The federal government has submitted a tax revenue alternative plan to the International Monetary Fund (IMF) to maintain a one percent concessional sales tax rate on electric vehicles in the new auto policy. If approved by the IMF, the new …
Business
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The people of Pakistan are forced to buy the world’s most expensive LPG, while in the presence of all institutions including the Oil and Gas …
Karachi: Gold prices have declined both globally and locally, while the price of silver has remained stable. According to the All Sarafa Market and Jewellers …
The Oil and Gas Regulatory Authority has announced a major reduction in the prices of petroleum products. According to Express News, OGRA has issued a …
D.G. Khan: Federal Minister for Energy Awais Leghari has stated that, starting from June next year, load-shedding will be implemented at the transformer level—rather than …
A significant development has emerged regarding the promotion of foreign investment in Pakistan, facilitated by the SIFC. A Dutch business delegation, led by the Ambassador …
Finance Minister Muhammad Aurangzeb has clearly outlined the government’s strategy regarding Pakistan’s return to global markets and the reduction of the country’s debt burden. In …
The State Bank of Pakistan (SBP) has released its annual review of the payment system for the fiscal year 2025-2026, according to which transactions worth …
Due to the continuous increase in jet fuel prices, the prices of air tickets are likely to increase. Bad news for airlines has come out. …
The federal government has fulfilled another condition of the IMF while deciding on important amendments to the 2023 policy regarding state-owned enterprises. Government Government institutions …
Karachi: Gold and silver prices have risen in both global and local markets. According to the All Sarafa Market and Jewellers Association, the price of …
Karachi: Prime Minister Shehbaz Sharif has said that tax breaks worth Rs 2,300 billion have been given in the budget, and the private sector will …
Islamabad: The FBR has issued a notification of important amendments to the Sales Tax Rules 2006, under which it will be mandatory to install production …
A further rise in crude oil prices has been recorded in the global market. The price of US crude oil increased by 1.60 percent, bringing …
Electricity is likely to become more expensive for consumers across the country, including those served by K-Electric, due to monthly fuel adjustments. The CPPA has …
The Ministry of Petroleum has initiated work on a uniform gas tariff system. Approval for the policy governing this uniform tariff will be sought from …
Tehran: The exchange rate of the US dollar in Iran’s open market has surpassed 2.45 million rials. The rapid depreciation of the Iranian rial has …
FPCCI Policy Advisory Board Chairman Mian Zahid Hussain has fully supported the demands of cotton ginners, saying that cotton is the backbone of the country’s …
Karachi: After four consecutive days of decline, the prices of gold and silver saw a significant increase today. In the international bullion market, the price …
Islamabad: The Oil and Gas Regulatory Authority (OGRA) has significantly reduced the price of LNG, and a notification to this effect has been issued.OGRA reduced …
The Federal Board of Revenue (FBR) has fixed minimum retail prices for ghee and cooking oil to curb alleged tax evasion in the sector and …
Karachi: There has been a decline in both international and local gold prices. According to Express News, the price of gold has dropped for the …
Karachi: Gold prices have decreased in both international and local markets.Karachi: Gold prices have dropped in both international and local markets.In the international bullion market, …
Karachi: A risk of a petrol and diesel crisis has emerged due to dwindling fuel stocks in the country.The Oil Companies Advisory Council (OCAC) has …
Islamabad: The government has taken an important decision regarding locally manufactured hybrid electric vehicles, exempting vehicles with engines up to 2000 cc from sales tax.The …
Karachi: Gold prices have decreased in global and local markets.Gold prices in the international bullion market fell by $24 per ounce on Monday, bringing the …
Karachi: Trial exports of vehicles manufactured in Pakistan to Bangladesh will begin this month.According to memorandum of understanding was signed between a Pakistani automobile manufacturing …
ISLAMABAD: Federal Finance Minister Muhammad Aurangzeb has said that mobilizing private sector capital is essential for Pakistan’s economic development.Addressing a ceremony in the federal capital, …
The Federal Board of Revenue (FBR) has issued a draft proposing further amendments to the Income Tax Rules 2002. The proposed changes also include amendments …
Islamabad: Pakistan has started the offering process for issuing US dollar benchmark Eurobonds.According to the Ministry of Finance, the offering process for 5-year and 10-year …
The Federal Board of Revenue (FBR) has directed to expedite the registration of low-risk applicants for sales tax and complete it within a stipulated time …
Islamabad: International credit rating agency Moody’s has upgraded Pakistan’s sovereign credit rating from Caa1 to B3.According to Express News, international rating agency Moody’s has upgraded …
