Business
Business
Sharp Drop in Profit and Dividend Repatriation in Pakistan
The State Bank of Pakistan (SBP) data indicates the repatriation of profits and dividends on foreign investments in Pakistan experienced…
FBR Misses Revised Tax Collection Target for Fiscal Year 2022-2023 by Rs75 Billion
In the recently concluded financial year, the Federal Board of Revenue (FBR) fell short by Rs75 billion in reaching its…
The second Shipment of Discounted Russian Crude Oil Arrives in Karachi
On Tuesday, a second shipment of 55,000 tonnes of discounted Russian crude oil arrived at Karachi port. The ship's docking,…
Pakistan Government Introduces New Taxation Measures in Finance Act 2023
The Pakistani government has launched new taxation measures via the Finance Act 2023 to reinvigorate the International Monetary Fund programme.…
Finance Bill 2023-2024 Gets Final Approval from Acting President Sadiq Sanjrani
Acting President Sadiq Sanjrani ratified the Finance Bill 2023-2024 on Monday, paving the way for it to take effect on…
Pakistan Stock Exchange Soars Amid Anticipation of IMF Deal
The financial tides seem to be turning favorably for Pakistan as the country's premier trading platform, the Pakistan Stock Exchange…
Pakistan Rupee Outlook Amid Removal of Import Restrictions and IMF Negotiations
The Pakistani rupee is predicted to remain stable, fluctuating based on importers' demand for the dollar. This follows the State…
Pakistan’s Inflation Rises to 34.05% Annually, Weekly Increase of 0.33%
According to the Pakistan Bureau of Statistics, inflation in Pakistan remained high, reaching 34.05% annually. On a weekly basis, inflation…
Indus Motor Company Halts Production Due to Insufficient Inventory
The Indus Motor Company (IMC), Toyota's manufacturing arm in Pakistan, has decided to shut down its plant for two days…