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Body formed to monitor oil volatility amid Iran-Israel war says Pakistan has adequate petroleum stocks

A committee formed In response to the evolving geopolitical situation following Israel’s recent attack on Iran and the resulting volatility in the...

latest 10

Dawn Business

Tahir Sherani

Balochistan to present Rs1tr surplus budget tomorrow

QUETTA: Balochistan Finance Minister Mir Sho­a­ib Nosherwani will present the provincial budget for the fiscal year 2025-26 on Tuesday (tomorrow),...

latest 30

Dawn Business

Saleem Shahid

SBP maintains 11pc interest rate amid Mideast conflict

The State Bank of Pakistan (SBP) maintained its policy rate on Monday at 11 per cent, after many analysts cited inflation risks from rising global...

latest 30

Dawn Business

Dawn.com

Air India chairman says crash should drive effort to build safer airline

Air India Chairman N Chandrasekaran on Monday told staff that last week’s plane crash that killed at least 271 people should be a catalyst to build...

latest 10

Dawn Business

Reuters

Bits, gaps, and the farmers’ perspective

Given Pakistan’s specific economic structure, the nature and scale of its industrial base, rural-urban population ratio, and prevailing literacy...

latest 10

Dawn Business

Khalid Saeed Wattoo

BUDGET SPECIAL: Tying down e-commerce with misguided reforms

What happens when you put accountants and commercial bankers in charge of the finance ministry instead of trained economists? Well, the budget...

latest 10

Dawn Business

Mutaher Khan

False promises and avoiding agricultural necessities

The federal agriculture budget this year would be remembered for “not doing what was necessary” rather than for the “actions it has taken”. A clear...

latest 20

Dawn Business

Ahmad Fraz Khan

ECONOMIC SURVEY: Resilient, if you don’t look too closely

In some misguided attempt at glossing over grim realities, the Pakistan Economic Survey 2024-25 report features the word ‘resilience’ multiple...

latest 10

Dawn Business

Saadiya Atiq

Questioning the masses

With over 90 per cent of the respondents of the annual budget survey that runs on Dawn.com every year during the budget belonging to the salaried...

latest 10

Dawn Business

Fatima S Attarwala

PPP’s Senator Marri laments development projects not being given to Sindh

After the unveiling of Sindh’s budget last week was met with protests by opposition lawmakers, PPP Senator Quratulain Marri on Monday lamented that...

latest 9

Dawn Business

Nadir Guramani

Govt hikes petrol price by Rs4.80, diesel by Rs7.95

The Finance Division on Sunday night notified hefty increases in the prices of both petrol and diesel, with the rates climbing by Rs4.80 and Rs7.95...

latest 10

Dawn Business

Tahir Sherani

One-time sellers, home-based business exempt from online registration: FBR

ISLAMABAD: The Federal Board of Revenue (FBR) chairman has clarified that one-time sellers and women selling goods from their homes would be exempt...

latest 10

Dawn Business

Dawn Report

Notes on key budgetary reforms

Mushtaq Khan Founder, doctored papers We can characterise the FY26 budget as well-intentioned fiscal austerity, but overall, it does little to...

latest 10

Dawn Business

From The Newspaper

Fuel crisis deepens in Balochistan as supply from Iran disrupted

• Petrol hiked by Rs4.80, diesel rates rise by Rs7.95 • Crisis deepens in Balochistan as supply from Iran disrupted • ME conflict worries global...

latest 40

Dawn Business

Saleem Shahid

Budget 2025-26: Senate panel opposes arrest powers for tax commissioners

Budget 2025-26: Senate panel opposes arrest powers for tax commissioners

• Lawmakers warn misuse to hurt businesses, turn country into police state • FBR chief says tampered vehicles to be seized and destroyed • IMF to...

yesterday 20

Dawn Business

Mubarak Zeb Khan

Business leaders slam Centre, Sindh for ignoring Karachi

Business leaders slam Centre, Sindh for ignoring Karachi

• For third year, no new mega project announced for the country’s economic hub • Meagre allocations for Sukkur motorway and K-IV projects deplored...

yesterday 40

Dawn Business

Aamir Shafaat Khan

Sindh offers tax relief to boost economic activity

KARACHI: Sindh Chief Minister Syed Murad Ali Shah said on Saturday that the provincial government did not introduce any new taxes in the budget...