ISLAMABAD: On the directions of the Prime Minister, the Special Investment Facilitation Council (SIFC) has accelerated steps for the effective implementation of regulatory reforms, which …
The federal government has decided to introduce a comprehensive policy to promote local manufacturing of signal boosters, dongles and biometric machines and various electronic devices …
Federal Minister for Petroleum Ali Pervaiz Malik has announced that significant progress has been made in meetings with refineries and the refineries have accepted the …
QUETTA: SIFC’s facilitation is promoting investment, development and efficient use of resources in Pakistan’s mineral sector.Pakistan’s mineral sector has significant potential for economic growth and …
Karachi: Gold prices have declined in global and local markets, while silver has become more expensive.As a result of a decrease of $5 per ounce …
Faisalabad: 12 domestic and foreign investors have expressed interest in the privatization of FESCO.According to Express News, large business groups from Turkey, China and Pakistan …
Karachi: Iran-Oman agreement on a new safe corridor, signs of easing Middle East tensions, continued the upward trend in demand and prices of gold and …
Rachi: Governor State Bank Jamil Ahmed has said that a new scheme will be introduced soon to provide more incentives in remittances, the central bank …
Islamabad: An important agreement has been reached between Pakistan and Bangladesh regarding the export of vehicles, Pakistan has set a target of exporting 5,000 vehicles …
Pakistan is activating alternative trade routes to connect Central Asian states to global markets through the ports of Gwadar and Karachi, further enhancing the country’s …
Karachi: The price of gold and silver decreased in the global and local markets.The price of gold per ounce fell by $38 in the international …
The Chairman of the Regulatory Authority for Virtual Assets met with Mufti Taqi Usmani, in which he appealed to the scholars to conduct a comprehensive …
Islamabad: Negotiations on a bilateral trade agreement between Pakistan and the United States have begun in Washington.According to a Foreign Office spokesperson, important negotiations on …
Karachi: Gold prices recorded a decline for the fourth consecutive day in the global and local markets today.As the price of gold per ounce in …
The burden of internal and external debt on Pakistan has increased further and has increased by Rs 5,904 billion in the last one year. According …
Prime Minister Shehbaz Sharif, in a review meeting on SMEDA, directed to provide facilities for providing loans to small and medium enterprises (SMEs) to increase …
Karachi: The price of gold per tola has recorded a huge increase of thousands of rupees for the second consecutive day. According to the All …
Karachi: Due to the US raising interest rates to increase the value of the dollar globally, Trump’s orders to audit US gold assets and HSBC’s …
Islamabad: A concessional loan agreement of 20 million euros (Rs 6.3 billion) has been signed between Pakistan and Italy.According to Secretary of the Ministry of …
Karachi Port Trust has set a new record for cargo handling in its 138-year history. Federal Minister for Maritime Affairs Junaid Anwar Chaudhry said that …
President Asif Ali Zardari has signed the Finance Bill 27-2026 after its approval from the parliament, after which it will be sent to the Printing …
ISLAMABAD: Chairman FBR Rashid Mahmood Langrial assured the National Assembly Standing Committee on Finance of a 20 percent reduction in regulatory duty imposed on imported …
The Asian Development Bank (ADB) will provide $700 million to Pakistan under the Insurance Transformation Program Sub-Program SP-1. According to a spokesperson for the Ministry …
Karachi Gold and silver prices have declined in global and local markets. The price of gold per ounce in the international bullion market fell by …
Pakistan’s information technology sector has crossed another milestone, with exports of the IT sector exceeding $4 billion in the first 11 months of the fiscal …
The Federal Finance Minister has said that the aim is to provide subsidies to the lower salaried class in the new financial year, relief has …
Karachi: The price of gold in the global and local markets also recorded an increase today. The price of gold per ounce in the international …
The federal government has announced a reduction in tax rates and abolition of surcharges for the salaried class and formal proposals have been presented in …
Karachi: The price of gold has recorded a major decline in the global and local markets today, and in the past few days, gold has …
The federal government has failed to achieve most of its economic targets, including the economic growth rate set for the current fiscal year 2025-26, but …
karachi: Gold prices increased today after a gap of 3 days. The price of gold per ounce in the international bullion market today increased by …
ISLAMABAD: The federal budget for the next fiscal year has been delayed due to a dispute over the distribution of resources from the distributable revenue …
KARACHI: Gold prices in Pakistan fell sharply on Saturday, with the price of 24-karat gold declining by Rs2,200 per tola, according to the All Pakistan …
KARACHI: The Gold prices have surged again after a day of decline in the global and local markets on Thursday. Under the influence of the global market, …
