BUSINESS
IMF wants tax burden on non-salaried, salaried class increased
The International Monetary Fund (IMF) has proposed the Federal Board of Revenue (FBR) to double the tax burden for salaried and...
SBP forex reserves dip below $8bn amid debt woes
The foreign exchange reserves held by the central bank fell by $63 million to $7.950 billion in the week ending...
India’s basmati rice exports to fall as Pakistan’s surge
India's basmati rice exports are likely to fall in 2024 after nearing a record high last year, as rival Pakistan...
Pakistan’s rating likely to be upgraded if govt’s liquidity risks fall, Moody’s
Bloomberg reported that the Bank of America (BofA) raised its recommendation for Pakistan dollar bonds to overweight from market-weight, citing falling...
Nepra approves Rs7 per unit hike for March before formation of new Govt
In a blow to the inflation-weary masses, the National Electric Power Regulatory Authority (Nepra) has approved a Rs7.0562 per unit...
Pakistan mulls options to increase IMF bailout package $8 billion
Pakistani authorities are mulling options to augment the upcoming International Monetary Fund (IMF) bailout package from $7.5 to $8 billion...
Gold rates go up in Pakistan
The rates of per tola 24 karat gold increased by Rs 1,000 and was sold at Rs 215,100 on Saturday...
IMF rejects Imran Khan’s demand, says ready to work with new Pakistani govt
The International Monetary Fund (IMF) has expressed willingness to work with the new Pakistani government while ignoring Pakistan Tehreek-e-Insaf (PTI)...
Pakistan inks deal to export skilled workers to Saudi Arabia
SAPM Jawad Sohrab Malik has signed an agreement recently with NESMA & Partners for the export of skilled Pakistani labor...
Karachi customs foils bid to smuggle counterfeit currency
The customs authorities at Jinnah International Airport thwarted an attempt to smuggle counterfeit dirhams to Sharjah, VOS News reported on...
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