Karachi, May 29, 2025 — As the countdown begins for the presentation of Budget 2025-26 on June 10, economic analysts anticipate a challenging fiscal blueprint aimed at aggressive revenue mobilization amid low inflation and sluggish GDP growth.
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PKR vs Dollar May 29, 2025: rupee rises against dollar in interbank
Karachi, May 29, 2025 — The Pakistani rupee registered a modest gain against the US dollar in Thursday’s interbank foreign exchange trading, closing at PKR 282.07 compared to the previous close of PKR 282.17. This slight appreciation comes after a day of closure in the interbank market on May 28 in observance of Youm-e-Takbeer, a national holiday.
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FBR imposes major penalty on four customs officials for negligence
Islamabad, May 26, 2025 — The Federal Board of Revenue (FBR) has concluded disciplinary proceedings against four officials from the Collectorate of Customs Sambrial, Sialkot, in a high-profile misdeclaration case involving import transshipment TP No. KPPO-TP-24787 dated November 6, 2024.
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SBP releases foreign currency rates for May 29, 2025
On May 29, 2025, the State Bank of Pakistan (SBP) announced the official foreign exchange rates for customers. These rates, based on the weighted averages of commercial banks, act as a key reference for cross-border transactions, facilitating international trade and commerce.
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Karachi to roast under blazing sun as heatwave grips city for days
Karachi, May 29, 2025 – The port city of Karachi is bracing for a brutal onslaught of unrelenting heat, as a ferocious blazing sun takes full command of the skies for the next three days.
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KTBA pushes for zero-rated sales tax on NPOs in budget 2025–26
Karachi, May 29, 2025 – In a major policy recommendation ahead of the upcoming federal budget, the Karachi Tax Bar Association (KTBA) has called on the government to introduce zero-rated sales tax for all Non-Profit Organizations (NPOs), particularly those engaged in critical public welfare services like healthcare and education.
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Pakistan joins global crypto race with Bitcoin reserve
In a historic move that signals Pakistan’s dramatic entry into the global digital economy, Bilal Bin Saqib—newly appointed Special Assistant to the Prime Minister (SAPM) on Blockchain and Crypto and CEO of the Pakistan Crypto Council (PCC)—unveiled the country’s first-ever government-backed Bitcoin reserve.
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Port Qasim Shipping Operations Report – May 29, 2025
Karachi, May 29, 2025 – The Port Qasim Authority (PQA) has released its detailed shipping operations report for Thursday, highlighting another bustling day of maritime activity at one of Pakistan’s busiest trade gateways.
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Islamabad on Alert: thunderstorm, hailstorm to strike on May 30
Islamabad, May 29, 2025 – The capital city is on edge as a fierce weather system barrels toward it, bringing with it the threat of a power-packed thunderstorm, roaring windstorm, and a bone-chilling hailstorm.
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Gold and Silver Prices Today in Pakistan – May 29, 2025
The latest prices for gold and silver in Pakistan, as of 9:00 AM on May 29, 2025, have been updated and are as follows, along with the previous closing prices in the bullion market:
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