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	<title>GEO NEWS - <![CDATA[Business]]></title>
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	<link>https://www.geo.tv/</link>
	<description>GeoTV, Geo News, Latest-News, Breaking News, Pakistan, Live Videos</description>
	<lastBuildDate>Sat, 14 Jun 2025 15:06:11 +05:00</lastBuildDate>
	<language>en-US</language>
	
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				<title><![CDATA[Non-filers may soon withdraw up to Rs75,000 as govt moves to ease limit]]></title>
				<link><![CDATA[https://www.geo.tv/latest/609125-non-filers-cash-withdrawal-limit-to-be-hiked-to-rs75000]]></link>
				<pubDate><![CDATA[Sat, 14 Jun 2025 12:42:00 +05:00]]></pubDate>				
	            <guid><![CDATA[https://www.geo.tv/latest/609125-non-filers-cash-withdrawal-limit-to-be-hiked-to-rs75000]]></guid>
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	            	<![CDATA[<img src="https://www.geo.tv/assets/uploads/updates/2025-06-14/l_609125_104620_updates.jpg"/>]]>
	            	<![CDATA[An individual withdraws money from an ATM in Islamabad. &mdash; AFP/File<p class=""></p>Govt decides to abolish 3-7% FED on properties, open plots.Property sellers to pay 4.5% withholding taxes of 4.5%.Rech giants like Google, YouTube, and Facebook to see tax hike.<p...]]>
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				<title><![CDATA[Proposed pension tax in finance bill triggers alarm among retirees]]></title>
				<link><![CDATA[https://www.geo.tv/latest/609119-proposed-pension-tax-in-finance-bill-triggers-alarm-among-retirees]]></link>
				<pubDate><![CDATA[Sat, 14 Jun 2025 11:05:00 +05:00]]></pubDate>				
	            <guid><![CDATA[https://www.geo.tv/latest/609119-proposed-pension-tax-in-finance-bill-triggers-alarm-among-retirees]]></guid>
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	            	<![CDATA[<img src="https://www.geo.tv/assets/uploads/updates/2025-06-14/l_609119_102947_updates.jpg"/>]]>
	            	<![CDATA[A man counts Pakistani rupee notes at a currency exchange shop in Peshawar, September 12, 2023. &mdash; ReutersHigher tax burden likely on those with lower annual incomes.Commutation needs thorough review in proposed changes in law.FBR was required to treat pension as separate block.<p...]]>
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				<title><![CDATA[Reko Diq project to contribute 1% to Pakistan's GDP annually]]></title>
				<link><![CDATA[https://www.geo.tv/latest/609112-reko-diq-project-to-contribute-1-to-pakistans-gdp-annually]]></link>
				<pubDate><![CDATA[Sat, 14 Jun 2025 11:04:00 +05:00]]></pubDate>				
	            <guid><![CDATA[https://www.geo.tv/latest/609112-reko-diq-project-to-contribute-1-to-pakistans-gdp-annually]]></guid>
	            <description>
	            	<![CDATA[<img src="https://www.geo.tv/assets/uploads/updates/2025-06-14/l_609112_102019_updates.jpg"/>]]>
	            	<![CDATA[The hills near the proposed site of the Reko Diq copper mine in Pakistan's province of Baluchistan are seen. &mdash; Reuters/FileMove positions project as one of most important industrial ventures in Pakistan's history.IFC will also act as lead lender, environmental, social...]]>
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				<title><![CDATA[FinMin supports raising retirement age to 62 amid pension funding crisis]]></title>
				<link><![CDATA[https://www.geo.tv/latest/609121-finmin-supports-raising-retirement-age-to-62-amid-pension-funding-crisis]]></link>
				<pubDate><![CDATA[Sat, 14 Jun 2025 10:55:00 +05:00]]></pubDate>				
	            <guid><![CDATA[https://www.geo.tv/latest/609121-finmin-supports-raising-retirement-age-to-62-amid-pension-funding-crisis]]></guid>
	            <description>
	            	<![CDATA[<img src="https://www.geo.tv/assets/uploads/updates/2025-06-14/l_609121_095320_updates.jpg"/>]]>
