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Business
IMF Praises Pakistan’s 2024-25 Budget Amid Strict Fiscal Reforms
The International Monetary Fund (IMF) commended Pakistan on Saturday for its stringent fiscal measures in the 2024-25 budget. During virtual…
Why Are Pakistan’s Textile Mill Owners Exporting Their Used Machinery?
Pakistan's once-thriving textile industry is facing a severe crisis, leading to the export of used machinery to countries like Afghanistan,…
Pakistan Stock Exchange Hits Record High Over 80,000 Points
The Pakistan Stock Exchange (PSX) experienced a significant boost on Friday, surpassing 80,000 points for the first time during the…
PSX Achieves Historic Peak: KSE-100 Index Surges to 78,801 Points
The Pakistan Stock Exchange (PSX) reached a record high on Thursday, with the KSE-100 Index climbing 2.66 percent to hit…
Fitch Forecasts Stabilization of Pakistan’s Inflation and Interest Rate Cuts by 2025
Fitch Ratings expects Pakistan's inflation rate to stabilize at around 12 per cent and further interest cuts. The agency forecasts…
Finance Minister Aurangzeb Calls for Expanded Tax Net, Privatization Moves in Pakistan
Muhammad Aurangzeb, the Federal Minister of Finance, emphasized that while schools and hospitals can operate on donations, a country is…
Remittance Inflows Through Roshan Digital Account Reach $8.055 Billion
Remittances to Roshan Digital Accounts Surge to $8.055 Billion According to recent figures from the State Bank of Pakistan (SBP),…
Telecom Operators in Pakistan Concerned Over 2024 Budget Tax Implications
Pakistan's Telecom Operators Association has voiced concerns about the substantial taxes introduced in the 2024 budget. In a communication to…
FBR Imposes 18% Sales Tax on Flour, Lentils, Sugar, Rice, and spices
The Federal Board of Revenue (FBR) has announced an 18% sales tax on staple food items, including flour, lentils, sugar,…