The Senate Standing Committee on Industries and Productions was Friday informed that in case of failure to deliver a car… Read More
Ministers Vow Not to Cut HEC Budget for Upcoming Fiscal Year
Federal Minister for Planning, Development, and Special Initiatives, Ahsan Iqbal, and Minister for Federal Education and Professional Training, Rana Tanvir… Read More
Weekly Inflation Sees Biggest Rise Since February 2021
The Sensitive Price Indicator (SPI) for the week that ended on 2 June recorded a significant increase of two percent… Read More
FBR Exempts Sales Tax on Oxygen Imports
The Federal Board of Revenue (FBR) has exempted sales tax on the import of Oxygen gas, cylinders (for oxygen gas) and cryogenic… Read More
Pakistan’s Economic Situation Much Different from Sri Lanka: SBP Chief
The Acting Governor of the State Bank of Pakistan (SBP), Dr. Murtaza Syed, said in a podcast that Pakistan is… Read More
Moody’s Downgrades WAPDA’s Outlook from Stable
Moody’s Investors Service has revised Pakistan Water and Power Development Authority’s (WAPDA) outlook to negative from stable. At the same… Read More
PMIC and GrowTech Synergize to Help Farmers Enhance Crop Yields
The Pakistan Microfinance Investment Company (PMIC) and GROWTECH Services Ltd. have signed an agreement for the Technical Assistance Grant under… Read More
Govt Likely to Exempt Non-Profits from Taxes in FY23 Budget
The federal government is likely to exempt Non-Profit Organizations (NPOs) from taxes in the upcoming budget 2022-23. Sources said that… Read More
Govt to Provide Relief to Jewellers in FY23 Budget
The federal government will provide maximum relief to jewellers in the upcoming budget for the fiscal year 2022-23. As per… Read More
Govt to Abolish 2% Additional Custom Duties On Palm Oil Imports
The federal government has decided to abolish two percent additional custom duties (ACDs) on the import of palm oil. As… Read More
SBP Forex Reserves Fall to Single Digits for the First Time Since 2019
The foreign exchange reserves held by the central bank decreased 3.46 percent on a weekly basis, according to data released… Read More
Pakistan Reaches $2.3 Billion Refinancing Agreement With Chinese Banks
Finance Minister Miftah Ismail Thursday said that the terms and conditions for refinancing of $2.3 billion deposit by Chinese banks… Read More
