Business
Business
2024-25 Budget: Federal Govt Targets Rs 60 Billion Recovery from Tobacco Sector
The federal government has resolved to intensify its fight against cigarette smuggling in the 2024-25 budget, aiming to recover an…
AirSial to Expand International Flight Operations with New Aircraft Fleet
AirSial, Pakistan’s third private airline, has decided to expand its international flight operations. The airline plans to acquire five new…
Government to Slash Petroleum Prices by Up to Rs12 from June 15
The government may reduce petroleum prices by up to Rs12 per litre starting June 15, following a $5.14 decrease per…
PSX Plunges Over 600 Points Amid Tax Increase Concerns
The Pakistan Stock Exchange (PSX) experienced a significant downturn on Friday, with the KSE-100 index dropping over 600 points during…
Electricity Rates Surge by Rs3.33 per Unit, NEPRA Confirms
The National Electric Power Regulatory Authority (NEPRA) has declared an increase in electricity tariffs by Rs3.33 per unit, which will…
ADB Grants $250 Million to Enhance Public-Private Partnerships in Pakistan
The Asian Development Bank (ADB) approved a $250 million loan, aiming to transition the funding of significant projects from public…
Nepra Sets 14 Percent Markup on Delayed Electricity Bill Payments
Consumers now face the highest-ever electricity tariffs. Those experiencing financial hardship and seeking instalment plans to manage their bills must…
Pakistan Plans Tax Rate Increase to 14%, Aims for Export-Driven Growth
At the Pak-China Business Conference in Shenzhen, China, Senator Mohammad Ishaq Dar, Pakistan's Federal Minister for Finance and Revenue, announced…
Pakistan’s Finance Minister Signals Potential Rate Cut by State Bank
Finance Minister Muhammad Aurangzeb expressed optimism about a potential reduction in the State Bank of Pakistan's (SBP) key policy rate…