Business

ISLAMABAD (Kashmir English): The federal government is set to introduce sweeping reforms in the automobile sector under its upcoming five-year auto policy. This policy includes the elimination of duties on imported vehicles to make cars more affordable and boost competition. The draft of the policy will be shared with the IMF for its approval and then

ISLAMABAD (Kashmir English): The first truck carrying transit goods from Kyrgyzstan has reached Pakistan’s Sost Dry Port, the first such movement by any Commonwealth of Independent States (CIS) country through its own transport. According to details, this important development was made possible by the National Logistics Corporation’s (NLC) partner company in Kyrgyzstan. 🚨 نیا تجارتی

ISLAMABAD (Kashmir English): Pakistan has received another $1 billion in funds from Saudi Arabia, which is expected to improve the country’s foreign exchange reserves. The State Bank of Pakistan confirmed the receipt of $1 billion in funds from the Saudi Ministry of Finance, saying that this amount is the second installment of the $3 billion deposit

ISLAMABAD (Kashmir English): The tax authorities in Pakistan have received orders to provide builders and developers with withholding tax exemption certificates within seven days after the developers have paid their taxes according to the special tax regime. The Federal Board of Revenue (FBR) issued Circular No. 08 of 2025-26 (IR-Policy – Income Tax) to explain

ISLAMABAD (Kashmir English): Despite the fluctuations in petroleum products, inflation has caused continuing upward pressure on the price of petroleum products and thus resulted in a significant increase in the wholesale price of ghee and cooking oil. The All Pakistan General Store Association and other grocery stores indicate that the price for premium ghee and cooking

KARACHI (Kashmir English): High-level talks between Pakistan and Qatar for the supply of at least 4 cargoes of liquefied natural gas (LNG) have entered the final stages, which could potentially reach Pakistan via the Strait of Hormuz. According to media reports, due to a power shortage, the Power Division has made a formal request to