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Web Desk
Sep 30, 2024

PM Shehbaz to decide on tax filing extension today amid FBR system issues

PM Shehbaz is expected to make a final decision today (Monday) on whether to extend the deadline for filing income tax returns by one month.

Business

Web Desk
Sep 29, 2024

“Pakistan’s economy is on the rise,” FinMin discusses IMF’s package

Aurangzeb informed that Pakistan has seen a 29 per cent increase in domestic exports, with particularly strong growth in the IT sector.

Business

Web Desk
Sep 29, 2024

PSX weekly roundup: record-breaking rally ends after IMF loan approval

Analysts attribute the ongoing sell-off by foreign investors to FTSE downgrading Pakistan from Secondary Emerging to Frontier Market.

Business

Web Desk
Sep 29, 2024

FBR office to remain open on Sunday for tax return submissions

The final date for filing income tax returns is Monday, September 30. The FBR has confirmed that the deadline will not be extended.

Business

Web Desk
Sep 29, 2024

Toll tax on highways and motorways increased by 30 per cent

The new tax rate will be effective from October 1 on all categories of vehicles.

Business

Hum News
Sep 28, 2024

IMF projects decline in Pakistan’s unemployment rate

The International Monetary Fund (IMF) on Saturday projected a decline in Pakistan’s unemployment rate from 8 per cent to 7.5 per cent in FY25.

Business

Web Desk
Sep 28, 2024

Gold price drops for second consecutive day, now at Rs276,000 per tola

Gold prices in Pakistan dropped for the second consecutive day on Saturday, following a decline in international markets.

Business

Web Desk
Sep 28, 2024

Textile sector warns of crisis as govt redefines gas supply priorities

The government has revised its gas supply priority order, placing domestic and commercial consumers at the top, while industries have been relegated to the last priority.

Business

Web Desk
Sep 28, 2024

SBP injects nearly Rs1.6 trillion into financial market

On Friday, the State Bank of Pakistan (SBP) carried out a reverse repo and a Shariah-compliant Modarabah-based Open Market Operation (OMO), injecting a significant total of Rs1.59 trillion into the financial market.

Business

Web Desk
Sep 28, 2024

Weekly inflation rises as prices of 16 items increase in local market

Pakistan’s short-term inflation saw a marginal rise of 0.05 per cent for the week ending September 26, 2024, and recorded an annual increase of 12.8 per cent, according to the Pakistan Bureau of Statistics (PBS).