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IMF Demands Additional Monthly Taxes of Rs. 10.3 Billion After Noticing Shortfall for July-September
The International Monetary Fund (IMF) has called on Pakistan to introduce new monthly taxes amounting to Rs. 10.3 billion due to a tax...
Govt to Impose 7 New Taxes if Revenue Misses Target by 1%
The government has agreed with the International Monetary Fund (IMF) to introduce seven new taxes during the fiscal year 2024-25 if revenue collection...
Retail Payments in Pakistan See 35% Growth in FY 2023-24
The State Bank of Pakistan (SBP) reported significant progress in the national payment system during FY 2023-24. Retail payments saw a major boost,...
World Bank Report on Pakistan’s Economy Released
The World Bank has released a report highlighting key issues in Pakistan’s economy, noting a rise in the poverty rate. According to the...
State Bank Reserves Strengthen Further, Up $100 Million in One Week
The foreign exchange reserves held by the State Bank of Pakistan (SBP) posted an increase of $106 million on a weekly basis according...
Finance Minister Reveals Rs. 128 Billion Sales Tax Evasion in the Country
During a press conference with the Chairman of the Federal Board of Revenue (FBR), Finance Minister Muhammad Aurangzeb revealed that Rs. 128 billion...
24-Karat Gold Price Drops by Rs. 500, Now at Rs. 271,200 Per Tola
The price of 24-karat gold per tola dropped by Rs. 500, bringing it down to Rs. 271,200. The price for 10 grams of...
5 IPPs End Contracts, Gov to Save Rs. 411 Billion, Owais Leghari
The National Task Force was established to bring reforms to the power sector, with members including Energy Minister Owais Leghari, army officials, and...
Car Sales in Pakistan Hit 10,297 Units in September, Marking 24% Growth
Car sales in Pakistan, as reported by PAMA, surged to 10,297 units in September 2024, reflecting a 24% year-on-year (YoY) increase and an...
Pakistan Stock Exchange Sees Decline After 5 Consecutive Bullish Sessions
After five sessions of continuous gains, the Pakistan Stock Exchange ended with a negative trend due to market fluctuations. The 86,000-point level was...
