Business

Business

Federal Government Halts Additional Taxes on Solar Energy Users

The federal government has ceased imposing extra taxes on solar energy users and has called for a comprehensive review of…

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Pakistan, IMF Reach Staff-Level Agreement on EFF New $1.3b RSF Fund

The International Monetary Fund (IMF) and Pakistan have successfully concluded the first review of Pakistan's Extended Fund Facility (EFF) and…

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Sindh Reports 37% Growth in Mid-Year Tax Collection

Sindh's tax collection has risen by 37%, achieving over half of the annual target with Rs312 billion collected in just…

2 Min Read

Salaried Class Pays Rs331 Billion in Taxes, Outpaces Retailers

Pakistan’s salaried class paid a staggering Rs331 billion in income taxes from July to February this fiscal year, dwarfing retailers’…

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PSX Plunges 2,000 Points as IMF Tariff Concerns Spook Investors

The Pakistan Stock Exchange (PSX) suffered a sharp reversal on Monday, with the benchmark KSE-100 index plummeting 2,002.55 points (1.69%)…

3 Min Read

India Scraps $23 Billion Manufacturing Incentive Program

India’s government, led by Prime Minister Narendra Modi, has decided to end a $23 billion initiative to boost domestic manufacturing.…

4 Min Read

Gold Prices Drop for Second Consecutive Day

Gold prices declined for the second consecutive day in both international and local markets. In the international bullion market, the…

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IMF Proposes Rs 15 Trillion Tax Target for Pakistan’s Next Budget

The International Monetary Fund (IMF) has proposed a tax target of over Rs 15 trillion for Pakistan in the upcoming…

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Pakistan Stock Exchange Sees Slight Decline as KSE-100 Drops by 0.28%

The Pakistan Stock Exchange (PSX) experienced a slight downturn on Friday, with the KSE-100 Index falling by 327.60 points, or…

3 Min Read