yesterday 10

Dawn Business

Tahir Siddiqui

Aurangzeb urged to review FBR’s excessive powers

Aurangzeb urged to review FBR’s excessive powers

KARACHI: The Pak­istan Business Council (PBC) has expressed concern about the excessive powers granted to the Federal Board of Revenue (FBR),...

yesterday 20

Dawn Business

The Newspapers Staff Reporter

CDWP clears 10 development projects worth Rs36bn

CDWP clears 10 development projects worth Rs36bn

ISLAMABAD: The Central Development Working Party (CDWP) has approved nine development projects totalling Rs25.19 billion and recommended another...

yesterday 20

Dawn Business

Mubarak Zeb Khan

Second Afghan transit vessel arrives at Gwadar Port

Second Afghan transit vessel arrives at Gwadar Port

GWADAR: In another significant development regarding regional trade and transit facilities, a second cargo ship under the Afghan Transit Trade...

yesterday 30

Dawn Business

Behram Baloch

Bitcoin pioneer Michael Saylor lauds Pakistan’s crypto efforts

Bitcoin pioneer Michael Saylor lauds Pakistan’s crypto efforts

American entrepreneur Michael Saylor on Sunday lauded Pakistan’s efforts to move towards cryptocurrency and digital assets, according to a press...

yesterday 20

Dawn Business

Tahir Sherani

Equities turn bullish as ‘positive’ budget sparks value hunting

Equities turn bullish as ‘positive’ budget sparks value hunting

KARACHI: A status quo in capital gains tax (CGT) and dividend rates increased equity investor optimism, as the overall thrust of the federal budget...

yesterday 10

Dawn Business

Muhammad Kashif

NA panel okays cash withdrawal hike, rejects online sales tax

NA panel okays cash withdrawal hike, rejects online sales tax

• Tax relief for low-income salaried individuals reversed by cabinet, says FBR chief • PIA re-enters privatisation process, confirms finance...

previous day 40

Dawn Business

Mubarak Zeb Khan

KP fattens wallet for development to Rs547bn

KP fattens wallet for development to Rs547bn

PESHAWAR: The Khyber Pakhtun­k­hwa government announced an increa­sed budget for development activities in the upcoming fiscal year. Finance...

previous day 10

Dawn Business

Mohammad Ashfaq

FBR fails to expedite recovery in tax cases

FBR fails to expedite recovery in tax cases

• Focal persons didn’t coordinate with IHC, hindering progress on pending litigation • Revenue cases worth Rs4.7tr remain stuck in courts...

previous day 40

Dawn Business

Malik Asad

Sindh Budget 2025-26: No new mega uplift scheme for Karachi three years running

• Rs100m allocated for K-IV; S-III gets Rs450m in next budget • Rs8.288bn kept for nine ‘ongoing mega schemes’ in metropolis • Murad...

previous day 20

Dawn Business

Azfar-Ul-Ashfaque

Sindh unveils Rs3.45tr budget amid opposition protest

Sindh unveils Rs3.45tr budget amid opposition protest

• 12pc salary hike for BS-1 to BS-16 employees • 10pc raise for BS-17 to BS-22 officers; 8pc jump in pensions • Education sector allocation...

previous day 20

Dawn Business

Tahir Siddiqui

KP unveils tax-free budget of Rs2.12tr

KP unveils tax-free budget of Rs2.12tr

PESHAWAR: The Khyber Pakhtun­khwa government on Friday presented a Rs2.119 trillion budget for the upcoming fiscal year, featuring a record Rs547...

previous day 10

Dawn Business

Manzoor Ali

Petrol, diesel to cost more

ISLAMABAD: The pri­ces of petrol and diesel are estimated to increase by ab­­­­out Re1 and Rs5 per lit­re, respectively, for the next fortnight...

previous day 30

Dawn Business

The Newspapers Staff Reporter

‘Taxation steps to stifle growth’

‘Taxation steps to stifle growth’

KARACHI: Leaders from the trade and industry sector on Thursday expressed that the federal budget has failed to restore investor confidence or...

saturday 20

Dawn Business

Dawn Report

SBP reserves up, monetary policy on 16th

SBP reserves up, monetary policy on 16th

KARACHI: The foreign exchange reserves of the State Bank of Pakistan (SBP) increased by $167 million to $11.675 billion during the week ending June...