	            	<![CDATA[Finance Minister Muhammad Aurangzeb speaks during Budget 2025-26 speech in National Assembly on June 10, 2025. &mdash; PIDBureaucrats' age can be increased like that of judges: Senator NaekSenator Rahman argues retirement age can be up to 65-70 years.Ministry shares govt's allocation for...]]>
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				<title><![CDATA[KP unveils Rs2,119bn budget for FY26]]></title>
				<link><![CDATA[https://www.geo.tv/latest/609076-kp-unveils-rs2119bn-budget-for-fy26]]></link>
				<pubDate><![CDATA[Fri, 13 Jun 2025 23:00:00 +05:00]]></pubDate>				
	            <guid><![CDATA[https://www.geo.tv/latest/609076-kp-unveils-rs2119bn-budget-for-fy26]]></guid>
	            <description>
	            	<![CDATA[<img src="https://www.geo.tv/assets/uploads/updates/2025-06-13/l_609076_093900_updates.jpg"/>]]>
	            	<![CDATA[Khyber Pakhtunkhwa Finance Minister Aftab Alam presents budget for fiscal year 2025-26 in provincial assembly on June 13, 2025. &mdash; PPI<p>The PTI-led Khyber Pakhtunkhwa government presented the provincial budget with a total outlay of Rs2,119bn for the fiscal year...]]>
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				<title><![CDATA[Sindh budget FY26: CM Shah unveils Rs1,018bn Annual Development Programme]]></title>
				<link><![CDATA[https://www.geo.tv/latest/609043-sindh-budget-fy26-cm-shah-unveils-rs1018bn-annual-development-programme]]></link>
				<pubDate><![CDATA[Fri, 13 Jun 2025 19:10:00 +05:00]]></pubDate>				
	            <guid><![CDATA[https://www.geo.tv/latest/609043-sindh-budget-fy26-cm-shah-unveils-rs1018bn-annual-development-programme]]></guid>
	            <description>
	            	<![CDATA[<img src="https://www.geo.tv/assets/uploads/updates/2025-06-13/l_609043_064159_updates.jpg"/>]]>
	            	<![CDATA[Sindh Chief Minister Murad Ali Shah presents provincial budget on June 13, 2025. &mdash; YouTube/GeoNews/screengrab  <p>KARACHI: Sindh Chief Minister Syed Murad Ali Shah, while unveiling the annual budget in the assembly, presented the Annual Development Program  for the fiscal...]]>
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				<title><![CDATA[Business leaders reject harsh budget measures, warn of shutdowns if policies stay]]></title>
				<link><![CDATA[https://www.geo.tv/latest/609036-business-leaders-reject-harsh-budget-measures-warn-of-shutdowns-if-policies-stay]]></link>
				<pubDate><![CDATA[Fri, 13 Jun 2025 19:02:00 +05:00]]></pubDate>				
	            <guid><![CDATA[https://www.geo.tv/latest/609036-business-leaders-reject-harsh-budget-measures-warn-of-shutdowns-if-policies-stay]]></guid>
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	            	<![CDATA[<img src="https://www.geo.tv/assets/uploads/updates/2025-06-13/l_609036_062940_updates.jpg"/>]]>
	            	<![CDATA[Containers stacked at a port, highlighting trade activity. &mdash; Reuters/File<p>A key private sector forum has strongly opposed what it calls harsh, anti-business measures in the new federal budget, warning of protests if the extended authority granted to the tax body is not...]]>
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				<title><![CDATA[Budget FY26: When relief feels like rumour, tax anxieties hit the streets]]></title>
				<link><![CDATA[https://www.geo.tv/latest/608987-budget-fy26-when-relief-feels-like-rumour-tax-anxieties-hit-the-streets]]></link>
				<pubDate><![CDATA[Fri, 13 Jun 2025 12:47:00 +05:00]]></pubDate>				
	            <guid><![CDATA[https://www.geo.tv/latest/608987-budget-fy26-when-relief-feels-like-rumour-tax-anxieties-hit-the-streets]]></guid>
	            <description>
	            	<![CDATA[<img src="https://www.geo.tv/assets/uploads/updates/2025-06-13/l_608987_122516_updates.jpg"/>]]>
