Beyond The Time News

When Tax Rates Backfire in Pakistan: Higher Taxes Shrink Revenue, Experts Warn

Islamabad: Pakistan’s repeated attempts to raise tax revenue through higher rates are producing mixed and often counterproductive results, as growing evidence suggests that excessive taxation can shrink the tax base instead of expanding government earnings. According to Beyond Time News, recent fiscal measures in Pakistan show how aggressive tax policies can reduce compliance, encourage avoidance,…

Pakistan Launches InvestPak Portal, Allowing Investment in Government Securities from Rs5,000

Karachi: Pakistan has launched the InvestPak Portal, giving people a simple way to invest in government securities online. According to Beyond Time News, Finance Minister Muhammad Aurangzeb introduced the platform in Karachi on Monday. He said the initiative will expand investment opportunities and support digital finance. Anyone can start with Rs5,000 The State Bank of…

Pakistan’s Provincial Infrastructure Cess Raises Concerns Over Internal Trade Barriers and Economic Growth

Islamabad: Pakistan’s efforts to attract investment, increase exports, and strengthen industrial growth may be facing an unexpected obstacle from within its own borders. A growing number of provinces are expanding infrastructure development cess regimes, prompting concerns that these levies are creating internal trade barriers that increase business costs and challenge the constitutional principle of free…

Pakistan Power Sector Reforms Reduce Inefficiencies by 45%, Eyes $2.5 Billion Turkish Investment

Islamabad: Pakistan’s energy sector has undergone major structural changes that have reduced inefficiencies in electricity distribution by more than 45% over the past two years, according to the Federal Minister for Energy, Sardar Awais Ahmad Khan Leghari. According to Beyond Time News, the government is now inviting foreign investors, particularly from Turkiye, to participate in…

World Bank Report Reveals Huge Spending Gap Between Pakistan’s Big Cities and Districts

Islamabad: Public spending in Pakistan remains heavily concentrated in major cities, with provincial capitals receiving significantly more resources than other districts, according to a new World Bank report on fiscal federalism. The report highlights major gaps in per capita government spending across provinces, raising concerns about inequality in development, public services and long-term economic balance….

CropLife Pakistan Urges Renewal of GM Maize Licences to Boost Agricultural Productivity

Islamabad: CropLife Pakistan has urged the government to renew commercial licences for genetically modified (GM) maize, warning that further delays could slow agricultural innovation and limit farmers’ access to modern crop technology. According to Beyond Time News, the industry body believes the renewal of GM maize licences would help improve crop productivity, strengthen farm incomes…

Pakistan Expands Apna Ghar Scheme as NBFCs Join Affordable Housing Finance Programme

Islamabad: The federal government has expanded the Prime Minister’s Apna Ghar Programme by allowing eligible Non-Banking Finance Companies (NBFCs) to participate in the affordable housing finance initiative. The move is expected to increase access to home financing, particularly for people who have limited access to conventional banking services. According to Beyond Time News, the decision…

Pakistan, Türkiye Reaffirm $5 Billion Trade Target, Expand Investment and Technology Partnership

Istanbul: Pakistan and Türkiye have renewed their commitment to expanding economic cooperation by reaffirming a shared goal of increasing bilateral trade to $5 billion, while also pledging deeper collaboration in investment, technology, energy, defence, and regional connectivity. The commitment came during high-level talks between Prime Minister Shehbaz Sharif and Turkish President Recep Tayyip Erdoğan in…

Petrol Price in Pakistan May Fall Further as Rana Sanaullah Cites Lower Global Oil Prices

Islamabad: Rana Sanaullah Says Petrol Prices Could Decline Again Petrol prices in Pakistan may decrease further in the coming weeks, according to Rana Sanaullah, who expressed optimism about falling international oil prices and their potential impact on domestic fuel rates. Speaking during a televised interview, Sanaullah said he expects petrol prices could be reduced within…

PM Apna Ghar Program Expanded as SECP Allows Non-Banking Institutions to Offer Home Loans

Islamabad: SECP Expands PM Apna Ghar Program to Improve Access to Affordable Housing Finance Pakistan’s affordable housing initiative has received a major boost after the Securities and Exchange Commission of Pakistan (SECP) broadened the scope of the Prime Minister Apna Ghar Program. According to Beyond Time News, the latest policy allows eligible non-banking financial institutions…