saturday 20

Dawn Business

The Newspapers Staff Reporter

Telco ordered to pay Rs22bn tax on towers’ sale

Telco ordered to pay Rs22bn tax on towers’ sale

ISLAMABAD: A division bench of the Islamabad High Court (IHC) has ruled in favour of the Federal Board of Revenue (FBR) in assessing tax liability...

saturday 3

Dawn Business

The Newspapers Staff Reporter

SBP set to hold policy rate as Israel-Iran conflict overshadows growth push

SBP set to hold policy rate as Israel-Iran conflict overshadows growth push

The State Bank of Pakistan (SBP) is expected to hold its policy rate on Monday, a Reuters poll showed, as many analysts shifted their previous view...

saturday 7

Dawn Business

Reuters

KP focuses on bridging infrastructure gaps

KP focuses on bridging infrastructure gaps

• Dwindling federal transfers hamper province’s plans • Spending on health and education to see substantial increase Islamabad: The Khyber Pakhtu­...

saturday 2

Dawn Business

Mubarak Zeb Khan

Automobile sales flourish in May

KARACHI: Sales of cars, sport utility vehicles, pickups and vans clocked in at 14,762 units in May, reflecting a rise of 35 per cent year-on-year...

saturday 10

Dawn Business

Aamir Shafaat Khan

Stocks falter after crossing 126,500-point barrier

Stocks falter after crossing 126,500-point barrier

KARACHI: After reac­h­­­ing an unprecedented peak above 126,500 in ear­ly trade on Thursday, the Pakistan Stock Exchange (PSX) suffered marginal...

saturday 2

Dawn Business

Muhammad Kashif

Budget 2025-26: Threat of Rs500bn tax hike if enforcement measures blocked

Budget 2025-26: Threat of Rs500bn tax hike if enforcement measures blocked

• Finance secy says revenue numbers are already locked with IMF • Income tax rate of first slab reduced to 2.5pc, not 1pc as initially printed in...

13.06.2025 6

Dawn Business

Khaleeq Kiani

Low education budget worries teachers as varsities struggle to pay salaries, pensions

Low education budget worries teachers as varsities struggle to pay salaries, pensions

ISLAMABAD: Teachers on Wednesday voiced their concerns over what they claimed was inadequate budget allocation for the higher education sectors,...

13.06.2025 2

Dawn Business

The Newspapers Staff Reporter

Legal provisions introduced to curb sales tax evasion

Legal provisions introduced to curb sales tax evasion

ISLAMABAD: The government has introduced a series of new provisions to expand sales tax registration and tighten compliance through penalties,...

13.06.2025 2

Dawn Business

Mubarak Zeb Khan

After sugar, FBR sets its sights on tobacco sector

After sugar, FBR sets its sights on tobacco sector

• Langrial says new 15pc tax rate on passive income aims to address disparity with active business earnings • Political leadership and intel...

13.06.2025 3

Dawn Business

Arsalan Ali Rao

Ginners in shock as 18pc GST retained

Ginners in shock as 18pc GST retained

LAHORE: The cotton ginning and oil mill industries across Pakistan are reeling from profound disappointment and concern following the federal...

13.06.2025 3

Dawn Business

Amjad Mahmood

Govt putting squeeze on e-commerce and the ‘non-compliant’

Govt putting squeeze on e-commerce and the ‘non-compliant’

• Rs1m fines proposed for unregistered online vendors in new Finance Bill • Banks, couriers to deduct withholding tax under new plan • Fine for...

13.06.2025 20

Dawn Business

Mubarak Zeb Khan

Pakistan gets robust inflow of $3.7bn in May

Pakistan gets robust inflow of $3.7bn in May

KARACHI: Pakistan looks set to exceed its annual remittances target of $38 billion with $3.7bn inflows in May. So far in the 11 months of the...

13.06.2025 10

Dawn Business

Shahid Iqbal

Importers hastily raise prices of solar power systems

Importers hastily raise prices of solar power systems

KARACHI: A worker at a shop arranges solar panels on Wednesday. According to Topline Securities, the country imported $2 billion worth of solar...

13.06.2025 3

Dawn Business

Aamir Shafaat Khan

KE seeks partial fuel cost benefit to consumers

KE seeks partial fuel cost benefit to consumers

ISLAMABAD: K-Electric has requested the National Electric Power Regulatory Authority (Nepra) not to pass on the full impact of a Rs4.69 per unit...

13.06.2025 10

Dawn Business

Khaleeq Kiani