	            	<![CDATA[<p>The gossip at the local grocery store today focused on only one thing: a proposed reduction in taxes in Budget 2025-26 for the salaried class. From the man who came to buy formula milk for his newborn to the neighbourhood salon owner, everyone was concerned about the rise and fall in direct and...]]>
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				<title><![CDATA[Power consumers to bear Rs3.23/unit surcharge until 2031]]></title>
				<link><![CDATA[https://www.geo.tv/latest/608980-power-consumers-to-bear-rs323unit-surcharge-until-2031]]></link>
				<pubDate><![CDATA[Fri, 13 Jun 2025 11:46:00 +05:00]]></pubDate>				
	            <guid><![CDATA[https://www.geo.tv/latest/608980-power-consumers-to-bear-rs323unit-surcharge-until-2031]]></guid>
	            <description>
	            	<![CDATA[<img src="https://www.geo.tv/assets/uploads/updates/2025-06-13/l_608980_113501_updates.jpg"/>]]>
	            	<![CDATA[A representational image of a transmission tower, also known as an electricity pylon. &mdash; AFP/FileTerm sheet between CPPA, commercial banks finalised.Summary forwarded to the federal cabinet for approval.Remainder of circular debt to be addressed via multiple avenues.<p>ISLAMABAD:...]]>
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				<title><![CDATA[Pakistan aims to secure $2bn commercial loan this month: Aurangzeb]]></title>
				<link><![CDATA[https://www.geo.tv/latest/608977-pakistan-aims-to-secure-2bn-commercial-loan-this-month-aurangzeb]]></link>
				<pubDate><![CDATA[Fri, 13 Jun 2025 11:44:00 +05:00]]></pubDate>				
	            <guid><![CDATA[https://www.geo.tv/latest/608977-pakistan-aims-to-secure-2bn-commercial-loan-this-month-aurangzeb]]></guid>
	            <description>
	            	<![CDATA[<img src="https://www.geo.tv/assets/uploads/updates/2025-06-13/l_608977_111219_updates.jpg"/>]]>
	            	<![CDATA[Finance Minister Muhammad Aurangzeb. &mdash; Ministry of Finance/FileGovt plans downsizing of SOEs, expects lower inflation next year.Public sector salaries rise 10%, armed forces get relief allowance.FBR revises tax slabs, introduces EV levy to raise revenue.<p class="">ISLAMABAD: Finance...]]>
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				<title><![CDATA[Whither austerity drive?]]></title>
				<link><![CDATA[https://www.geo.tv/latest/608972-whither-austerity-drive]]></link>
				<pubDate><![CDATA[Fri, 13 Jun 2025 11:36:00 +05:00]]></pubDate>				
	            <guid><![CDATA[https://www.geo.tv/latest/608972-whither-austerity-drive]]></guid>
	            <description>
	            	<![CDATA[<img src="https://www.geo.tv/assets/uploads/updates/2025-06-13/l_608972_105251_updates.jpg"/>]]>
	            	<![CDATA[An undated image of a currency dealer handing stack of Rs100 notes. &mdash; Reuters/File<p>ISLAMABAD: In a stark reversal of its earlier commitment to financial restraint, the Shehbaz Sharif government has allowed a dramatic increase in the salaries and perks of the...]]>
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				<title><![CDATA[PSX plunges as Israel launches major action on Iran, stoking geopolitical jitters]]></title>
				<link><![CDATA[https://www.geo.tv/latest/608968-psx-extends-losses-dipping-over-1000-points]]></link>
				<pubDate><![CDATA[Fri, 13 Jun 2025 10:43:00 +05:00]]></pubDate>				
	            <guid><![CDATA[https://www.geo.tv/latest/608968-psx-extends-losses-dipping-over-1000-points]]></guid>
	            <description>
	            	<![CDATA[<img src="https://www.geo.tv/assets/uploads/updates/2025-06-13/l_608968_095518_updates.jpg"/>]]>
	            	<![CDATA[A broker is busy in trading at the Pakistan Stock Exchange  in Karachi on Thursday, December 5, 2024. &mdash; PPI<p class=""></p>Analysts say Israeli attack on Iran initially sent PSX into a tailspin.Unprecedented strikes escalated geopolitical uncertainty: experts.Volumes stood at over...]]>
