CAD Gains Slightly Against PKR, Trades at 207.65 Amid Economic Volatility Karachi/Ottawa, July 19, 2025 – The Canadian Dollar (CAD) is trading at 207.65 Pakistani Rupees (PKR) in the open market today, recovering from 206.34 PKR earlier this week. Although the loonie remains below this week’s high of 208.31 PKR, it has edged up from […]
According to an official notification issued here, the government has set the ex-mill rate of sugar at Rs165 per kilogram. The Deputy Commissioner (DC) of Islamabad has directed all assistant commissioners to ensure strict compliance with the price control measures. The notification warns that any violation of the fixed rates will result in stringent legal […]
IMF Opposes Pakistan’s Sugar Subsidy Plan Amid Fiscal Concerns The International Monetary Fund (IMF) has rejected Pakistan’s plan to offer a Rs55 per kilogram subsidy on imported sugar, raising serious concerns over fiscal discipline and transparency, official sources confirmed. The proposed subsidy was intended to reduce the consumer price of imported sugar, which is expected […]
According to a document acquired by, for petrol, taxes and duties amount to Rs101.49 per litre, including a petroleum development levy (PDL) of Rs75.52 per litre, a newly introduced climate levy of Rs2.50 per litre effective July 1 (today), a freight margin of Rs6.98 per litre, an oil company margin of Rs7.87 per litre, and […]
Petrol and Kerosene Prices Increased as New Taxes Apply The Oil and Gas Regulatory Authority (OGRA) has confirmed a rise in fuel prices through a new notification. Kerosene Price Increased According to OGRA, the price of kerosene oil has gone up by Rs 15.23 per litre. The new price is Rs184.43, up from Rs169.20. Petrol […]
According to a notification issued by the Ministry of Finance, the petrol price has been increased by Rs4.80 per litre, bringing the new petrol price to Rs258.43 per litre. Similarly, the price of high-speed diesel has been raised by Rs7.95 per litre, with the new rate set at Rs262.59 per litre. This latest hike in […]
“I am also denouncing the people who created obstacles during the passage of the resolution in the Sindh Assembly against Israel,” Murad Ali Shah said in a press conference. “Regretfully, the opposition didn’t show seriousness”, he said. “Don’t know who asked them to plan this disturbance,” Sindh CM said. He said the government has allocated […]
According to sources, it is expected that Rs. 2,550 billion will be allocated for defencse in the upcoming fiscal year. The estimated increase in the defense budget could reach up to 20%, with proportional allocations planned for the three armed forces as well as inter-services departments, sources said. In the current fiscal year, Rs2,122 billion […]
According to the budget 2025-26 proposals, the salaries and pensions of the government employees are likely to be raised. However, prospects for significant tax relief for salaried individuals appear dim, as the International Monetary Fund (IMF) has reportedly objected to maintaining the current annual tax-free income threshold of Rs1.2 million. As a result, the government […]
According to official sources, the IMF is now willing to reduce income tax rates across all salary slabs. Sources revealed that the relief will be granted through amendments to Section 129 of the Income Tax Ordinance, which governs exemptions and concessions. One of the major changes under discussion includes raising the annual tax-free income threshold […]
