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Govt likely to impose Rs2,000b of taxes in budget 2024-25
ISLAMABAD: The government is all set to collect an additional Rs2,000 billion revenue by imposing new taxes in the upcoming...
SBP cuts key rate by 150bps to 20.5pc as inflation cools off
KARACHI: The State Bank of Pakistan (SBP) cut its key interest rate by 150 basis points on Monday in a...
Central govt’s debt rises by 8.6Ppc to Rs66trn in 10MFY24: SBP
KARACHI: The central government’s total domestic and external debt stock rose by 8.6% during the first 10 months of this...
CCP recovers Rs5m penalty from APNS
ISLAMABAD: The Competition Commission of Pakistan (CCP) has enforced an order against the All Pakistan Newspapers Society (APNS), recovering a...
CDNS realize Rs1.6 trillion targets in fresh bond
KARACHI: The Central Directorate of National Savings (CDNS) has achieved a target of Rs1.6 trillion in fresh bonds and 85...
E-gates installation: Foreign experts visit Pakistan’s major airports
ISLAMABAD: France’s experts visited Karachi, Islamabad and Lahore airports ahead of installation of Electronic gates (E-gates), ARY News reported. As...
Budget 2024: Govt decides to include 62 Health Ministry projects
ISLAMABAD: The federal government has decided to include 62 projects for Ministry of Health in the upcoming federal budget, with...
Budget 2024-25: 357pc increase ‘proposed’ for IT sector
ISLAMABAD: The federal government has proposed a significant increase of 357% in the budget 2024-25 for the IT sector. According...
Gwadar economic zone offers unique opportunities for Chinese investors: Zafar Ali Shah
GWADAR: Secretary for Maritime Affairs, Zafar Ali Shah has said that Gwadar free economic zone has immense investment potential and...
China, Pakistan agree to upgrade CPEC, advance development in second phase
BEIJING: Prime Minister Muhammad Shehbaz Sharif and Chinese President Xi Jinping held a productive meeting, reaffirming the consensus to high-quality...
FBR starts punishing taxpayers for filing complaints with FTO
LAHORE: The Federal Board of Revenue (FBR) has started punishing those taxpayers, who file complaints with the Federal Tax Ombudsman...
IMF ‘considering’ new bailout package for Pakistan: Julie Kozak
ISLAMABAD: The International Monetary Fund (IMF) is considering a new bailout package for Pakistan under its Extended Fund Facility (EFF),...
Weekly inflation up by 0.45pc
ISLAMABAD: The weekly inflation measured by the Sensitive Price Indicator (SPI), witnessed an increase of 0.45 percent for the combined...
ICCI to have ‘Police Centre of Services’ to facilitate business community: DIG Ali Nasir Raza Naqvi
ISLAMABAD: Deputy Inspector General of Police Islamabad Syed Ali Nasir Raza Naqvi has applauded the hard work of the traders’...
1,300 Pakistani rice containers release after Commerce Minister’s intervention
ISLAMABAD: The Kenyan government has authorized the release of 1,300 containers of Pakistani rice after Commerce Minister, Jam Kamal Khan’s...
Govt sets target to retrieve Rs60b in tax from tobacco industry
ISLAMABAD: In a move to combat tax evasion, the federal government decided to take strict measures against smuggling of cigarettes...
Pakistan remittances climb to $3.24b in May Saudi Arabia, UAE continue topping the list
KARACHI: Saudi Arabia and the United Arab Emirates (UAE) remained the top two sources of remittances for Pakistan in May...
Pakistan’s exports to UK increase by 2.31pc in 10 months: SBP
KARACHI: Pakistan’s export of goods and services to the United Kingdom (UK) witnessed an increase of 2.31 percent during the...
IPO-Pakistan hosts meeting on IPR enforcement coordination
ISLAMABAD, Jun 7 (APP): The Intellectual Property Organization of Pakistan (IPO-Pakistan) held a meeting of the Intellectual Property Rights (IPR)...
FBR anticipates Rs175b shortfall due to court stays on tax measures
LAHORE: The Federal Board of Revenue (FBR) has projected a shortfall of Rs175 billion for the current fiscal year (2023-24)...
