Business
IMF agrees to defence budget hike, tax relief for salaried class
June 3, 2025
IMF agrees to defence budget hike, tax relief for salaried class
ISLAMABAD: The International Monetary Fund (IMF) has agreed to two major demands from Pakistan regarding the upcoming fiscal year’s budget:…
Govt decides to impose Rs2.5 carbon levy on petrol, diesel in upcoming budget
June 3, 2025
Govt decides to impose Rs2.5 carbon levy on petrol, diesel in upcoming budget
ISLAMABAD: The federal government has decided to impose a carbon levy of Rs2.5 per liter on petroleum products in the…
Provinces bound to get cabinets’ approval to collect GST on services
June 3, 2025
Provinces bound to get cabinets’ approval to collect GST on services
ISLAMABAD: All four provinces are bound to get approval from their cabinets and provincial assemblies to collect General Sales Tax…
Federal govt plans to allocate Rs1tr for uplift projects in FY26
June 3, 2025
Federal govt plans to allocate Rs1tr for uplift projects in FY26
The federal government plans to allocate Rs1 trillion for development spending under the Public Sector Development Programme (PSDP) in the…
Pakistan mulls new regulator to oversee digital finance, crypto ecosystem
June 3, 2025
Pakistan mulls new regulator to oversee digital finance, crypto ecosystem
KARACHI: Pakistan is mulling a new virtual asset regulator to oversee digital finance and cryptocurrency ecosystem in the country, it…
PSX soars to all-time peak ahead of budget as momentum builds
June 3, 2025
PSX soars to all-time peak ahead of budget as momentum builds
Stocks rallied on Tuesday to a record close as investors tracked developments related to the upcoming federal budget and national…
Oil rises on Iran, Russia and Canada supply concerns
June 3, 2025
Oil rises on Iran, Russia and Canada supply concerns
SINGAPORE: Oil prices rose in early Asia trade on Tuesday on concerns about supply, with Iran set to reject a…
Dollar holds near six-week low as trade war wears on US economy
June 3, 2025
Dollar holds near six-week low as trade war wears on US economy
TOKYO: The dollar fell to a six-week low on Tuesday on signs of fragility in the U.S. economy because of…
Gold retreats from near four-week peak as dollar ticks up
June 3, 2025
Gold retreats from near four-week peak as dollar ticks up
Gold prices fell on Tuesday, retreating from near a four-week high, as a modest rise in the dollar weighed on…
IMF ‘asks’ Pakistan to impose carbon levy on petrol, diesel
June 2, 2025
IMF ‘asks’ Pakistan to impose carbon levy on petrol, diesel
ISLAMABAD: Petrol and diesel are likely to get more costlier in the upcoming budget 2025-26 as the International Monetary Fund…