Business

E-commerce Platforms in Pakistan Face New Tax Regime

New tax regime for e-commerce in Pakistan

Web Desk: The fiscal year 2025-26 is expected to be challenging for ‘e-commerce platforms in Pakistan’ as the government has introduced a new tax regime. Online sellers, courier companies and international companies have shown serious concerns about their future operations in the country. New Tax Regime for E-Commerce Businesses in Pakistan 18% General Sales Tax (GST) will now apply to …

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Microsoft Shuts Business in Pakistan; Raises Serious Questions

Microsoft wraps up business in Pakistan

Date: July 4, 2025 | By: NewsMakers Web Desk In a move that has sent shockwaves through Pakistan’s tech and business communities, global tech giant Microsoft has officially ceased operations in Pakistan, ending its 25-year presence in the country. The development comes amid a fresh round of global layoffs by the company, but insiders say the closure of Microsoft Pakistan …

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Honda Motorcycle Prices Hiked in Pakistan | New Updated Prices

Honda Atlas increase Motorcycle prices

Date: July 1, 2025 | NewsMakers Web Desk The first sunrise of July 2025 has brought yet another wave of inflation for Pakistani motorcycle buyers. Honda Atlas Limited — one of Pakistan’s largest motorcycle manufacturers — has officially increased prices all Honda Motorcycles’ range, with hikes ranging from Rs2,000 to Rs6,000 per unit. The reason? New taxes introduced in the …

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Pakistan’s Edible Oil Industry In Crisis Amid Dollar Shortage

Edible oil crisis in Pakistan due to dollar shortage

Date: June 28, 2025 | NewsMakers Web Desk Pakistan’s edible oil industry is on the verge of a major crisis due to a severe shortage of US dollars in commercial banks, which is causing significant delays in the clearance of import documents for vital oil shipments. The warning comes from Sheikh Umer Rehan, Chairman of the Pakistan Vanaspati Manufacturers Association …

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Atlas Honda’s Electric Scooter to Run On Pakistani Roads Soon

Honda Atlas electric scooter for Pakistan

By: NewsMakers Web Desk | Friday, June 27, 2025 Atlas Honda’s decision to launch an electric scooter for the Pakistani market within the current fiscal year marks more than just a product release. The decision, if materialises, will be a a major turning point in Pakistan’s economic and environmental strategy. The announcement comes at a critical juncture. With global fuel …

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Pakistan Budget 2025-26: Tax Relief for Real Estate, Salaried Class, Corporate Sector

Pakistan's federal budget 2025-26, tax relief details

Date: June 11, 2025 | By: NewsMakers Economic Desk The federal government of Pakistan has presented the Budget 2025-26, introducing a series of tax relief measures aimed at stimulating business activity and providing financial ease to different sectors of economy, especially real estate, salaried individuals, and the corporate sector. The budget also addresses the issue of brain drain by incentivizing …

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HONOR 400 & 400 Pro Launched; Amazing Features & Price in UAE

Honor 400 Specs, price

Web Desk: HONOR has launched its new 400 and 400 Pro smartphones, offering flagship-level features at mid-range prices. The highlight is a 200MP Ultra-Clear AI camera, with the Pro model adding a 50MP telephoto lens and up to 50x AI Super Zoom for detailed photography. AI-powered tools like AI Portrait Snap, Image-to-Video, Erase Passers-by, and AI Upscale enhance creativity and …

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No Budget Surprises – Urge Tax Relief, Export Push; Business Community Warns Govt

Business community demands no new taxes in budget

Date: 31 May 2025 | By: NewsMakers Desk Top business groups have urged the government to deliver a predictable and growth-friendly budget, avoiding surprise taxes while focusing on export-led economic revival and relief for the salaried persons. Key Demands from Business Leaders: Tax relief for salaried individuals, including a cut in the 18% GST, which they say encourages evasion. Gradual …

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Pakistan’s First State-Backed Bitcoin Reserve

Pakistan's Bitcoin reserve

Date: May 29, 2025 | By: NewsMakers Desk . A Digital Leap That Positions Pakistan at the Forefront of Financial Innovation The Big Announcement In a groundbreaking moment that’s making global headlines, Pakistan has officially announced its first state-backed Bitcoin reserve, becoming the first developing country to do so. The declaration was made by Bilal Bin Saqib, the Special Assistant …

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Pakistan Emerges as Leader in Global Crypto Space: PCC CEO

Pakistan's Bitcoin reserve

Web Desk: Pakistan is rising as a leader in the global cryptocurrency landscape, setting trends rather than following them, said Bilal Bin Saqib, Chief Executive Officer of the Pakistan Crypto Council (PCC). Saqib told a private news channel about growing international interest in Pakistan’s digital finance potential. “For the first time, we’re not lagging—we’re shaping the future of digital currency,” …

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