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The Herald Today

28 July 2025

Business

K-Electric teams up with Huawei for innovative energy technologies
K-Electric teams up with Huawei for innovative energy technologies

K-Electric and Huawei Join Forces for Energy Innovation K-Electric (KE) and K-Solar, its fully owned subsidiary, have formalized a collaborative...

By News-Editor | June 18, 2025 | Category: Business, Tech

Provinces retain digital sales tax, solar GST lowered to 10%: Dar
Provinces retain digital sales tax, solar GST lowered to 10%: Dar

Key Budgetary Revisions Announced by Deputy Prime Minister Ishaq Dar Deputy Prime Minister and Foreign Minister Senator Muhammad Ishaq Dar...

By News-Editor | June 18, 2025 | Category: Business, Latest

PM Shehbaz: IMF Agrees to Exempt Pakistan’s Agriculture Sector from New Taxes
PM Shehbaz: IMF Agrees to Exempt Pakistan’s Agriculture Sector from New Taxes

Prime Minister Shehbaz Sharif has announced a significant development for Pakistan’s agricultural sector, stating that the International Monetary Fund (IMF)...

By Web Desk | June 18, 2025 | Category: Breaking News, Business, Latest

Sindh’s Tax Imbalance: Vehicle Registrations Outpace Agriculture Income Tax Revenue
Sindh’s Tax Imbalance: Vehicle Registrations Outpace Agriculture Income Tax Revenue

A recent fiscal projection from the Sindh government reveals a significant and long-standing imbalance in its tax collection, showing that...

By Web Desk | June 18, 2025 | Category: Business, Latest

Pakistan Budget 2025-26: Lawmakers Reject Solar Panel Tax, Advocate for Small Car Relief
Pakistan Budget 2025-26: Lawmakers Reject Solar Panel Tax, Advocate for Small Car Relief

In a rare display of parliamentary unity, Pakistani lawmakers have strongly rejected the proposed 18 percent sales tax on imported...

By Web Desk | June 18, 2025 | Category: Business, Latest

GST Hike Threatens Pakistan’s Auto Sales & Industry Jobs
GST Hike Threatens Pakistan’s Auto Sales & Industry Jobs

Pak Suzuki Motor Company has issued a strong warning to the government regarding the potential impact of a proposed increase...

By Web Desk | June 18, 2025 | Category: Business, Latest

FPCCI Slams Law Allowing Arrest of Businessmen: A Threat to Pakistan’s Economy
FPCCI Slams Law Allowing Arrest of Businessmen: A Threat to Pakistan’s Economy

The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has strongly condemned a law that allows for the arrest...

By Web Desk | June 18, 2025 | Category: Business, Latest

Careem to Cease Ride-Hailing Services in Pakistan: What It Means for Users
Careem to Cease Ride-Hailing Services in Pakistan: What It Means for Users

Careem, a popular ride-hailing service, has announced that it will cease operations in Pakistan from next month. This decision marks...

By Web Desk | June 18, 2025 | Category: Business, Latest

Pakistan gold rate drops: Tola price slumps by Rs2,245
Pakistan gold rate drops: Tola price slumps by Rs2,245

Gold Prices Decline in Pakistan On Wednesday, gold rates in Pakistan experienced a downturn, mirroring the trends observed in the...

By News-Editor | June 18, 2025 | Category: Business, Latest

TDAP, PPMA Collaborate to Launch PHARMEX for Boosting Pharma Exports
TDAP, PPMA Collaborate to Launch PHARMEX for Boosting Pharma Exports

KARACHI: The Trade Development Authority of Pakistan (TDAP) and the Pakistan Pharmaceutical Manufacturers Association (PPMA) have moved forward with plans...

By News-Editor | June 18, 2025 | Category: Breaking News, Business

Careem ceases ride-hailing operations in Pakistan, citing tough economy
Careem ceases ride-hailing operations in Pakistan, citing tough economy

Careem to Suspend Ride-Hailing Services in Pakistan Careem will cease its ride-hailing operations in Pakistan starting July 18, as announced...

