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Business

Web Desk
Jan 23, 2024

No further salary and pension increases for govt employees

This assurance comes in line with the Memorandum of Economic and Financial Policies, a part of the first review of the Stand-By-Arrangement, agreed upon with the International Monetary Fund (IMF) staff.

Business

Web Desk
Nov 09, 2023

IMF urges Pakistan to broaden taxation to include real estate, agriculture sectors

The IMF has suggested that Pakistani authorities should extend taxation to cover the agriculture, real estate, and retail sectors.

Business

Web Desk
Oct 30, 2023

SBP announces to keep policy rate unchanged at 22% amid rising inflation

The State Bank of Pakistan (SBP) has opted to maintain the key policy rate at 22 per cent, according to a press release issued on Monday.

Business

Web Desk
Oct 24, 2023

Gas price hike paves the way for IMF deal in November

Pakistan has taken a significant step by deciding to raise gas prices, a move that is anticipated to facilitate an agreement with the IMF.

Business

Web Desk
Oct 21, 2023

No change expected: SBP likely to maintain 22% interest rate

The State Bank of Pakistan (SBP) is expected to keep its key interest rate steady at 22 per cent this month, according to Topline Securities.

Business

Web Desk
Oct 10, 2023

World Bank urges Pakistan to implement tax on agriculture and real estate

In a recent development, the World Bank has advised Pakistan to implement crucial tax reforms, highlighting the need to tax the agricultural and real estate sectors.

Business

Web Desk
Oct 09, 2023

Pakistan eyes second IMF tranche amid reforms

Pakistan is optimistic about clearing the International Monetary Fund’s (IMF) economic review next month, a milestone that could lead to the disbursement of approximately $700 million.

Business

Web Desk
Oct 06, 2023

FBR considering new taxation strategy for retailers

In a bid to streamline tax collection, the Federal Board of Revenue (FBR) is contemplating the implementation of a fixed tax system ranging from Rs1,000 to Rs5,000 per month for 3.6 million retailers nationwide.