News Category will include ths artciles about the news about taxes, finance and economy mainly related to Pakistan
In a major shakeup of global trade dynamics, US tariffs on Pakistan have surged to 29%, dealing a significant blow to bilateral trade and Pakistan’s export economy. This action is part of a wider move under former President Donald Trump’s revived protectionist policy, imposing reciprocal tariffs on over 180 countries. Trump justified the decision by…
Islamabad – March 24, 2025: The IMF declines to reduce tax on property, opposed to Pakistan’s request to lower taxes on real estate transactions, confirming that there will be no tax relief on property from April 2025. The Federal Board of Revenue (FBR) had sought a 2% reduction in withholding tax for property buyers, but…
Islamabad, March 22, 2025 – The International Monetary Fund (IMF) has agreed, in principle, to provide tax relief on property transactions in Pakistan. Effective April 2025, the 2% withholding tax reduction will apply to property buyers, while the tax rate for sellers will remain unchanged. The IMF has also approved collecting PKR 1,257 billion from…
Lahore, March 18, 2025 — In a landmark initiative to improve maternal and newborn health, the CM Punjab Aghosh Program has been launched under the Punjab Human Capital Investment Project. This program provides financial assistance of up to Rs 23,000 to pregnant and lactating women, ensuring better healthcare access and financial relief for disadvantaged families….
Islamabad: The Truth Behind the Suzuki Alto Ban on Motorways Speculation Recently, social media has been flooded with claims that the “Suzuki Alto banned on motorways”, causing confusion among car owners and potential buyers. The rumors suggested that authorities had prohibited the compact hatchback from using high-speed highways due to safety concerns. However, the National…
Karachi, March 11, 2025 – Suzuki WagonR booking suspended as Pak Suzuki Motor Company (PSMC) has announced the permanent halt of bookings for all variants of the WagonR in Pakistan. The decision, which is effective immediately, was communicated to all authorized dealerships via an official notification. This move has also led to speculation about whether…
Karachi, March 10, 2025 — Monetary Policy Update March 10 2025 – The SBP maintains the interest rate in March 2025 at 12%, signaling a cautious approach to macroeconomic stability. This decision follows the latest Monetary Policy Update (March 10, 2025), where the Monetary Policy Committee (MPC) highlighted declining inflation, improving economic activity, and external…
The CM Punjab Asaan Karobar Card initiative to facilitate businesses and entrepreneurs in Punjab. The Psychometric Test for CM Punjab Asaan Karobar Card is the most crucial step to obtaining this card. This test evaluates a person’s cognitive abilities, problem-solving skills, and decision-making capacity to ensure they are suitable for running a business efficiently. If…
The Personal Guarantee of CM Punjab Asaan Karobar Card is required for the easy access to interest-free loans provided to small business owners and entrepreneurs in Punjab. This initiative, backed by the Chief Minister of Punjab, ensures that startups and small enterprises can secure funding without the hassle of extensive collateral requirements. By offering a…
The Asaan Karobar Card, introduced by the Government of Punjab, is a financial initiative designed to support small businesses and entrepreneurs. This card provides easy access to credit facilities, helping business owners manage their financial needs efficiently. However, before applying for and using the card, it is essential to understand its terms and conditions of…
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