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World

Reuters
May 08, 2025

Fed sees rising risks to economy as it leaves rates unchanged

Fed’s policy statement, which held the benchmark rates steady, noted that economic uncertainty has increased further.

Business

Web Desk
Aug 08, 2024

Fixed tax imposed on labour visa tickets to Gulf

The federal government has imposed a fixed tax of Rs5,000 on air tickets for passengers travelling to Gulf countries on labour visas.

Pakistan

Web Desk
Jul 02, 2024

FED on airlines tickets increases by 150 per cent, notification issued

The federal government jacked up the FED on the international flights in the budget 2024-25. According to the notification, the FED on economy and economy plus tickets has risen by 150 per cent.

Business

Web Desk
Apr 03, 2024

Speakers call for increased tobacco taxation to address health and economic concerns

Speakers at a seminar in Islamabad underscored the critical impact of raising tobacco taxation on health costs, economic factors, and social well-being

Latest

Web Desk
Mar 07, 2024

Experts call for increased FED on cigarettes to boost revenue

SPARC advocates 26 per cent increase of federal excise duty on cigarettes to bridge the gap between health burden and tax revenue

Latest

Web Desk
Dec 08, 2023

Increase in FED reduces consumption of cigarettes by 20 billion sticks: study

Pakistan has taken significant strides by increasing Federal Excise Duty (FED) by 146 percent on cigarettes in line with the recommendations of World Health Organization

Latest

Web Desk
Nov 17, 2023

Dollar poised for steep weekly fall

The US dollar is poised for its biggest weekly drop since July, down 1.6% over the past five days, and second-biggest decline this year

Latest

Web Desk
Aug 31, 2023

FBR freezes PIA bank accounts for non-payment of FED

Responding to the development, a representative from PIA assured that the freezing of the airline’s bank accounts will not have any adverse effects on its ongoing flight operations.