Business
Business
Pakistan Government Evaluates IMF-Recommended Sales Tax on Medicines
The federal government of Pakistan is evaluating a proposal the International Monetary Fund (IMF) recommended to implement a sales tax…
Gold Hits Record High After Iranian President’s Death
The price of gold hit a record high on Monday due to the shock death of Iranian President Ebrahim Raisi…
Ogra Proposes 10% Cut for SNGPL and 4% Cut for SSGC Gas Prices
After determining the revenue needs for 2024-25, the Oil and Gas Regulatory Authority (Ogra) proposed reducing gas prices for Sui…
Pakistan Power Tariff Likely to Increase by Rs 3.49 per Unit in June 2024
Pakistani consumers may experience an increase in their electricity tariffs, with a proposed rate hike of Rs 3.49 per unit…
Government Reaffirms Commitment to Solar Net-Metering Policy,
Federal Minister for Energy Awais Ahmad Khan Leghari announced that the government will not end the solar net-metering policy. His…
IMF Proposes Tax on Pensioners in Pakistan
The International Monetary Fund (IMF) has proposed that Pakistani authorities implement a tax on monthly pensions that exceed Rs 100,000.…
Pakistan Plans Gross Metering Policy Shift, Impacting Solar Users
Complying with International Monetary Fund (IMF) directives, the Pakistani government has outlined its plan to overhaul the existing net metering…
Adidas Introduces More Affordable Versions of Iconic Samba Sneakers
Adidas CEO Bjorn Gulden says the company is introducing more affordable versions of its iconic three-striped sneaker, such as the…
Weekly Inflation in Pakistan Shows Decline Despite Yearly Rise
The Sensitive Price Indicator (SPI) showed a 1.06 per cent decrease in weekly inflation for the combined consumption groups as…