Bank borrowings hit Rs6.2 tr in just 10 months
WEB DESK: Pakistan’s government surpassed its treasury bills auction target, raising Rs640 billion on Wednesday, while simultaneously reducing the cut-off…
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850cc cars price set to soar post-budget
WEB DESK: The Federal Board of Revenue (FBR), Pakistan’s principal tax authority, has proposed a significant increase in withholding tax…
IMF recommends Pakistan to increase GST to 18 pc
WEB DESK: The International Monetary Fund (IMF) has proposed that Pakistan elevate its general sales tax (GST) to 18 per…
Gold prices increase in Pakistan for second day
Gold prices in Pakistan increased for the second day in a row on Thursday, following the global trend of rising…
Massive relief: petrol price reduced by Rs15 per litre
WEB DESK: The cost of petrol in Pakistan has undergone a significant reduction, plummeting by Rs15 per litre to reach…
Power Division rubbishes reports of increase in electricity prices
The Ministry of Energy’s Power Division (MEPD) dismissed reports on Tuesday regarding an increase in electricity prices. The spokesperson for…
Electricity tariff expected to rise by Rs7 per unit in July
Pakistan has notified the International Monetary Fund (IMF) of a potential increase in the average electricity tariff by Rs. 5…
Commerce Minister orders impact assessment of recent EDF projects
ISLAMABAD: Federal Minister for Commerce Jam Kamal Khan has directed a thorough impact assessment and analysis of projects funded by…
FBR imposes 90 pc tax on mobile recharge for non-filers
ISLAMABAD – The Federal Board of Revenue (FBR) has introduced a stringent measure, imposing a hefty 90% withholding tax on…
FY 24-25 budget expected on June 7
ISLAMABAD: Media reports have revealed that the federal budget for the fiscal year (FY) 2024-25 is anticipated to be presented…