Karachi, October 8, 2025 — The gold market in Pakistan witnessed a historic milestone on Wednesday, as prices soared past Rs425,000 per tola for the first time.
(more…)Category: Top stories
Top stories featuring the most important and trending news updates from politics, business, world affairs, and breaking events across various sectors.
-
FBR reports 19% rise in tax collected from weddings
Karachi, October 8, 2025 — The Federal Board of Revenue (FBR) has announced a significant 19% increase in the collection of withholding tax on weddings during the fiscal year 2024–25, highlighting improved compliance and growing formalization in the event management sector.
(more…) -
Pakistan may end car import baggage, gift schemes
Islamabad, October 8, 2025 — Pakistan is expected to abolish the car import schemes that allow vehicles to enter the country under the baggage and gift programs, both of which provide duty and tax exemptions.
(more…) -
Saudi business delegation arrives in Pakistan to boost trade ties
Islamabad, October 7, 2025 – A high-profile business delegation from Saudi Arabia, headed by Prince Mansour bin Mohammad Al Saud, Chairman of the Saudi-Pakistan Joint Business Council, arrived in Islamabad to strengthen bilateral trade and investment relations between the two nations.
(more…) -
Pakistan grants Rs61b in tax exemptions under trade agreements
Karachi, October 6, 2025 – Pakistan has provided a substantial tax exemption of Rs61 billion during the tax year 2023–24 under various Free Trade Agreements (FTAs) and Preferential Trade Agreements (PTAs), according to the Tax Expenditure Report 2025 issued by the Federal Board of Revenue (FBR).
(more…) -
Pakistan, Malaysia sign six accords to deepen bilateral ties
Kuala Lumpur, October 6, 2025 – Pakistan and Malaysia on Monday took a major step toward expanding bilateral relations by signing six key accords aimed at enhancing cooperation in diverse sectors, including education, tourism, Halal certification, anti-corruption efforts, and the development of small and medium enterprises (SMEs).
(more…) -
Pakistan, IMF discuss economic target after floods losses
Islamabad, October 5, 2025: Pakistan has initiated discussions with the visiting International Monetary Fund (IMF) delegation to review key economic targets under the ongoing loan program, following extensive losses caused by recent floods across several provinces.
(more…) -
IR Officers Get Court Powers in Tax Summon Cases
Karachi, October 4, 2025 – In a dramatic move that could reshape Pakistan’s tax enforcement landscape, Inland Revenue (IR) officers have been empowered with court-like authority to summon individuals in tax-related cases.
(more…) -
Cyclone SHAKHTI brings thunderstorms to Karachi, Sindh
Islamabad, October 4, 2025 – The Pakistan Meteorological Department (PMD) has issued a fresh alert stating that the developing Cyclone ‘SHAKHTI’ is expected to cause thunderstorms and rainfall in Karachi as well as several districts of Sindh.
(more…) -
Pakistan’s weekly inflation rises 0.56% on fuel costs
Islamabad, October 3, 2025 – A sharp rise in petroleum prices has contributed to an increase in weekly inflation, which climbed by 0.56% during the week ending October 2, 2025, according to the latest data from the Pakistan Bureau of Statistics (PBS).
(more…)