Business

Rather than increasing production, the government is focusing on increasing taxes. BY Mahnoor | 22-06-2026 ISLAMABAD: A strong nation needs three things: a powerful military, smart diplomacy, and a solid economy. Pakistan has made great progress in its military and diplomatic relations. Two recent events have made the country even …

Arguments between government departments are delaying the new car policy. BY Mahnoor | 20-06-2026 ISLAMABAD: The IMF rejected a plan to charge a 1% sales tax on new energy vehicles, such as electric cars. This happened because government departments are arguing about taxes, making the new auto policy uncertain. On …

Silver prices in Pakistan dropped by Rs413 per tola. BY Mahnoor | 20-06-2026 KARACHI: Gold prices dropped significantly in both global and local markets on Friday. Internationally, the price of gold per ounce fell by $149 to $4,156. According to the APGJSA, local prices also fell: gold per tola decreased …

The country’s trade surplus is getting smaller. BY Mahnoor | 18-06-2026 KARACHI: Pakistan’s extra money from international trade dropped significantly in May 2026. This happened because the country spent more on imports, which canceled out the money gained from services and money sent home by citizens abroad. This suggests that …

Brent crude oil prices fell by 16 cents (0.2%) to $78.80 per barrel. BY Mahnoor | 17-06-2026 Oil prices dropped slightly on Wednesday, following previous losses as investors reacted to the US-Iran peace deal. However, prices didn’t fall much more because it is still unclear if shipping through the Strait …

To prevent a major financial crisis, we must lower taxes, cut unnecessary spending, and improve record-keeping. BY Mahnoor | 15-06-2026 ISLAMABAD: Pakistan’s money problems are now a daily reality, not just a warning. The government is spending more every year, but its income is falling, leaving almost no money for …

Tax on oil reaches Rs1.68 trillion; taxes lowered for workers and property owners. BY Mahnoor | 13-06-2026 ISLAMABAD: The government announced it wants to collect Rs17 trillion in taxes this coming year. This includes Rs1.7 trillion from fuel taxes. To help boost the economy, the government is giving Rs360 billion …

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 …