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Category: General

Pakistan’s Inflation Rate Expected to Drop to Nine-Year Low

Karachi: Pakistan’s inflation rate is projected to decrease to 1.9% year-on-year by February 2025, marking the lowest level in over nine years, driven by deflation in key sectors such as food, housing, and transport.

According to a statement by AKD …

Sindh High Court Upholds Windfall Tax on Banks

Karachi: The Sindh High Court has upheld the legality of Section 99D of the Finance Bill 2023, dismissing petitions from commercial banks that challenged the windfall tax. This decision allows the Federal Board of Revenue (FBR) to enforce the tax, lea…