Download IPFS Australian small and medium-sized businesses now have broader access to flexible funding, as LMG Asset Finance adds global lender TP24 to its panel. TP24, with offices in Melbourne, Zurich, and Manchester, specializes in revolving credit facilities tailored to the cash flow needs of modern businesses. The lender utilizes[Read More…]

Download IPFS Parliamentary Secretary for Commerce Zulfiqar Ali Bhatti confirmed on Thursday that the United States has not imposed punitive tariffs on Pakistani exports, easing earlier concerns about a potential $1 billion trade loss. Pakistan, he said, currently enjoys some of the lowest tariff rates among regional competitors, including India.[Read More…]

Download IPFS The government has acknowledged that high inflation in recent years has sharply reduced the purchasing power of ordinary Pakistanis, but insists that recent economic measures are beginning to reverse the trend. Minister of State for Finance and Revenue Bilal Azhar Kayani told the National Assembly on Thursday that[Read More…]

Download IPFS Electricity consumers across Pakistan are set to receive a relief of Rs 2.65 per unit in their August 2025 electricity bills, following adjustments announced by the National Electric Power Regulatory Authority (NEPRA). The relief consists of two components: a Rs 1.88 per unit reduction for all XWDISCOs and[Read More…]

Download IPFS In Pakistan, the digital economy is no longer a fringe space for hobbyists or students. Thousands of people across the country now depend on online income as a primary source of livelihood. From freelance services and digital marketing to remote jobs and content creation, the shift is changing[Read More…]

Download IPFS Pakistan Customs officials have rejected recent allegations of money laundering and under-invoicing tied to luxury vehicle imports, asserting that no evidence has emerged to support these claims so far. At a press conference on Wednesday, Chief Collector of Customs Jamil Nasir, flanked by Collector East Tayyaba Kayani and[Read More…]

Download IPFS The Rawalpindi Cantonment Board (RCB) has raised objections to operations conducted by the Punjab Enforcement Regulatory Authority (PERA) and the Health Department, accusing them of overstepping jurisdiction within cantonment limits. In a formal letter to the Rawalpindi deputy commissioner, RCB Executive Officer Ali Irfan Rizvi described these actions[Read More…]

Download IPFS A financial dilemma is unfolding in the National Assembly as 18 lawmakers, recently reinstated to reserved seats, await clarity over the release of their unpaid salaries accumulated during a year-long suspension. These members of the National Assembly (MNAs) were de-notified on May 13, 2024, following a ruling by[Read More…]

Download IPFS Pakistan’s tax-to-GDP ratio surged to 15.7% in FY2025, the highest since 2004, driven by record non-tax revenues and IM F-mandated fiscal measures. The Ministry of Finance reported a 68% spike in non-tax collections, including Rs1.22 trillion from petroleum levies and Rs258 billion from public sector markups. While tax[Read More…]

Download IPFS The Pakistani government has unveiled sweeping reforms to modernize bankruptcy laws, aiming to revive struggling industries and protect businesses from undue regulatory harassment. Special Assistant to the Prime Minister on Industries Haroon Akhtar Khan announced the proposed changes during a high-level meeting with economic stakeholders, framing the initiative[Read More…]