Abu Dhabi: The UAE Ministry of Finance has reported a 15% increase in Value Added Tax (VAT) and Excise Tax collections in 2025, reaching $12.53 billion (approximately AED 46 billion).
Islamabad: Car prices in Pakistan may see a significant reduction as the federal government considers major tariff cuts under the National Tariff Policy (NTP). Officials suggest that customs duties on
Riyadh: Saudi Arabia recorded a historic rise in tourism in 2025, welcoming approximately 123 million domestic and international visitors, marking a 6 percent increase from the previous year. According to
Islamabad: Prime Minister Shehbaz Sharif has approved the rollback of several austerity measures that were introduced on March 9 in response to rising global fuel prices amid the Iran–US conflict.
Pakistan and Iran are moving forward with a significant trade agreement following the lifting of international sanctions. Both countries aim to strengthen economic ties, boost cross-border commerce, and promote regional
Islamabad: Pakistan’s agricultural sector recorded a growth rate of 2.89% during the current fiscal year, according to the Pakistan Economic Survey. While the performance reflects resilience despite climate-related challenges and
Lahore: Punjab Chief Minister Maryam Nawaz Sharif has approved the provincial budget for fiscal year 2026-27 after receiving cabinet approval during a special session. The chief minister signed the budget
Islamabad: The Pakistan Banks Association (PBA) has welcomed the Federal Budget for FY 2026-27, highlighting that it marks a shift from crisis management to growth-focused policymaking. Banks praised the budget’s
ISLAMABAD – The federal government has proposed a 7% increase in salaries for public sector employees under the FY2026‑27 budget, according to official budget documents. The proposal also includes a
Islamabad – Pakistan’s federal budget for fiscal year 2026‑27 is scheduled for presentation today, with an estimated outlay of Rs18 trillion. Finance Minister Muhammad Aurangzeb will unveil the government’s third
