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BUSINESS
ECC Approves FBR Transformation Plan, Rs 17 Bln Debt of Pak Post
ECC Approves FBR Transformation Plan, Rs 17 Bln Debt of Pak Post
5 summaries of FBR transformation separately approved
Rs 16.99 Bln Debt of Pak Post also approved
IMF for Additional Tax Measures After Missing Targets
The Chairman Federal Board of Revenue (FBR) Rashid Langrial and his team will brief the International Monetar Fund (IMF) on FBR’s transformation plan, Retailers Scheme and Track and Trace System today.
IMF Delegation arrives Islamabad to discuss modalities of minibudget
ISLAMABAD: A high level delegation of the International Monetary Fund (IMF) delegation has arrived in Islamabad on five-day emergency visit to Pakistan to discuss the modalities of the possible minibudget.
The delegation has held…
Shehbaz Sharif Meets Saudi Officials to Boost Economic Cooperation
RIYADH, November 11, 2024: Prime Minister Muhammad Shehbaz Sharif met with Saudi Investment Minister Engr. Khalid bin Abdulaziz Al-Falih and Mr. Mohammed Al-Tuwaijri, Advisor to the Royal Court, to discuss enhancing economic…
PSX KSE-100 Index Achieves New Record
KARACHI: The Pakistan Stock Exchange (PSX) opened the week on a high note as the benchmark KSE-100 Index reached an all-time record on Monday, propelled by strong investor sentiment and supportive economic factors.
In intra-day trading,…
Trump Win Boosts Tesla’s Market Value to $1 Trillion
BENGALURU: In a dramatic jump on Friday, Tesla's market valuation ended above $1 trillion, fueled by hopes that CEO Elon Musk's businesses will receive favorable treatment under President-elect Donald Trump for his broad campaign support.…
FBR Reports 18.5% Growth in Customs Duty Collection for 2023-24
ISLAMABAD, November 9, 2024: The Federal Board of Revenue (FBR) reported a significant rebound in customs duty collections for the fiscal year 2023-24, showing an 18.5% increase over the previous year.
According to the FBR, net customs…
Local Gold Rates Remain Unchanged
ISLAMABAD: Gold prices in Pakistan remained stable on Saturday, in line with global market trends.
According to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), the price of 24-karat gold was quoted at Rs278,800 per tola…
Overseas Pakistanis Send Record $11.8 Billion in Remittances in First Four Months of FY24
ISLAMABAD, November 8, 2024 — Overseas Pakistanis have broken previous records by sending a total of $11.8 billion in remittances during the first four months of the current fiscal year, as per the data issued by the State Bank of…
Major Housing Project Receives Rs50 Billion from Centre
Islamabad: The Sindh province government will receive Rs 50 billion from the federal government to execute its emergency housing project.
The cabinet's Economic Coordination Committee (ECC) recently met and decided.
According to the…