BUSINESS
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IMF rejects FBR’s request to lower transaction taxes on property sector
The International Monetary Fund (IMF) has ultimately declined the Federal Board of Revenue's (FBR) request to lower transaction taxes for...
FBR recovers record Rs34.5 bln windfall tax from banks in a month
The federal government has recovered a staggering amount of Rs34.5 billion in windfall tax from banks in a month. The...
Pakistan’s electricity production reaches lowest level
Pakistan’s electricity production has reached its lowest level in five years on a year-to-year basis despite government support and a...
Govt caps sugar price at Rs164 per KG
Deputy Prime Minister and Foreign Minister Mohammad Ishaq Dar on Wednesday said that sale of sugar at price of Rs178-180...
WB approves $102 million for microfinance project in Pakistan
he World Bank (WB) on Wednesday approved $102 million in financing for the Resilient and Accessible Microfinance (RAM) Project in...
IMF conditionally ‘agrees’ to Pakistan’s circular debt management plan
The International Monetary Fund (IMF) on Tuesday conditionally agreed to Pakistan’s circular debt management plan. According to sources, the authority...
Sharjeel Memon orders strict action against charging excessive fares during Eidul Fitr
Sindh Transport Minister Sharjeel Memon on Monday ordered strict action against transporters charging excessive fares during Eidul Fitr 2025. Eidul...
Pakistan-IMF agree on Staff Level agreement
Pakistan and the International Monetary Fund (IMF) have made ‘significant’ progress toward reaching a Staff Level Agreement (SLA) on the...
Energy from Thar coal cheaper than hydro power, says CEO SSRL
Sino Sindh Resources Pvt Ltd (SSRL) Chief Executive Officer Li Jigen has stated that the power generation cost from Block-1...
IMF urges Pakistan to refrain from granting tax exemptions to international investers
The International Monetary Fund (IMF) urged the Pakistan’s Special Investment Facilitation Council (SIFC) to refrain from granting tax exemptions to...
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