By NewzTodays Editorial Team | October 15, 2025

The current prices of DAP in Pakistan amounts to Rs Rs 14,690 per bag. DAP prices in Pakistan had jumped up 17.1% during the period of July 2024 and July 2025. Its international price had witnessed a hike of 34.7%. The price of DAP in domestic market surged from Rs11,352 per 50 kg bag in…

By NewzTodays Editorial Team | February 15, 2023

The tobacco industry says that the recent increase in taxes for tax-paying tobacco companies will help the already large number of illegal cigarette makers in Pakistan. A spokeswoman for Philip Morris Pakistan Ltd. said that the proposed unprecedented tax hike for the tax-paying tobacco companies will effectively favor the already vast illicit cigarette manufacturers in…

By NewzTodays Editorial Team | January 12, 2023

Right after Saudi Arabia, the United Arab Emirates (UAE) stepped in to save Pakistan by agreeing to rollover the existing $2 billion loan and giving an extra $1 billion loan. United Arab Emirates concurred at a meeting between Prime Minister Shahbaz Sharif and the UAE President (UAE). The UAE President decided to renew the existing…

By NewzTodays Editorial Team | August 18, 2022

ISLAMABAD, August 18: The Securities and Exchange Commission of Pakistan (SECP) has introduced registration regime for digital-only insurers and dedicated microinsurers. This will promote digitalization and improve customer convenience through instant provision of services. In this regard, amendments to the Insurance Rules, 2017 have been notified vide SRO 1513(I)/2022. The new framework is aimed at…

By NewzTodays Editorial Team | August 5, 2022

Peshawar- On August 3 and 4, U.S. Ambassador Donald Blome visited Khyber Pakhtunkhwa (KP) to highlight the U.S. government’s extensive economic and development assistance, which has benefited Khyber Pakhtunkhwa residents over the past 75 years of bilateral relations. Ambassador Blome met with Chief Minister Mahmood Khan during his trip and emphasized the United States’ desire…

By NewzTodays Editorial Team | June 10, 2022

Nearly half of Pakistan’s budget will go to paying interest on domestic and foreign debt totalling Rs 3.9 trillion in the upcoming fiscal year 2022-23. In the current fiscal year, the government has allocated Rs 3.059 trillion for mark-up payments on domestic and foreign debt. According to revised estimates, actual payments amounted to Rs 3.143 trillion…

By NewzTodays Editorial Team | May 31, 2022

The HEVs are an immediate solution as they can consume less foreign exchange and reduce CO2 and Oil import bills while there will be no infrastructure investment, said Ali Asghar Jamali, CEO of IMC. Some other advantages of HEVs include cleaner emissions as compared to the internal combustion engines as the hybrid cars employ both electric…

By NewzTodays Editorial Team | May 30, 2022

The cigarette makers have called for an increase in advance tax in the next fiscal year’s budget to curtail illicit trade.   It will also help to discourage sales by unregistered cigarette brands.   They have demanded in their budget proposals submitted to the Federal Board of Revenue (FBR).   Three major key players in…

By NewzTodays Editorial Team | May 18, 2022

As the talks start in Doha, the new government will try to convince IMF over subsidies amid the recent political crisis.   Earlier, Pakistan had committed to increasing oil prices to avail IMF program.   But prime minister Shahbaz Sharif had refused to increase oil prices due to possible political backlash.   Now, allies of…

By NewzTodays Editorial Team | May 17, 2022

The international players have demanded that government authorities finalize a plan of cryptocurrency regularization to check capital flight. One of the key international players in the field – RAIN, the first licensed crypto-asset company, has suggested that the government tax crypto assets and formulate regulations in this regard. “No country or individual can remain away…