A new AI-led tax engagement model has been announced by Finance Minister Muhammad Aurangzeb at a banking summit in Karachi. Human intervention between tax administration and taxpayers will be reduced to a minimum, while tax notices will be issued through AI-led systems. The new tax administration operating model has been introduced by parliament to improve transparency, efficiency and compliance.

About $28 billion is expected to be raised by SK Hynix through a Nasdaq depository receipt listing, according to regulatory filings. Around 17.79 million new shares will be sold as the South Korean chipmaker capitalises on the global AI boom. SK Hynix has been boosted by strong demand for high-bandwidth memory chips used by Nvidia and Google, while a major $64.38 billion investment plan has also been announced.

Pakistan’s automotive industry has warned that the Finance Act 2026-27 has created a tariff imbalance, making fully assembled vehicle imports cheaper than local manufacturing. The Pakistan Automotive Manufacturers Association has urged the prime minister to intervene, saying decades of industrial progress could be reversed. Under the new structure, CBUs below 800cc face 30% duty, while CKD kits used by local assemblers are charged 32%, and localised parts face duties up to 46%.