FBR Collects Rs. 44 Billion in Income Tax from Salaried Class in July 2026 Despite Tax Rate Cuts 🇵🇰📊 Pakistan’s Federal Board of Revenue (FBR) collected a record Rs. 44 Billion in withholding income tax from the salaried class during July 2026—the opening month of the fiscal year 2026–27. Notably, this revenue growth occurred despite…
Commercial Banks Demand One-Window Housing Plan to Accelerate Low-Cost Mortgages 🇵🇰🏡 In a major development aimed at simplifying housing finance and home loans across Pakistan, 25 leading commercial banks have urged the establishment of a one-window documentation facility at urban development authorities—such as the Rawalpindi Development Authority (RDA). During a high-level consultative session chaired by…
In a major development aimed at simplifying housing finance and home loans across Pakistan, 25 leading commercial banks have urged the establishment of a one-window documentation facility at urban development authorities—such as the Rawalpindi Development Authority (RDA). During a high-level consultative session chaired by the State Bank of Pakistan (SBP), financial institutions, real estate developers,…
The All Pakistan Goods Transporters Alliance and regional freight associations across the country have officially launched a nationwide, indefinite wheel-jam strike. Heavy transport vehicles—including cargo trucks, multi-axle trailers, container carriers, and oil tankers—have halted freight operations across major industrial hubs and transit routes. With negotiations between transport leaders and federal communications officials remaining unresolved, the…
The signing of the historic Makkah Joint Defence Agreement by Pakistan, Saudi Arabia, and Türkiye marks a monumental shift in regional geopolitics. While the core objective of this trilateral pact centers on collective deterrence and mutual defense—treating an attack on one as an attack on all—geopolitical analysts and economists recognize its far-reaching economic ramifications. Defense…
Across developing economies, macroeconomic stabilization programs under the International Monetary Fund (IMF) mandate strict fiscal discipline. In Pakistan, these adjustments primarily manifest as broad-based sales tax hikes, reduced public subsidies, and state-level austerity measures that heavily impact everyday consumers. However, ongoing public and economic debates highlight a sharp contrast: while the general population shoulders the…
