Business

Money coming in for Eid grew by 15.4%, with Saudi Arabia and the UAE each receiving over $1 billion. BY Mahnoor | 11-06-2026 KARACHI: Money sent home by Pakistani workers reached a record high of $4.3 billion in May 2026. This increase was driven by Eid celebrations, showing how much …

Tax revenue is only 10% of the economy, missing the 17% goal because only 43% of taxpayers file their paperwork. BY Mahnoor | 09-06-2026 ISLAMABAD: The World Bank has lowered its rating for Pakistan’s $400 million revenue program to “moderately satisfactory.” This is because the country is moving too slowly …

PBF regrets that growth has stayed at 3% for four years; warns new taxes could stop progress. BY Mahnoor | 05-06-2026 KARACHI: Business leaders in Pakistan say the IMF program is not a reason to overtax businesses and the public. They argue that the new budget will only succeed if …

The main stock index fell to 170,647 because investors are becoming careful. BY Mahnoor | 03-06-2026 KARACHI: On Wednesday morning, the Pakistan Stock Exchange (PSX) had varying results, with the main KSE-100 Index starting the day with losses. The KSE-100 Index fell to 170,646.92 points, dropping 374.85 points (0.22%) from …

The government could collect Rs30 trillion in taxes if it records the informal economy, real estate, and other sectors. BY Mahnoor | 01-06-2026 ISLAMABAD: Pakistan collects very little tax because of poor financial management. Current policies protect those who avoid taxes while placing too much pressure on honest, registered businesses. …

Gold prices in Pakistan went up by Rs1,300 per tola. BY Mahnoor | 30-05-2026 On Saturday, gold prices went up in Pakistan because they rose worldwide. However, silver prices dropped in both Pakistan and the global market. The All-Pakistan Gems and Jewellers Sarafa Association (APGJSA) reported that gold prices went …

Treating plug-in hybrids like zero-emission cars might make people buy fewer EVs. BY Mahnoor | 23-05-2026 LAHORE: Pakistan’s plan for New Energy Vehicles (NEVs), which aims to switch to cleaner transportation by cutting pollution and oil imports, encouraging electric vehicles, and building a local EV industry, is becoming a major …

Experts say the move should diversify finances, not just increase debt. BY Mahnoor | 22-05-2026 KARACHI: Pakistan has started using China’s large financial system by issuing its first Panda Bond. This creates a new way to borrow money at a lower cost and with fewer political requirements. Experts believe this …

The Third Schedule improves tax collection, but it doesn’t replace the need for bigger changes. BY Mahnoor | 18-05-2026 ISLAMABAD: Discussions about taxes in Pakistan often begin with the wrong focus. We discuss rates, goals, and missed targets, but we avoid the main issue: how the tax system is set …

Pakistan bought 26,000 MW of solar panels from other countries between 2022 and 2024. BY Mahnoor | 16-05-2026 KARACHI: People involved in renewable energy are asking the Engineering Development Board to lower taxes on lithium battery cells. This would help local companies make them and encourage the use of green …