Business
Business
Pakistan Proposes 9.5% Withholding Tax on Non-Filers for High-Value Property Sales
Pakistan’s government has proposed a record 9.5% withholding tax on non-filers selling properties worth Rs100 million or more in the…
Careem to Shut Down Ride-Hailing Services in Pakistan from July 18, 2025
Careem, a leading online taxi service, has suspended its ride-hailing operations in Pakistan starting July 18, 2025, ending nearly a…
Oil Prices Rally in 2025 as Iran-Israel Conflict Fuels Market Tensions
Oil prices surged as the escalating Iran-Israel conflict heightened geopolitical risks, though major oil and gas infrastructure remained largely unaffected.…
SBP Keeps Policy Rate at 11% Amid Global Tensions in 2025
On June 16, 2025, the State Bank of Pakistan (SBP) announced its decision to maintain the policy rate at 11%,…
Rs200 Prize Bond Draw Results: June 2025 Winners Announced in Quetta
On June 16, 2025, the National Savings Centre in Quetta announced the Rs200 prize bond draw winners, a highly anticipated…
FBR Arrest Powers in Finance Bill 2025-26 Face Senate Opposition
Federal Board of Revenue (FBR) Chairman Rashid Mahmoud Langrial defended the proposed arrest powers for tax fraud under Pakistan’s Finance…
PSX Drops 1,949 Points Amid Israel-Iran Conflict in 2025
The Pakistan Stock Exchange (PSX) faced a sharp decline on June 13, 2025, with the KSE-100 index plummeting 1,949.56 points,…
Crypto Market Falls After Israel’s Airstrikes on Iran
The cryptocurrency market experienced a sharp decline on June 13, 2025, following Israel’s airstrikes on Iran, which heightened geopolitical tensions…
Pakistan Stock Exchange Hits Record 126,000 Amid Budget Optimism
On June 12, 2025, the Pakistan Stock Exchange (PSX) soared to a historic high, with the KSE-100 Index crossing 126,000…