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FBR Announces Tax Rates for Filers and Non-Filers for Fiscal Year 2023-2024
The Federal Board of Revenue (FBR) has established tax rates for tax filers and non-filers effective from July 1, 2023,…
IMF Prepares to Evaluate $3 Billion SBA for Crisis-stricken Pakistan
As the International Monetary Fund (IMF) prepares for its executive board meeting to evaluate and potentially approve a $3 billion…
Saudi Arabia Hikes Crude Oil Prices for Asian Customers in August
Saudi Arabia, the world's leading oil exporter, has announced an increase in most of its crude oil prices to Asian…
SBP’s Foreign Exchange Reserves Reaches $4.46Bn Amid IMF Deal
Pakistan has witnessed significant growth in its foreign exchange reserves held by the central bank. According to the State Bank…
Predicted Fluctuations in Pakistani Rupee Exchange Rates and Economic Forecasts
According to predictions by Trading Economics' global macro models and expert forecasts, the Pakistani rupee (PKR) is anticipated to reach…
Kia Lucky Motors Announces Major Price Hike on Car Models”
Kia Lucky Motors has declared a significant price hike for various models of Kia vehicles, effective from July 5, 2023,…
Pakistan’s Default Risk Drops Following Successful $3B IMF Deal
Pakistan's risk of default, indicated by credit default swaps (CDS), has decreased to a six-month low of 46.76% following the…
DRAP Urges Medicine Barcode Implementation to Curb Counterfeit Drugs
The national medicines regulatory body has mandated that all pharmaceutical companies and drug importers incorporate 2-D barcodes on their medicine…
Pakistan’s Power Sector Grapples with Escalating Circular Debt
Pakistan's power sector has been grappling with mounting circular debt, reaching Rs2.646 trillion by May 2023. According to a report…