The Federal Board of Revenue (FBR) has rejected the Ministry of Industry’s request to levy an 18 percent general sales… Read More
Federal and Punjab Govts Plan Big Switch to New Pension System By July
Both the federal government and the provincial government of Punjab are working with the Securities Exchange Commission of Pakistan (SECP)… Read More
Pak Rupee Declines 2nd Day in a Row Against US Dollar, Other Currencies
The Pakistani rupee depreciated against the US Dollar after opening trade at 280 in the interbank market. It was bearish… Read More
2022 All-Stars Back in Power – Bigger Debt Crisis?
It gives us big relief that legislators finally managed to get the April 2022 All-Stars back in power after last… Read More
Govt Again Approaches IMF For Rs. 1.25 Trillion Circular Debt Settlement Plan
The federal government has once again approached the International Monetary Fund (IMF) to consider its plan for settling Rs. 1,250… Read More
Bitcoin Skyrockets to $65,000 — Inches Closer to All-Time High
Bitcoin in dollar terms has once again edged past the $65,000 level in incredible fashion, rising to new levels after… Read More
KIBOR Falls Across-The-Board After Inflation Hits Lowest Level Since June 2022
The Karachi Inter-Bank Offered Rate (KIBOR), a benchmark for lending to consumers and businesses, has fallen across the board on… Read More
IMF Recommends 18% GST On Petrol, Food, Medicine to Raise Rs. 1.3 Trillion More
The International Monetary Fund (IMF) wants the Federal Board of Revenue (FBR) to increase the country’s tax collection by Rs.… Read More
Pakistan’s Inflation Drops to Lowest Level in 20 Months
The Consumer Price Index (CPI) based inflation increased to 23.1 percent on a year-on-year basis in February 2024 as compared… Read More
Rupee Declines Against US Dollar to End the Week in Red
The Pakistani rupee depreciated against the US Dollar after opening trade at 281 in the interbank market. It was bearish… Read More
New Govt Likely to Reach Early IMF Agreement to Make Tough Decisions
The Caretaker government has proposed to the new government to reach an early agreement with the IMF staff on a… Read More
Govt Urged to Address Gas Price Disparity in Fertilizer Sector
The government should take action against the ongoing price disparity among fertilizer manufacturers to stabilize urea prices and earn higher… Read More
