Govt Weighs Higher Taxes on Fertilisers, Pesticides in FY26 Budget to Meet Revenue Goals
The federal government is considering revisions to its taxation policy on agricultural inputs in the upcoming 2025–26 budget, including a potential increase in the excise duty on fertilisers from 5% to 10%, along with the introduction of a new 5% tax on pesticides. The move is aimed at supporting the government’s revenue target of Rs14.3 […]
Govt Considers Doubling Fertilizer Excise Duty, Introducing New Tax on Pesticides in FY26 Budget
The federal government is evaluating proposals to increase taxes on key agricultural inputs as part of its upcoming 2025–26 federal budget, including plans to double the existing excise duty on fertilisers and introduce a new tax on pesticides, The Express Tribune reported, citing senior tax officials. The current 5% Federal Excise Duty (FED) on fertilisers […]
Rupee Posts Marginal Gain Against US Dollar in Early Trading
The Pakistani rupee showed a slight appreciation against the US dollar during intra-day trading on Thursday, gaining 0.04% in the inter-bank market. By 10 a.m., the rupee was trading at 281.35, an increase of Re0.12 from the previous day’s closing rate of 281.47. The minor uptick in the rupee’s value comes amid a relatively stable […]
“Iron Brothers Through Time”: Pakistan, China Mark 74 Years of Diplomatic Relations with Photo Exhibition in Beijing
To commemorate 74 years of diplomatic relations between Pakistan and China, and the 10th anniversary of President Xi Jinping’s historic 2015 visit to Pakistan, the Embassy of Pakistan in Beijing inaugurated a special photo exhibition on Tuesday titled “Iron Brothers Through Time: Chronicles of Pakistan-China Friendship.” Ambassador Khalil Hashmi, delivering the keynote address, described the […]
Pakistan, China Strengthen Academic Collaboration with Visit from Northwest A&F University Delegation
In a significant step toward deepening educational and research ties between Pakistan and China, the Higher Education Commission (HEC) of Pakistan welcomed a high-level academic delegation from Northwest A&F University, China. The delegation was led by Professor Dr. Lixin Zhang, Chairman of the Silkroad Biohealth Agricultural Industrial Alliance. The visit marks a key milestone in […]
Faisalabad Police Tighten Security for Chinese Nationals Amid Industrial Growth
In a bid to bolster the safety of Chinese nationals working in Pakistan, Faisalabad City Police Officer (CPO) Sahibzada Bilal Umar has directed enhanced security measures in key industrial zones, particularly within the Faisalabad Industrial Estate Development & Management Company (FIEDMC) area, where several Chinese-led projects are active. During a high-level security meeting held at […]
Govt Approves Rs. 200 Million for Gwadar Smart Sanitation and Waste Management Project
Under the China-Pakistan Economic Corridor (CPEC) framework, the government of Pakistan has allocated Rs. 200 million for the first phase of the Gwadar Smart Environment Sanitation System and Landfill Project. Approved under the Public Sector Development Programme (PSDP) and endorsed by the Central Development Working Party (CDWP), the project aims to lay the foundation for […]
Pakistan, China Strengthen Academic and Technological Ties Under BRI Framework
In a major boost to Pakistan-China academic and technological ties, two prominent Pakistani universities—National University of Sciences and Technology (NUST) and the University of Sargodha (UoS)—hosted high-level Chinese delegations this week. The engagements focused on advancing green innovation, clean energy, and vocational training under the broader framework of the Belt and Road Initiative (BRI), according […]
Mohmand Dam Hydropower Project Achieves Major Excavation Milestone
Pakistan’s flagship Mohmand Dam Hydropower Project has reached a significant milestone with the successful completion of powerhouse main slope excavation and associated support works. This crucial advancement now clears the path for the commencement of full-scale construction of the concrete powerhouse structure, a central component of the hydropower project. According to Gwadar Pro, the excavation […]
China, Pakistan Ink MoU to Develop 150 MW Wind Energy Projects
Chinese and Pakistani firms have signed a Memorandum of Understanding (MoU) to jointly develop 150 megawatts of wind energy projects, Gwadar Pro reported Tuesday. The agreement was signed between Pakistan’s Reon Energy Ltd. and China’s SANY Renewable Energy Ltd., marking a strategic partnership to boost renewable energy deployment in the commercial and industrial (C&I) sectors […]