The government of Pakistan is planning significant income tax cuts for salaried individuals and companies as part of the upcoming fiscal budget, with discussions currently underway with the International Monetary Fund (IMF). According to official proposals shared with the IMF, the government aims to provide relief to taxpayers by lowering income tax rates across multiple…
A new study by the Competition Commission of Pakistan has highlighted the need for major reforms in Pakistan’s cement industry, focusing on tax structure, logistics, energy pricing, and mineral sector development. The report aims to improve competition, reduce market distortions, and support long-term industrial growth. According to the study, the cement sector plays a vital…
Pakistan is set to receive approximately $1.2 billion from the International Monetary Fund (IMF) as the country continues to show progress in implementing key economic reforms. The disbursement includes $1 billion under the Extended Fund Facility (EFF) and an additional $210 million through the Resilience and Sustainability Facility (RSF), pending final approval from the IMF…
