHI: Business leaders have harshly criticised the Tax Ordinance Amendments 2025, warning that misguided policies from within the government pose a...

19.05.2025 30

Dawn Business

The Newspapers Staff Reporter

SECP issues cybersecurity alert for firms

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has issued an advisory to all the companies, in light of the recent geopolitical...

18.05.2025 10

Dawn Business

The Newspapers Staff Reporter

Interest rate cuts fuel 1.8pc growth in large-scale manufacturing sector

ISLAMABAD: The Large-Scale Manufacturing (LSM) sector modestly returned to a positive trajectory in March, with production increasing by 1.79 per cent...

18.05.2025 10

Dawn Business

The Newspapers Staff Reporter

Textile exports down 1.35pc last month

ISLAMABAD: The country’s textile and clothing exports fell by 1.35 per cent in April 2025 compared to the same month last year, marking the first...

18.05.2025 10

Dawn Business

The Newspapers Staff Reporter

SBP foreign exchange reserves up $71m

KARACHI: Foreign exchange reserves of the State Bank of Pakistan (SBP) increased by $71 million during the week ended on May 9. With this increase,...

17.05.2025 10

Dawn Business

The Newspapers Staff Reporter

Paapam rejects perception of 98pc tariff protection

KARACHI: Pakistan Automotive Parts and Accessories Manufacturers (Paapam) has claimed that the auto parts makers do not enjoy 98 per cent tariff...

17.05.2025 10

Dawn Business

The Newspapers Staff Reporter

Senate committee clears IMF-driven grid levy bill

ISLAMABAD: The Senate Standing Committee on Finance and Revenue unanimously cleared the government’s Captive Power Plants Levy Bill 2025 on...

17.05.2025 20

Dawn Business

The Newspapers Staff Reporter

Development remains a priority: Ahsan Iqbal

ISLAMABAD: Planning Minister Ahsan Iqbal on Saturday vowed that the government would not let anything derail Pakistan’s development and economic...

12.05.2025 30

Dawn Business

The Newspapers Staff Reporter

Rawalpindi farmers informed about benefits of cultivating blackberries

RAWALPINDI: A one-day festival was organised to create awareness among farmers about blackberries at the Barani Agricultural Research Institute,...

12.05.2025 30

Dawn Business

The Newspapers Staff Reporter