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				<title><![CDATA[Govt focusing on sustained growth driven by domestic resources, enhanced exports: Iqbal]]></title>
				<link><![CDATA[https://www.geo.tv/latest/608869-govt-focusing-on-sustained-growth-driven-by-domestic-resources-enhanced-exports-iqbal]]></link>
				<pubDate><![CDATA[Thu, 12 Jun 2025 19:27:00 +05:00]]></pubDate>				
	            <guid><![CDATA[https://www.geo.tv/latest/608869-govt-focusing-on-sustained-growth-driven-by-domestic-resources-enhanced-exports-iqbal]]></guid>
	            <description>
	            	<![CDATA[<img src="https://www.geo.tv/assets/uploads/updates/2025-06-12/l_608869_070037_updates.jpg"/>]]>
	            	<![CDATA[Federal Minister for Planning & Development Ahsan Iqbal  addresses a press conference on post-budget 2025-26, accompanied by secretary planning, chief statistician and chief economist in Islamabad, June 12, 2025. &mdash; PIDAhsan Iqbal says Balochistan put on accelerated development...]]>
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				<title><![CDATA[PSX retreats after record high as investors book profits]]></title>
				<link><![CDATA[https://www.geo.tv/latest/608801-psx-extends-rally-as-budget-stability-rising-remittances-lift-sentiment]]></link>
				<pubDate><![CDATA[Thu, 12 Jun 2025 10:52:00 +05:00]]></pubDate>				
	            <guid><![CDATA[https://www.geo.tv/latest/608801-psx-extends-rally-as-budget-stability-rising-remittances-lift-sentiment]]></guid>
	            <description>
	            	<![CDATA[<img src="https://www.geo.tv/assets/uploads/updates/2025-06-12/l_608801_104310_updates.jpg"/>]]>
	            	<![CDATA[A broker talks on phone as he looks at an index board showing the latest share prices at the PSX in Karachi on February 10, 2023. &mdash; AFP<p class=""></p>KSE-100 Index settled at 124,093.12, down -259.56 points, or -0.21%.The index touched an intraday low of 123,846.55, falling -506.13...]]>
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				<title><![CDATA[FBR to boost tax revenues through enforcement measures, says Langrial]]></title>
				<link><![CDATA[https://www.geo.tv/latest/608727-fbr-to-boost-tax-revenues-through-enforcement-measures-says-langrial]]></link>
				<pubDate><![CDATA[Wed, 11 Jun 2025 23:41:00 +05:00]]></pubDate>				
	            <guid><![CDATA[https://www.geo.tv/latest/608727-fbr-to-boost-tax-revenues-through-enforcement-measures-says-langrial]]></guid>
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	            	<![CDATA[<img src="https://www.geo.tv/assets/uploads/updates/2025-06-11/l_608727_111826_updates.jpg"/>]]>
	            	<![CDATA[Federal Board of Revenue  Chairman Rashid Mahmood Langrial addresses an event. &mdash;  National Defence University website/FilePoultry, beverage sectors to face enforcement measures: Langrial."Priority list prepared to improve enforcement in different sectors."FBR chief admits salaried...]]>
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				<title><![CDATA[Govt to resist boom-bust cycle for sustainable growth, says PM's aide]]></title>
				<link><![CDATA[https://www.geo.tv/latest/608710-govt-to-resist-boom-bust-cycle-for-sustainable-growth-says-pms-aide]]></link>
				<pubDate><![CDATA[Wed, 11 Jun 2025 20:54:00 +05:00]]></pubDate>				
	            <guid><![CDATA[https://www.geo.tv/latest/608710-govt-to-resist-boom-bust-cycle-for-sustainable-growth-says-pms-aide]]></guid>
	            <description>
	            	<![CDATA[<img src="https://www.geo.tv/assets/uploads/updates/2025-06-11/l_608710_085250_updates.jpg"/>]]>
	            	<![CDATA[Salman Ahmad, member of Economic Advisory Council speaking on Capital Talk show on June 11, 2025. &mdash; Screengrab via Geo NewsAhmad says govt reviewing 32 ministries for inefficiency. Adds rightsizing aims to reduce tax burden on citizens. "Reforms target long-term economic stability,...]]>
