Islamabad, March 17, 2025 – The government of Pakistan has revised its tax collection target for the fiscal year 2024-25, adjusting it from PKR 12.97 trillion to PKR 12.35 trillion following negotiations with the International Monetary Fund (IMF).
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Top stories featuring the most important and trending news updates from politics, business, world affairs, and breaking events across various sectors.
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Solar Net Metering Consumers to Rise Under New Policy: Minister
Federal Minister for Energy Sardar Awais Ahmad Leghari has announced that the number of solar net metering consumers is expected to rise significantly under the government’s new energy policy.
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Pakistan Curbs Cigarette Consumption Through Strict Tax Policies
Karachi, March 16, 2025 – Pakistan has successfully achieved a significant reduction in cigarette consumption by implementing stringent taxation policies, marking a crucial step in its public health efforts.
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Petroleum Prices Steady as Shehbaz Targets Power Tariff Drop
Prime Minister Shehbaz Sharif has decided to keep petroleum product prices unchanged for the next fortnight, opting instead to utilize the financial relief from declining international petrol prices to significantly reduce the power tariff for the masses.
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IMF and Pakistan Advance Towards Staff-Level Agreement
Islamabad, Pakistan – The International Monetary Fund (IMF) and Pakistan have made substantial progress in negotiations to reach a Staff-Level Agreement (SLA) under the ongoing 37-month Extended Arrangement supported by the Extended Fund Facility (EFF).
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Sharp Cut Expected in Petrol Prices for 2nd Half of March 2025
ISLAMABAD, March 15, 2025 – Pakistan is set to witness a substantial decrease in petrol prices for the second half of March 2025, with the federal government expected to announce a significant reduction in petroleum product rates.
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Shehbaz Directs New Investment Scheme for Economic Revival
Islamabad, March 14, 2025 – Prime Minister Shehbaz Sharif has instructed authorities to introduce a well-structured scheme for long-term investment in Pakistan, emphasizing its critical role in economic growth.
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Taxpayers in Pakistan Bear Burden of Rising Sugar Prices
Karachi, March 14, 2025 – Taxpayers in Pakistan continue to struggle with surging sugar prices, as they are now forced to buy the commodity at an exorbitant Rs 172 per kilogram.
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Gold Prices Hit Rs 314,000 for the First Time in Pakistan
Karachi, March 14, 2025 – The gold market in Pakistan witnessed an unprecedented surge on Friday as prices soared to a record high of Rs 314,000 per tola for the first time in history.
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Will Pakistan Achieve Its FY25 Tax Collection Target?
The Federal Board of Revenue (FBR) is facing a significant shortfall in meeting its tax collection target for the fiscal year 2024-25.
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