News & Updates

2024-06-14 00:00:00
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SECP Launches New Scheme to Help Companies Easily File Returns After Deadline

The Securities and Exchange Commission of Pakistan (SECP) has launched a regularization scheme for c...
2024-06-14 00:00:00
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Govt Announces Big Cut in Price of Petrol Ahead of Eid

The federal government Friday announced a cut of Rs. 10.20 per liter in the price of petrol, a day a...
2024-06-14 00:00:00
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UK-based Alif Capital Holdings Acquires Pakistani E-commerce Firm

The Competition Commission of Pakistan (CCP) has approved the acquisition of M/s Alif Innovations (P...
2024-06-14 00:00:00
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PM Announces Rs. 10.7 Per Unit Cut in Electricity Tariff for Industries

Prime Minister Shehbaz Sharif Friday announced a reduction of Rs. 10.69 per unit in price of electri...
2024-06-14 00:00:00
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Senate Body Wants Govt to Protect Motorcyclists from Increase in Petroleum Levy

The Senate Standing Committee on Finance Friday questioned the decision to increase the petroleum de...
2024-06-14 00:00:00
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Pakistan’s Petroleum Imports Remain Stagnant in 11 Months of FY24

Pakistan’s petroleum group imports witnessed a negative growth of 0.28 percent during the first elev...
2024-06-14 00:00:00
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Economic Affairs Ministry, WAPDA Sign $25 Million Loan Agreement for Mohmand Dam Hydropower Project

The Ministry of Economic Affairs (MoEA) and Water and Power Development Authority (WAPDA) signed a S...
2024-06-14 00:00:00
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Pakistan’s Textile Exports Surge to 21-Month High of $1.56 Billion in May

The country’s textile group exports increased by around 1.41 percent during the first eleven months...
2024-06-14 00:00:00
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Short-term Inflation Crosses 23% as Food Prices Remain High

The Sensitive Price Index-based inflation for the week ended June 13, 2024, increased by 1.30 percen...
2024-06-14 00:00:00
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Rupee Ends Budget Week With Gains Against US Dollar

The Pakistani rupee (PKR) gained further ground 2nd day in a row against the US Dollar today after o...
2024-06-14 00:00:00
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New Property Taxes in Budget to Increase Cost Pressures on Construction Sector

The 2024-25 federal budget is expected to have a mixed impact on the construction sector. According...
2024-06-14 00:00:00
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Gold Price in Pakistan Posts Slight Increase as International Prices Rebound

The price of gold in the local market rose by Rs. 800 per tola on Friday due to an increase in inter...
2024-06-14 00:00:00
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Large Scale Manufacturing Grows 0.45% in 10 Months of FY24

The Large Scale Manufacturing (LSM) sector has shown a growth of 0.45 percent during July- April 202...
2024-06-14 00:00:00
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Budget 2024-25: Punjab Announces Rs. 42.5 Billion for School Education

The Punjab government has unveiled a comprehensive budget of Rs42.5 billion for the school education...
2024-06-14 00:00:00
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This Budget Will Help Pakistan Get New IMF Loan: Moody’s

The federal budget 2024-25 will likely support Pakistan’s ongoing negotiations with the Internationa...
2024-06-14 00:00:00
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FBR to Seal Businesses and Restaurants For Refusing Debit/Credit Card Payments

The Senate Standing Committee on Finance and Revenue reviewed the Finance Bill 2024 under the chairm...
2024-06-14 00:00:00
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National Assembly Budget Increased By Rs. 4 Billion

The budget for the National Assembly has been increased by Rs. 4 billion for the next fiscal year. T...
2024-06-14 00:00:00
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Roshan Digital Account Inflows Hit Highest Level in Over 2 Years

Gross foreign exchange inflows through the Roshan Digital Accounts (RDAs) stood at $224 million in M...
2024-06-14 00:00:00
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Govt to Give 104% Higher Power Subsidies

The federal government has drawn up a Rs. 1,190 billion subsidy package for the power sector in the...
2024-06-14 00:00:00
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Senate Panel Calls for Tax Exemption on Mobile Apps For Freelancers to Boost Remittances

The Senate Standing Committee on Finance and Revenue advocated for the removal of all taxes from dig...

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