The utility stores have increased the prices of several branded items including spices, salt, pickles, shoe polish, toothpaste, and packaged… Read More
Mohsin Mushtaq Appointed as DG Debt Office at Finance Ministry
The government has posted Mohsin Mushtaq, a BS-21 officer of Pakistan Administrative Service, as Director General (Debt), Debt Management Office,… Read More
Massachusetts-Based Global Accelerator to Offer Pakistani Startups a Chance to Win $1 Million
The Higher Education Commission (HEC) and Hult Prize Foundation, an international entity empowering youth to solve the world’s most pressing… Read More
FTO Directs FBR to Deregister Textile Factory Set on Fire in 2007
Federal Tax Ombudsman (FTO) Dr. Asif Mahmmad Jah has directed the Federal Board of Revenue (FBR) to deregister a textile… Read More
Pakistan’s Inflation Breaks 47-Year Record in January 2023
Pakistan’s Consumer Price Index-based inflation increased to 27.6 percent on a year-on-year (YoY) basis in January 2023 as compared to… Read More
Balochistan Receives $3 Million from Barrick Gold Corp Under Reko Diq Agreement
Gold Corporation has paid the first $3 million to the Balochistan government under the new Reko Diq agreement. Reko Diq… Read More
PSX Mulls Changes to Defaulters’ Rules for Protecting Minority Shareholders
The Pakistan Stock Exchange (PSX) is considering changes to its defaulter regulations to protect the rights and interests of minority… Read More
FBR Finalizes New Taxes Worth Rs. 300 Billion With IMF
Chairman Federal Board of Revenue (FBR) Asim Ahmad Tuesday shared new taxation measures of over Rs. 300 billion with the… Read More
Pakistan’s GDP Growth to Slow Down to 2% in 2023: IMF
The International Monetary Fund (IMF) has downward revised GDP growth rate projection for Pakistan from 3.5 percent to 2 percent… Read More
FBR’s January Collection Surpasses Target by Rs. 4 Billion
The Federal Board of Revenue (FBR) has provisionally collected Rs. 537 billion during January 2023 against the monthly tax collection… Read More
Govt Expects Inflationary Pressure to Calm Down ‘Gradually’
The government expects inflationary pressure to calm down gradually due to flood-led damages which have disrupted the supply of essential… Read More
Pakistan’s Imports Under Saudi Oil Facility Hit $0.6 Billion in First Half of FY23
Pakistan imported petroleum products worth $600 million on a deferred payment basis under the Saudi oil facility during the first… Read More
