The government has assured the International Monetary Fund (IMF) that provinces will start collection of Agriculture Income Tax (AIT) by… Read More
FBR Unearths Rs. 3.4 Trillion Tax Fraud in Manufacturing Industry
The Finance Minister along with the Minister of State for Revenue and Chairman FBR conducted a press conference to brief… Read More
PKR Declines 4th Day in a Row Against US Dollar Despite Saudi News
The Pakistani rupee (PKR) posted small losses 4th day in a row against the US Dollar (USD) after opening trade… Read More
High Electricity Prices is Mostly Harming Poor People in Pakistan: World Bank
The World Bank revealed that high energy prices in Pakistan disproportionately impact the poor, as only 55 percent of electricity… Read More
World Bank Forecasts Pakistan’s GDP to Grow By 2.8% in FY25
The World Bank has estimated Pakistan’s GDP growth at 2.8 percent in fiscal year 2025 against 2.5 percent in 2024,… Read More
PKR Continues to Lose Value 3rd Day in a Row Against US Dollar
The Pakistani rupee (PKR) posted small losses third day in a row against the US Dollar (USD) after opening trade… Read More
Pakistan Receives Record-Breaking Workers’ Remittances in September
Remittances sent by overseas Pakistanis increased by 29 percent year-on-year (YoY) to $2.85 billion in September 2024 compared to inflows… Read More
Rupee Down 2nd Day in a Row Against US Dollar
The Pakistani rupee (PKR) posted small losses against the US Dollar (USD) after opening trade at 278 in the interbank… Read More
Dawood Lawrencepur Concludes Reon Energy Sale to Dubai-Based Company
Dawood Lawrencepur Limited (PSX: DLL) has transferred its entire shareholding in Reon Energy Limited (REL) to Juniper International FZ LLC,… Read More
Listed Banks Must Lend Rs. 3.6 Trillion to Achieve 50% Gross ADR: Report
Approximately Rs. 3.6 trillion will be required to be disbursed by listed banks to achieve the 50 percent Gross Advances… Read More
Rupee Abruptly Ends Last Week’s Momentum Against US Dollar
The Pakistani rupee (PKR) posted losses to start the new week against the US Dollar (USD) after opening trade at… Read More
Pakistani Bonds Surge Alongside PSX As Yields Drop Up to 1,000 Basis Points
Pakistan’s bond market has been rallying alongside the Pakistan Stock Exchange where equities have surged by 80 percent over the… Read More
