Finance Act, 2026 expands the list of exempt goods and imports, including sanitary products, contraceptives, selected vessels and bulletproof vehicles.
(more…)Author: Hamza Shahnawaz
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Pakistan cuts corporate tax rate for banks to 42% in FY27
Reduced tax rate takes effect from January 1, 2026, while tax rates for small companies and other corporate entities remain unchanged.
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FBR abolishes ‘late filer’ category under Finance Act 2026
Higher withholding tax rates on property transactions for late filers have been withdrawn, aligning them with active taxpayers to encourage return filing.
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OGDC discovers lithium in geothermal brines, opening new critical minerals opportunity
First confirmed lithium-bearing geothermal brines could help Pakistan enter global battery minerals market
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Gold prices in Pakistan rebound by Rs2,400 per tola on July 18
International bullion gains lift local gold market after recent declines
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Apple overtakes Nvidia to become world’s most valuable company
Apple overtook Nvidia on Friday to become the world’s most valuable publicly traded company, as investors reassessed the outlook for artificial intelligence (AI) and broadened their focus beyond chipmakers that have dominated the AI rally.
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Google expands Career Certificate programme to 350,000 Pakistani students
Google has expanded its digital skills initiative in Pakistan by increasing the number of Google Career Certificates available to students to 350,000, as part of a broader effort to strengthen the country’s workforce with skills in artificial intelligence (AI) and other high-demand digital fields.\
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Pakistan power generation rises 1.2% in FY26 despite LNG shortages
Imported coal offsets sharp decline in LNG-based electricity generation as demand remains subdued
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KSE-100 sheds 3.5% weekly as US-Iran tensions weigh on investor sentiment
Rising geopolitical risks, weaker foreign investment and a widening current account deficit pressure Pakistan’s stock market
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Punjab Finance Act 2026 tightens input tax adjustment rules
Punjab reduces the input tax adjustment cap to 80% and introduces a 12-month phased adjustment for capital goods under new sales tax reforms.
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