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Banks to remain closed for three days
KARACHI: Banks across Pakistan are scheduled to observe a three-day closure starting from Saturday through Monday, as announced by the...
NA approves Federal Budget 2024-25
ISLAMABAD: The National Assembly (NA) has approved the Federal Budget for the fiscal year 2024-25 with a total outlay of...
Appraisement Easts submits compliance report on petition filed by M/s China Textile & Blanket Industry
KARACHI: Collectorate of Customs Appraisement East filed a Civil Petition for Leave to Appeal before Supreme Court of Pakistan challenging...
Budget 2024-25: Packaged milk becomes costlier as GST imposed
ISLAMABAD: The prices of packaged milk in Pakistan will surge as the government imposed an 18 per cent general sales...
Air tickets get more expensive after tax hike from July 1
ISLAMABAD: In the latest budget for 2024-25, air travel costs are set to rise massively, particularly for those flying in...
Multan ASO impounds smuggled goods worth Rs4.144m from Dera Ghazi Khan
MULTAN: Collectorate of Customs anti-smuggling organization seized contraband goods worth Rs4.175 million in Dera Ghazi Khan. Sources told that customs...
Nationwide strike & cotton procurement boycott to continue: PCGA Chairman
MULTAN: Pakistan Cotton Ginners Association (PCGA) Chairman Chaudhry Waheed Arshad has declared that the nationwide strike and boycott of cotton...
Weekly inflation falls by 0.73pc
ISLAMABAD: The weekly inflation measured by the Sensitive Price Indicator (SPI), witnessed a decrease of 0.73 percent for the combined...
Pakistan’s total liquid foreign reserves reach $14.2b
KARACHI: The total liquid foreign reserves of Pakistan stood at US$ 14,207.3 million as of June 21, 2024 while the...
SBP aims to double SME financing to Rs1100b: Deputy Governor
KARACHI: Deputy Governor State Bank of Pakistan (SBP), Saleemullah has reaffirmed the central bank’s objective to double the financing of...
Economy poised for growth in FY2024-25: Finance Ministry
ISLAMABAD: The growth prospects for Pakistan are expected to remain encouraging during the upcoming fiscal year 2024-25 as the government’s...
Govt to increase tax to GDP ratio to 13pc: Finance Minister Aurangzeb
ISLAMABAD: Federal Minister for Finance and Revenue, Muhammad Aurangzaib on Friday said that the government is committed to increase the...
ECC greenlights Rs60.7m for aviation employee expenses
ISLAMABAD: The Economic Coordination Committee (ECC), chaired by Finance Minister Muhammad Aurangzeb, convened to approve several technical supplementary grants for...
Pakistan aims to boost trade with Central Asia: Abdul Aleem Khan
ISLAMABAD: Minister for Privatisation, Board of Investment and Communications Abdul Aleem Khan has said that Pakistan wants to promote bilateral...
Oil Mills Association warns of shutdown over rising costs
MULTAN: The All Pakistan Oil Mills Association has issued a stark warning of an impending shutdown if the government does...
FTO seeks smooth disposal of goods seized by FBR
ISLAMABAD: Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to ensure disposal of stuck-up confiscated goods...
Petroleum prices likely to increase by Rs8/litre from July 1
ISLAMABAD: The prices of petrol and high-speed diesel (HSD) are expected to rise by Rs7 and Rs8 per litre, respectively,...
FBR recovers Rs13.86b from bank accounts of 3 Discos on account of GST
LAHORE: The Federal Board of Revenue (FBR) has recovered Rs13.86 billion from the bank accounts of three power distribution companies...
FBR decides to establish 25 ‘Commissioner Refund’ posts
ISLAMABAD: The Federal Board of Revenue (FBR) has decided to establish 25 posts of ‘Commissioner Refund’ in field formations to...
US, China & UAE top destinations for Pakistani exports during July-May: SBP
KARACHI: The United States (US) remained the top export destination of Pakistani products during the first eleven months of the...
