Business News | PSX | News Updates from Pakistan Economy

US and Iran conclude Switzerland talks, agree on 60-day roadmap towards final deal

The first round of talks between high-ranking US and Iranian officials in Switzerland ended Monday, mediators said, after a tense opening marked by Tehran's announcement it had again closed the Strait of Hormuz and US…

June 22, 2026
Published in Business

Petrol, diesel prices still carry 29% tax despite cut: sources

Taxes continue to account for 29% of the prices of both petrol and diesel despite the government’s latest reduction in fuel rates.

June 21, 2026
Published in Business

Oil rises as uncertainty mounts over lasting US-Iran truce

Oil prices rose on Friday as the prospect of a lasting truce between the US and ‌Iran was clouded after peace talks in Switzerland were called off and as Israel stepped up attacks on Lebanon.

June 19, 2026
Published in Business

Minister for Petroleum Ali Pervaiz Malik

PM directs to pass on benefits of declining oil prices to people immediately: Ali Pervaiz

Prime Minister Shehbaz Sharif has directed to pass on the benefits of declining oil prices in the global market to the people immediately.

June 18, 2026
Published in Business

Finance minister signals phased withdrawal of controversial super tax

Finance Minister Muhammad Aurangzeb signaled on Monday a phased withdrawal of the controversial corporate “super tax,” while expressing confidence that deep-seated economic reforms would drive further capital market growth in the coming fiscal year.

June 15, 2026
Published in Business

SBP maintains policy rate at 11.5% as US-Iran deal cools inflation fears

The State Bank of Pakistan's Monetary Policy Committee (MPC) on Monday left its benchmark policy rate unchanged at 11.5%, noting a recent decline in global oil prices following a US-Iran deal.

June 15, 2026
Published in Business

Govt proposes 7% salary, pension hike in FY2026-27 budget

The federal government has proposed a 7% increase in the salaries of public sector employees in the federal budget for fiscal year 2026–27.

June 12, 2026
Published in Business

People-friendly Rs18.7 trillion Federal Budget unveiled, focusing on economic growth, tax relief

Finance Minister Muhammad Aurangzeb on Friday presented a budget with a total outlay of Rs18,771 billion as the federal government tries to balance a fragile economic situation due to an energy crisis amid the Middle…

June 12, 2026
Published in Business

Minister for Finance and Revenue, Senator Muhammad Aurangzeb

Govt proposes tax relief across four slabs for salaried individuals in FY2026-27 budget

The federal government on Friday proposed income tax relief in four slabs for salaried individuals and the abolition of surcharge on the salaried class as Finance Minister Senator Muhammad Aurangzeb presented the budget for fiscal…

June 12, 2026
Published in Business

Pakistan Economic Survey 2025-26: GDP growth recorded at 3.7% amid challenges

Finance Minister Muhammad Aurangzeb says Pakistan's economy demonstrated resilience with GDP growth rate recorded at 3.7 percent during the current financial year despite internal and external challenges.

June 11, 2026
Published in Business

Govt revises National Savings profit rates, adjusts withholding tax

The government has revised the profit rates on its National Savings Schemes (NSS), according to an official notification, while adjusting withholding tax rates for both tax filers and non-filers.

June 10, 2026
Published in Business

Gold prices surge in Pakistan tracking global rally

Gold prices in Pakistan rebounded sharply on Tuesday after a three-day hiatus, with the price of 24-karat gold climbing by Rs2,830 per tola to reach Rs455,063 in the local market.

June 9, 2026
Published in Business

Govt announces 'fixed tax scheme' for small traders

The federal government on Friday introduced a fixed tax scheme for small shop owners as part of its ongoing efforts to expand tax collection and document the economy.

June 5, 2026
Published in Business

Aurangzeb lauds World Bank Group’s continued partnership with Pakistan

Finance Minister Muhammad Aurangzeb has reaffirmed Pakistan’s commitment to advancing reforms that strengthen human capital, improve social outcomes, expand employment opportunities and support inclusive and sustainable economic growth.

June 3, 2026
Published in Business

US and Iran conclude Switzerland talks, agree on 60-day roadmap towards final deal

Petrol, diesel prices still carry 29% tax despite cut: sources

Oil rises as uncertainty mounts over lasting US-Iran truce

PM directs to pass on benefits of declining oil prices to people immediately: Ali Pervaiz

Finance minister signals phased withdrawal of controversial super tax

SBP maintains policy rate at 11.5% as US-Iran deal cools inflation fears

Govt proposes 7% salary, pension hike in FY2026-27 budget

People-friendly Rs18.7 trillion Federal Budget unveiled, focusing on economic growth, tax relief

Govt proposes tax relief across four slabs for salaried individuals in FY2026-27 budget

Pakistan Economic Survey 2025-26: GDP growth recorded at 3.7% amid challenges

Govt revises National Savings profit rates, adjusts withholding tax

Gold prices surge in Pakistan tracking global rally

Govt announces 'fixed tax scheme' for small traders

Aurangzeb lauds World Bank Group’s continued partnership with Pakistan

Latest News

Pakistan, Qatar helped bring Lebanon war to an end: Araghchi

PM Shehbaz reaffirms Pakistan’s role in peaceful resolution of global issues

US and Iran conclude Switzerland talks, agree on 60-day roadmap towards final deal