The taxpayers of Pakistan have started feeling the aftershocks of the Finance Act 2025, which came into effect from July 1, 2025. The federal government has set an ambitious revenue target of Rs19.278 trillion for fiscal year 2025-26, from which the tax revenue target is Rs14.131 trillion. This marks a significant jump compared to the revised target of Rs11.9 trillion for fiscal year 2024-25. T
Gold prices climbed further on Monday in both international and domestic markets, continuing an upward trend that has persisted for several sessions. According to market reports, the international bullion rate increased by $16, bringing the price of gold to $3,372 per ounce. Spot gold was up 0.4% at $3,367.51 per ounce, after hitting its highest level since June 23 earlier in the session.
Bitcoin scaled a record high of $122,571.19, before pulling back slightly to last trade 2.4% higher at $121,952.61. Later in the day, the US House of Representatives will debate a series of bills to provide the digital asset industry with the nation's regulatory framework it has long demanded. Those demands have resonated with US President Donald Trump, who has called himself the "crypto pre
THE call for a nationwide strike on July 19 by leading trade associations against tax enforcement and compliance measures introduced in the FY26 budget highlights strong resistance from the trading class to become part of the documented economy and pay their due. The call is backed by major chambers of commerce and industry, as well as other leading trade bodies. For what it’s worth, the Federa
Emboldened by a marked improvement in key economic indicators, apart from GDP growth, the country’s leadership now signals a shift from crisis management toward transformative growth. Both Finance Minister Muhammad Aurangzeb and State Bank of Pakistan (SBP) Governor Jameel Ahmed have recently talked about the transformation of the Pakistani economy as their next goal. While macroeconomic indica