Federal Finance Minister Senator Aurangzeb has said that the issuance of Panda Bond is the beginning of a new era of financial cooperation between Pakistan …
KARACHI: Gold prices fell sharply in both domestic and international markets on Friday, according to market data. In the international bullion market, the price of …
Karachi: A sudden drop in gold prices has been recorded in the global and local markets. The price of gold per ounce in the international …
The price of gold and silver has increased again in the global and local markets. According to Express News, the price of gold per ounce …
A major increase was recorded in the prices of gold and silver in the global and local markets today. The price of gold per ounce …
ISLAMABAD: The IMF has expressed concern over trade and suspicious transactions and directed the government to take strict measures against money laundering before the budget …
Several MoUs and trade agreements were signed between Pakistani and Chinese companies to further strengthen Pak-China industrial and trade relations. According to an APP report, …
Karachi: Due to the decline in global prices, gold and silver prices have also fallen in local bullion markets. The effects of the decline in …
Gold prices witnessed a modest decrease in Pakistan in line with downward trend in international market. According to the All Sarafa, Gems & Jewelers Association, …
Karachi: The price of gold in the global and local markets decreased, while silver prices increased. The price of gold per ounce in the international …
Despite difficult circumstances, the economy is moving in the right direction, says Finance Minister
The signing ceremony of the Capital Market Development Fund agreement is underway in Islamabad, Federal Finance Minister Senator Muhammad Aurangzeb is attending the ceremony as …
ISLAMABAD: The Economic Coordination Committee of the federal cabinet has approved temporary import of vehicles and auto parts, funds for various ministries and export of …
Karachi: Gold prices increased today after a 5-day break in the global and local markets. The price of gold per ounce in the international bullion …
ISLAMABAD: The government has increased the tax on used imported mobile phones based on the customs valuation, which has made 62 mobile models of different …
The country has recorded an increase in the inflation rate in the first 9 months of the current fiscal year. According to the Ministry of …
ISLAMABAD (APP) – Federal Minister for Commerce Jam Kamal Khan and Dr Oumer Hussein Oba held a detailed meeting to explore new avenues for strengthening …
ISLAMABAD: The launch of the smart metering project has brought significant progress towards modernization of the electricity system. Under the Transaction Advisory Services Agreement between …
The State Bank of Pakistan has repaid a loan of two billion dollars to the United Arab Emirates, while another one and a half billion …
Federal Finance Minister Senator Muhammad Aurangzeb says that Pakistan has completed a staff-level agreement with the International Monetary Fund (IMF), and its approval from the …
Saudi Arabia has rolled over $3 billion in deposits held in Pakistan, for which a formal agreement has been reached and signed between the State …
ISLAMABAD: Officials told a briefing in the National Assembly Standing Committee on Finance that the tax levied on imported mobile phones is 54 percent of …
Karachi: The price of gold and silver has increased further in the global and local markets. The price of gold per ounce in the international …
The price of crude oil in the global market has fallen after the news of the second round of US-Iran talks emerged. According to reports, …
Federal Finance Minister Muhammad Aurangzeb has announced that the new tranche of the loan program from the International Monetary Fund (IMF) will be approved soon, …
Global credit rating agency Fitch has described Pakistan’s fiscal discipline and overall economic performance as satisfactory. According to the details, Fitch has maintained Pakistan’s credit …
Karachi Cotton prices have reached a new two-year high due to the failure of US-Iran talks on the Gulf War to resume import activities. A …
ISLAMABAD: Federal Finance Minister Senator Muhammad Aurangzeb has left for the United States to attend the World Bank Group and IMF Spring meetings. According to …
Karachi: The Sindh government has issued a notification restricting business hours in the province as part of its austerity policy. According to the Sindh government …
Due to the Iran-US talks, Asian markets have stabilized and the price of crude oil has also decreased. According to media reports, the price of …
Karachi: The stock market opened with a bearish start today, but after that there is a bullish trend in the market. The Pakistan Stock Exchange …
Gold prices recorded a major decline today after a one-day break in global and local markets. The price of gold per ounce in the international …
ISLAMABAD: Prime Minister Shahbaz Sharif has rejected suggestions to bring a mini-budget before the new budget and has made it clear to the FBR that …
Karachi: Gold prices in the global and local markets remained stable today. There was no change in the price of gold per ounce in the …
Islamabad: The government has taken a principled decision to deregulate the sugar sector after wheat to fulfill another condition of the IMF, for which a …
