Day: June 1, 2026

Mr. Imran Ghaznavi has joined the Privatisation Commission as Chief Media Officer and Principal Spokesperson, assuming a key role in strategic communication and external relations. He will focus on shaping public narrative, strengthening stakeholder confidence, and supporting the country’s reform agenda through a strategic communication initiatives. With over 20 years of experience across the public and private sectors, Mr. Ghaznavi holds MS Mass Communication and MBA (Marketing) degrees with distinction, along with specialized training from the United States. He has served in senior roles at PIA, FBR, SECP, CCP, the…

KARACHI: The Management Association of Pakistan (MAP) has urged the government to introduce comprehensive structural tax reforms in the Federal Budget 2026–27, stressing the need for a stable, transparent, and investment-friendly fiscal framework to strengthen economic growth and restore investor confidence. According to MAP, Pakistan’s tax system requires urgent rationalization to reduce pressure on compliant taxpayers while expanding the tax base through documentation of the informal economy. Key proposals by MAP include: MAP emphasized that sustainable revenue generation cannot be achieved through excessive taxation of existing taxpayers alone. Instead, long-term…

Karachi: The first meeting of the Pakistan-Canada Business Council of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) was held at Federation House, bringing together Board of Directors and Executive Members to discuss strategies for enhancing bilateral trade and economic cooperation between Pakistan and Canada. The meeting focused on promoting exports and strengthening trade relations across a wide range of sectors, including textiles, leather, food products, fisheries, sports goods, construction materials, surgical instruments, energy, chemicals, and other industries. Participants emphasized the importance of exploring new business opportunities and…

ISLAMABAD (INP): The government has finalized important decisions for the upcoming federal budget, according to official sources. Sources said it has been decided not to increase sales tax on solar panels in the new fiscal year, providing relief to the renewable energy sector and consumers adopting solar technology. Similarly, the government has also decided not to raise taxes on fertilizers, a move aimed at supporting the agriculture sector and ensuring stability in input costs for farmers. In addition, officials indicated that a reduction in income tax for the salaried class…