Business
Business
OICCI Urges Government to Hike Duties on Imported Used Cars
The Overseas Investors Chamber of Commerce and Industry (OICCI) has advised the federal government against exempting imported used cars from…
China and Pakistan to Develop Upgraded Version of CPEC
China is ready to work with Pakistan on an “upgraded version” of the China-Pakistan Economic Corridor (CPEC), said Foreign Minister…
Federal Government Seeks Rs6.51 Increase in Electricity Tariff
The federal government has petitioned the National Electric Power Regulatory Authority (NEPRA) to increase the electricity tariff by Rs6.51 for…
IMF Proposes Australian and Indian Tax Models to Reform Pakistan’s Tax System
The International Monetary Fund (IMF) has recommended two models to harmonize the tax system, advising Pakistan to consider revamping its…
Government Tax on Solar Net Metering: Are New Charges Imminent?
Federal Minister for Power Division Awais Leghari clarified that the government has no intention of imposing taxes on solar net…
PSX Surpasses 75,000 Points Following MSCI Upgrade
The Pakistan Stock Exchange (PSX) surpassed the 75,000-point mark for the first time on Wednesday after MSCI, a global index…
IMF Calls for Rs.7 per Unit Hike in Electricity Tariff to Address Pakistan’s Power Sector Debt
The International Monetary Fund (IMF) has demanded a further increase in electricity prices, citing an additional burden of Rs 150…
SBP Report Highlights Challenges Amidst Signs of Economic Recovery
The State Bank of Pakistan (SBP) highlighted that political instability and erratic economic policies have worsened the country's economic situation…
PM Shehbaz Sharif Announces Comprehensive Privatization Plan for SOEs
Prime Minister Shehbaz Sharif announced Tuesday that Pakistan will privatize all state-owned enterprises except strategic entities. This expands the initial…