Salaried Class Bears Bulk of Pakistan Tax Load

    By Aftab Ahmed | January 6, 2026

    Pakistan’s salaried class remained the largest contributor to national taxes during the first six months of the current fiscal year, according to official FBR data. The FBR said salaried employees paid Rs266 billion in income tax, an increase of Rs23 billion compared with the same period last year. Officials said salaried individuals pay up to…

    Pakistan Gold Rates Track Global Market Gains

    By Aftab Ahmed | January 6, 2026

    Gold prices in Pakistan rose on Tuesday, reflecting gains in international markets, with local rates increasing during the day, according to market data. In the local market, the price of gold per tola climbed to Rs467,962 after rising by Rs3,200 over the course of the day. Similarly, the price of ten gram gold increased to…

    Pakistan Seeks UAE Rollover for $3bn Loan

    By Aftab Ahmed | January 6, 2026

    The Pakistan government plans to seek a rollover of a three billion dollar loan from the United Arab Emirates, according to official sources. Prime Minister Shehbaz Sharif is expected to write to UAE President Sheikh Mohamed bin Zayed Al Nahyan, requesting rollover of three loan tranches. Sources in the Ministry of Finance said preparatory work…

    KSE-100 hits record 185,062 on banking-led surge

    By Aftab Ahmed | January 6, 2026

    The KSE-100 Index closed at a fresh all-time high, rising 2,653 points amid strong institutional buying. The KSE-100 Index concluded the trading session on a strong note, registering a fresh all-time high at 185,062 points, reflecting a gain of 2,653 points. The benchmark index remained volatile throughout the day, reaching an intraday high of 185,481…

    Pakistani Rupee Continues Gain As Dollar Weakens

    By Aftab Ahmed | January 6, 2026

    Pakistani rupee continues gain on Tuesday and closed at 280.07, appreciating by 0.01 percent against the US dollar in the inter-bank market. The Pakistani rupee had closed at 280.10 on Monday. Earlier, it gained slightly against the US dollar in early interbank trade on Tuesday. The Pakistani rupee was trading at 279.88 per dollar around…

    AGP asks FIA to halt LESCO overbilling probes

    By Aftab Ahmed | January 6, 2026

    Auditor General has called for coordination with Nepra, citing violations of mandated consumer redressal procedures. The Auditor General of Pakistan has asked the Federal Investigation Agency to refrain from initiating overbilling inquiries. It has urged prior technical validation and formal coordination with the National Electric Power Regulatory Authority and Provincial Offices of Inspection. The auditors…

    Topline expects 36% return on GlaxoSmithKline Pakistan by Dec 2026

    By Aftab Ahmed | January 6, 2026

    Topline Securities expects a 36% total return on GlaxoSmithKline Pakistan Limited by December 2026, driven by earnings recovery, margin expansion, and resumed dividend payouts. Topline has initiated its coverage on GlaxoSmithKline Pakistan Limited (GLAXO) with a BUY and Dec 2026 target price of Rs525/share, providing a total return of 36%, including a dividend yield of…

    Govt plans used phone import ban under policy 2026

    By Aftab Ahmed | January 5, 2026

    The government is set to impose a ban on the import of used mobile phones in the new Mobile and Electric Devices Manufacturing policy 2026 in order to encourage local mobile phone manufacturing. The government has targeted a Rs 103 billion rebate on the export of mobile phones by allowing fixed and non-discretionary 8 percent…

    Minister launches Mahi Dost App to transform fisheries

    By Aftab Ahmed | January 5, 2026

    Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry on Monday inaugurated Pakistan’s first Fishing Technology Museum and soft launched the Mahi-Dost digital traceability app, aimed at promoting sustainable fisheries management and boosting export competitiveness. Located in Karachi, the museum traces the evolution of fishing practices, from traditional artisanal methods to advanced modern technologies, positioning…

    Petroleum Minister reviews Winter Load Management 2026

    By Aftab Ahmed | January 5, 2026

    Petroleum Minister reviews Winter Load Managment 2026 and appreciates SUIs for proactive efforts to provide relief to domestic consumers. Federal Minister for Petroleum Ali Pervaiz Malik chaired a meeting to review the gas supply situation, winter load management, & consumer complaint redressal across the country. OGRA audit report on compliance with Service Standards for complaint…