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Small Businesses Power Pakistan's Economy, New Census Reveals
A new Economic Census from the Pakistan Bureau of Statistics (PBS) shows that micro and small enterprises, those with fewer than 10 employees, make up a staggering 95% of all businesses in Pakistan. The census, which was integrated into the country's first-ever digital population census, highlights the pivotal role of these small-scale businesses and the informal sector in driving the nation's economy, creating jobs, and empowering women. The data provides a crucial new foundation for policymakers to develop targeted strategies for inclusive growth.
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Audit Uncovers Rs. 6.58 Billion Overcharge by Jazz
A recent audit by the Auditor General of Pakistan (AGP) has revealed that telecom giant Jazz overcharged its customers by Rs6.58 billion during the 2023-24 fiscal year. The report blames both Jazz for its illegal billing practices and the Pakistan Telecommunication Authority (PTA) for its “poor regulatory oversight,” which failed to prevent the unauthorized price hikes. This incident raises serious concerns about consumer protection in a market where a single player, like Jazz, holds a dominant position.
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YouTuber Ducky Bhai Detention Extended in Online Gambling Allegations Case
A Lahore court has granted a four-day extension to the physical remand of popular YouTuber Ducky Bhai, real name Saadur Rehman, who was arrested for allegedly promoting online gambling applications. The case, filed by the National Cyber Crime Investigation Agency (NCCIA), accuses him of being part of an international gambling network that defrauded the public by encouraging them to invest in betting apps, resulting in significant financial losses. The charges include electronic fraud, forgery, and cheating under both the Prevention of Electronic Crimes Act (PECA) and the Pakistan Penal Code (PPC)
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Used Car Imports Threaten Pakistan Auto Parts Industry
The Pakistan Association of Automotive Parts and Accessories Manufacturers (PAAPAM) recently raised an alarm over the continuous import of used cars, warning that this practice could decimate the local auto parts industry. According to PAAPAM Chairman Usman Malik, this sector, which directly employs nearly two million people and supplies up to 70% of parts for cars and 90% for motorcycles, is at significant risk. During an Auto Parts Summit, Malik urged the government to protect domestic manufacturing, pointing out that even developed nations like the United States use tariffs to safeguard their industries.
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Why Invest in Commercial Real Estate in Islamabad?
Islamabad is becoming a top destination for real estate investors due to its strategic location, stable market, and rapid infrastructure development. Commercial properties, in particular, offer high rental yields and long-term appreciation, often outperforming residential investments. With a low maintenance burden on property owners and tax benefits, the city presents a lucrative opportunity for those looking to expand their portfolios in Pakistan’s capital.
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Pakistan Commits Rs. 100 Billion to Karachi-Chaman Road in PSDP 2025-26
The Pakistani government has allocated a substantial Rs. 100 billion in the Public Sector Development Programme (PSDP) 2025-26 for the critical Karachi–Quetta–Chaman road project. The announcement, made by Parliamentary Secretary for Communications Gill Asghar Khan, underscores the government’s commitment to completing 72 key projects under the National Highway Authority (NHA) with a specific focus on Balochistan’s infrastructure development. This strategic investment aims to resolve long-standing hurdles and improve a vital trade and transportation artery.
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The Legal Quagmire of Double Taxation on Punjab’s Commercial Rentals
A legal challenge is brewing in Pakistan as the Punjab government’s decision to impose sales tax on commercial property rentals faces scrutiny. The move has been criticized as double taxation, as the same rental income is already subject to federal income tax. This new provincial tax, enacted under the legislative authority granted by the Eighteenth Amendment, has opened a constitutional debate on whether a single income stream can be taxed by both federal and provincial governments, setting the stage for a new round of litigation.
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NAB Unveils Digital Platform to Combat Real Estate Fraud
The National Accountability Bureau (NAB) has launched a new digital system to combat real estate fraud in Pakistan. This secure online platform offers a centralized database for verifying property records, including NOC status, ownership details, and approved plans. Users can check plot information with a few clicks, receive an official verification document, and protect themselves from scams like fake documentation and unauthorized allotments. This initiative by NAB aims to enhance transparency and security in the property market.
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Hyundai Launches Independence Day Offer for Hybrid Cars
Hyundai Pakistan is celebrating Independence Day with an exclusive offer that makes its popular hybrid vehicles more accessible. The promotion, valid until August 31, 2025, allows customers to purchase the Elantra Hybrid, Tucson Hybrid FWD, and Santa Fe Hybrid through easy monthly installments with a low down payment. This limited-time deal also includes one year of free comprehensive insurance.
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