By News-Editor | June 18, 2025 | Category: Business, Latest, Tech

Pakistan’s draft Tariff Policy targets removal of RDs, ACDs within 5 years
Pakistan’s draft Tariff Policy targets removal of RDs, ACDs within 5 years

Federal Government Introduces National Tariff Policy Draft for 2025-30 The federal government presented the draft of the National Tariff Policy...

By News-Editor | June 18, 2025 | Category: Business, Latest

Figures Reveal: Sindh’s Farmers Invest Heavily in Vehicle Registration, Lightly in Income Tax
Figures Reveal: Sindh’s Farmers Invest Heavily in Vehicle Registration, Lightly in Income Tax

Sindh’s Motor Vehicle Revenue Exceeds Agriculture Income Tax The Sindh government anticipates collecting Rs9.35 billion in motor vehicle registration charges...

By News-Editor | June 18, 2025 | Category: Business, Latest

Figures Reveal: Sindh Farmers Invest Heavily in Vehicles, Pay Lower Income Tax
Figures Reveal: Sindh Farmers Invest Heavily in Vehicles, Pay Lower Income Tax

Sindh’s Motor Vehicle Fees Outpace Agriculture Income Tax The Sindh government anticipates collecting Rs9.35 billion in motor vehicle registration charges...

By News-Editor | June 18, 2025 | Category: Business, Latest

Raqami Islamic Bank and Haball Partner to Deliver Shariah-Compliant Embedded Finance to Pakistani SMEs
Raqami Islamic Bank and Haball Partner to Deliver Shariah-Compliant Embedded Finance to Pakistani SMEs

Raqami Islamic Digital Bank Partners with Haball to Empower SMEs KARACHI: In a significant advancement for Pakistan’s digital financial landscape,...

By News-Editor | June 18, 2025 | Category: Business, Latest, Tech

Vehicle Registration to Yield Double Revenue for Sindh Compared to Agriculture
Vehicle Registration to Yield Double Revenue for Sindh Compared to Agriculture

Sindh’s Revenue Disparity: Vehicle Fees Outpace Agriculture Tax The Sindh government’s fiscal outlook reveals a projected collection of Rs9.35 billion...

By News-Editor | June 18, 2025 | Category: Business, Latest

Bourse Faces Selling Pressure; KSE-100 Index Drops by 1,000+ Points
Bourse Faces Selling Pressure; KSE-100 Index Drops by 1,000+ Points

Bearish Trend Grips Pakistan Stock Exchange The Pakistan Stock Exchange (PSX) experienced a downturn as the KSE-100 Index shed over...

By News-Editor | June 18, 2025 | Category: Business, Latest, World

Interloop of Pakistan Broadens Global Reach by Acquiring Bonnie Doon Brand
Interloop of Pakistan Broadens Global Reach by Acquiring Bonnie Doon Brand

Textile Hub B.V. Acquires Global Rights to Bonnie Doon Brand Textile Hub B.V., an affiliate of Interloop Limited, a prominent...

By News-Editor | June 18, 2025 | Category: Business, Latest

KSE-100 Plunges as Selling Pressure Grips Stock Exchange, down by 450 points
KSE-100 Plunges as Selling Pressure Grips Stock Exchange, down by 450 points

PSX Faces Bearish Trend, KSE-100 Index Declines The Pakistan Stock Exchange (PSX) experienced a downturn as trading commenced on Wednesday,...

By News-Editor | June 18, 2025 | Category: Business, Latest, World

K-Electric Plans Rs3bn Sukuk Offering via Public Subscription
K-Electric Plans Rs3bn Sukuk Offering via Public Subscription

K-Electric to Launch Public Sukuk Offering K-Electric Limited, the nation’s only fully integrated electricity provider, intends to introduce Sukuk through...

By News-Editor | June 18, 2025 | Category: Business, Latest