Parliamentary Secretary for Finance and Revenue, Saad Waseem Sheikh, on Wednesday informed the National Assembly that federal government is taking… Read More
China Hits Back with 84% Tariffs on US Imports
China announced it will raise tariffs on US imports from 34 percent to 84 percent, starting at 12:01 p.m. on… Read More
Cabinet Committee Approves Re-Merger of NSPC with PSPC
A meeting of the Cabinet Committee on State-Owned Enterprises (CCoSOEs) was held today at the Finance Division under the chairmanship… Read More
FTO Urges FBR to Tax Crypto as Pakistani Users Cross 9 Million
The Federal Tax Ombudsman (FTO) has criticized the Federal Board of Revenue (FBR) for its prolonged inaction and lack of… Read More
Here’s How Much Tax Salaried People Paid Over Past 3 Years
The Federal Board of Revenue (FBR) has disclosed that salaried individuals contributed a total of Rs. 820 billion in taxes… Read More
PSX Stumbles as Trump Tariffs Grip Global Markets
The 100-Index of the Pakistan Stock Exchange (PSX) turned around to bearish trend on Wednesday, losing 1,379.28 points, a negative… Read More
Gold Prices Surge as Tariff Turmoil Intensifies
The price of 24 karat per tola gold increased by Rs. 3,000 and was traded at Rs. 321,000 on Wednesday… Read More
Govt Appoints Muzaffar Mirza As New SECP Commissioner
The Finance Division has notified the appointment of Muzaffar Mirza as Commissioner, Securities and Exchange Commission of Pakistan (SECP) by… Read More
Brent Crude Drops to Four-Year Low, WTI Crashes to $56 Per Barrel
Brent crude prices have plunged by $4 per barrel since markets opened yesterday, settling at $60.9 per barrel, the lowest… Read More
Rupee Struggles 3rd Day in a Row Against US Dollar As Pressure Mounts
The Pakistani rupee (PKR) closed in red third day in a row against the US Dollar (USD) today after opening… Read More
Trump Tariffs Cause More Mayhem As Pakistan’s Dollar Bonds Fall Below Distress Level
Dollar-denominated bonds issued by smaller and riskier emerging economies came under renewed pressure on Wednesday. Pakistan’s longer-term sovereign bonds saw… Read More
Pakistan to Send High-Level Delegation to US for Talks on New Trade Tariffs
Pakistan has decided to send a high-level delegation to the United States to engage in talks on Donald Trump’s newly… Read More