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				<title><![CDATA[Trump says China deal 'done', Beijing to supply rare earths]]></title>
				<link><![CDATA[https://www.geo.tv/latest/608688-trump-says-china-deal-done-beijing-to-supply-rare-earths]]></link>
				<pubDate><![CDATA[Wed, 11 Jun 2025 18:51:00 +05:00]]></pubDate>				
	            <guid><![CDATA[https://www.geo.tv/latest/608688-trump-says-china-deal-done-beijing-to-supply-rare-earths]]></guid>
	            <description>
	            	<![CDATA[<img src="https://www.geo.tv/assets/uploads/updates/2025-06-11/l_608688_065112_updates.jpg"/>]]>
	            	<![CDATA[US President Donald Trump participates in a Summer Soiree on the South Lawn of the White House in Washington, DC, on June 4, 2025. &mdash; AFP<p class=""></p>Trump says superpowers reached deal after two days of talks.Washington would allow Chinese students to remain in US."This would be a...]]>
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				<title><![CDATA[Budget FY26: Analysts warn govt's aggressive growth targets face stiff headwinds]]></title>
				<link><![CDATA[https://www.geo.tv/latest/608667-budget-fy26-analysts-warn-govts-aggressive-growth-targets-face-stiff-headwinds]]></link>
				<pubDate><![CDATA[Wed, 11 Jun 2025 17:40:00 +05:00]]></pubDate>				
	            <guid><![CDATA[https://www.geo.tv/latest/608667-budget-fy26-analysts-warn-govts-aggressive-growth-targets-face-stiff-headwinds]]></guid>
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	            	<![CDATA[<img src="https://www.geo.tv/assets/uploads/updates/2025-06-11/l_608667_051143_updates.jpg"/>]]>
	            	<![CDATA[Vehicles move past a shipping container yard along a road in Karachi on June 10, 2025. &mdash; Reuters<p class="">The federal government is aiming to sharply increase economic growth under its annual federal budget unveiled on Tuesday, but analysts are sceptical about the country's ability...]]>
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				<title><![CDATA[Which items will become more expensive after the finance bill is approved?]]></title>
				<link><![CDATA[https://www.geo.tv/latest/608640-which-items-become-more-expensive-after-budget-2025-26]]></link>
				<pubDate><![CDATA[Wed, 11 Jun 2025 13:27:00 +05:00]]></pubDate>				
	            <guid><![CDATA[https://www.geo.tv/latest/608640-which-items-become-more-expensive-after-budget-2025-26]]></guid>
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	            	<![CDATA[<img src="https://www.geo.tv/assets/uploads/updates/2025-06-11/l_608640_010638_updates.jpg"/>]]>
	            	<![CDATA[A worker loads solar panels on a vehicle, outside a shop at a market selling electronic items in Karachi, June 11, 2024. &mdash; Reuters<p>The Federal Budget for 2025&ndash;26, unveiled by Finance Minister Muhammad Aurangzeb, is turning heads with a raft of new taxes &mdash; especially on...]]>
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				<title><![CDATA[FBR proposes ban on key transactions by non-filers]]></title>
				<link><![CDATA[https://www.geo.tv/latest/608622-fbr-proposes-ban-on-key-transactions-by-non-filers]]></link>
				<pubDate><![CDATA[Wed, 11 Jun 2025 13:06:00 +05:00]]></pubDate>				
	            <guid><![CDATA[https://www.geo.tv/latest/608622-fbr-proposes-ban-on-key-transactions-by-non-filers]]></guid>
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	            	<![CDATA[<img src="https://www.geo.tv/assets/uploads/updates/2025-06-11/l_608622_115654_updates.jpg"/>]]>
	            	<![CDATA[An individual withdraws money from an ATM in Islamabad. &mdash; AFP/FileMove aims to broaden tax net and curbing undocumented wealth.FBR considering ban on "ineligible persons" from opening bank accounts.Tax body to use data-based algorithms to identify discrepancies.<p...]]>
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