News & Updates

2024-07-12 00:00:00
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Short-Term Inflation Remains Above 23% Due to Higher Food, Electricity Prices

The short-term inflation remained above 23 percent year-on-year in the week ending July 11 amid an i...
2024-07-12 00:00:00
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Issue of $800 Million Pending Dues From Etisalat to be Resolved by November: Secretary Privatization

Ministry of Privatization Secretary Jawad Paul told the Senate Committee on Privatization on Friday...
2024-07-12 00:00:00
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Gold Price in Pakistan Surges Towards Rs. 250,000 Per Tola Mark After Another Increase

The price of gold in Pakistan posted its third straight increase this week on Friday to close in on...
2024-07-12 00:00:00
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FTO Wants FBR to Have Access to Bank’s Software for Monitoring of Withholding Taxes

Federal Tax Ombudsman (FTO) has recommended Federal Board of Revenue (FBR) to give access of softwar...
2024-07-12 00:00:00
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Indus Motor to Temporarily Halt Production Due to Parts Shortage

Indus Motor Company Limited (PSX: INDU) announced an eight day plant shut down on Friday. In a notic...
2024-07-12 00:00:00
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Rightsizing Committee Summons Performance Reports of 5 Key Ministries

The Right-Sizing Committee of the federal government has initiated the first phase of its institutio...
2024-07-12 00:00:00
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PSX Crashes By Over 1,700 Points After Supreme Court Decision [Updated]

Bulls vanished and bears wrecked the Pakistan Stock Exchange (PSX) after mid-session break today, wi...
2024-07-12 00:00:00
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Govt to Consult Telcos CEOs Prior to 5G Spectrum Auction

In a recent meeting chaired by Finance Minister Muhammad Aurangzeb, the Auction Advisory Committee r...
2024-07-12 00:00:00
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IMF and Pakistan to Continue Discussions on Policy Goals and Actions For New Loan Program

The International Monetary Fund (IMF) will continue to discuss policy goals and actions that could f...
2024-07-12 00:00:00
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Unemployment Rises to 10.3% in Pakistan

The unemployment rate in Pakistan has risen to 10.3 percent, Finance Secretary Chaudhry Imdad Ullah...
2024-07-11 00:00:00
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Pakistan, Azerbaijan Agree to Enhance Investment Volume Up to $2 Billion

Pakistan and Azerbaijan have agreed to enhance the bilateral investment level up to $2 billion in mu...
2024-07-11 00:00:00
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PARCO Seeks Govt’s Help in Sales Tax Refunds

Finance Minister Muhammad Aurangzeb met the Executive Vice President Oceania & South Asia PARCO Mehm...
2024-07-11 00:00:00
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Military Given One Year to Overhaul its Pension Structure: Finance Minister

Finance Minister Muhammad Aurangzeb Thursday said that the pension structure of the military is uniq...
2024-07-11 00:00:00
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Yango Celebrates a Year of Transformative Operations in Pakistan

The international ride-hailing service Yango, a part of the global tech company Yango Group, proudly...
2024-07-11 00:00:00
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SBP Reserves at 2-Year High After Another Weekly Increase

The foreign exchange reserves held by the State Bank of Pakistan (SBP) hit the highest level since J...
2024-07-11 00:00:00
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FBR Set to Finalize Monthly Tax Slabs Under Tajir Dost Scheme

The final round of talks between the traders and the Federal Board of Revenue’s (FBR) field formatio...
2024-07-11 00:00:00
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Electricity Meter Price for Solar Systems Increased by 50% in Lahore

The cost of meters for connecting to the solar system under the Lahore Electric Supply Company (LESC...
2024-07-11 00:00:00
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SBP Amends Policy to Facilitate Export-Oriented IT Companies

The State Bank of Pakistan (SBP) has revised Foreign Exchange Manual (FEM) to facilitate export-orie...
2024-07-11 00:00:00
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Govt to Provide Free Solar Panels to Poor Families in Khyber Pakhtunkhwa

The Khyber Pakhtunkhwa (KP) government will provide free two-kilowatt solar panels to poor families,...
2024-07-11 00:00:00
Admin

FTO Concerned by FBR’s Excessive Valuation of Immovable Properties

Federal Tax Ombudsman (FTO) has expressed serious concern over excessive valuation of immovable prop...

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