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Business

Pakistan Crypto Council Refines Robust Regulatory Framework for Digital Assets

On June 5, 2025, Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb chaired the Pakistan Crypto Council (PCC) follow-up…

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Pakistan’s 2025-26 Budget: PPP Demands 50% Salary & Pension Hike

On June 5, 2025, Pakistan People’s Party (PPP) leader Chaudhry Manzoor, head of the People’s Labour Bureau, met President Asif…

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K-Electric Launches Microsite for Real-Time Power Status Monitoring

K-Electric (KE) launched a dedicated microsite enabling customers in Karachi to monitor their area’s power status and loss profile in…

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Pakistan’s NHA Imposes 50% Extra Toll Tax on Non-M-Tag Vehicles

On June 1, 2025, the National Highways Authority (NHA) announced a 50% additional toll tax on non-M-Tag and low-balance vehicles…

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Pakistan Secures IMF Income Tax Relief for Salaried Class

Pakistan has reached an agreement in its budget negotiations with the International Monetary Fund (IMF), achieving income tax relief for…

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Sanofi Acquires Blueprint Medicines for $9.5B

On June 2, 2025, French pharmaceutical giant Sanofi announced its acquisition of U.S.-based Blueprint Medicines for up to $9.5 billion,…

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Pakistan’s Budget to Introduce Differential Tax Rates in War on Cash

Sources revealed that Pakistan’s federal government plans to escalate its “war on cash” in the 2025-26 budget, introducing differential tax…

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Pakistan Raises Petrol Price by Rs 1 to Rs 253.63 Per Litre, Diesel Unchanged

On May 31, 2025, the government of Pakistan announced an increase of Rs 1 per litre in petrol prices, raising…

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SBP Clarifies Crypto Stance, Announces Strategic Bitcoin Reserve

The State Bank of Pakistan (SBP) clarified that its 2018 advisory did not deem cryptocurrencies illegal but advised regulated entities…

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