Chancellor Rachel Reeves is reportedly weighing an increase in income tax to fill a £30bn fiscal gap — a move that could break Labour’s key manifesto pledge. Treasury sources say …
fiscal policy
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The Pakistan Stock Exchange witnessed a sharp rally as the federal budget for FY2025–26 reassured investors with pro-equity tax measures and IMF-aligned fiscal targets. The KSE-100 Index surged over 2,100 …
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BusinessTop Trending News
Budget FY26: NEC To Meet On June 5; NA, Senate Sessions Called On June 10
by Hamza Irshadby Hamza IrshadPM calls NCC meeting on June 5, ahead of the National Assembly and Senate sessions on June 10, for the presentation of Budget 2025-26.
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The federal government has postponed the presentation of Budget 2025-26 to June 10 due to ongoing negotiations with the IMF. Key fiscal targets remain unresolved as Pakistan seeks to balance …
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Business
Pakistan Receives $1.023 Billion from IMF as Second Tranche Under EFF Programme
by Web Deskby Web DeskThe State Bank of Pakistan confirmed the receipt of $1.023 billion from the IMF as the second tranche under the Extended Fund Facility. The development comes amid regional tensions, with …
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Pakistan’s Economy Stabilising, But Growth Remains Fragile: World Bank, IMF
by Web Deskby Web DeskThe World Bank and IMF have offered cautious optimism about Pakistan’s economic recovery, with growth projections for FY2025 hovering around 2.6–2.7%. Stabilisation efforts are showing results, but structural reforms and …
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Lahore, April 17: In a political move that’s catching everyone off guard, the federal government is reportedly gearing up to unveil the 2024–25 budget earlier than expected and yes, possibly …
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Business
Government Eyes Lower Corporate Tax for FY26 – What It Means for Businesses
by Umar Sohailby Umar SohailAmid budget planning for FY26, the government is reportedly mulling a reduction in the corporate tax rate. This move could provide vital relief to the business community, spur investments, and …