Business

Here’s how much federal government collected in taxes during FY2025

Here’s how much federal government collected in taxes during FY2025

ISLAMABAD: The federal government collected more than Rs13 trillion in taxes and levies during the fiscal year 2025, according to…
Consumers deprived of relief as govt raises petroleum levy by up to Rs4.62

Consumers deprived of relief as govt raises petroleum levy by up to Rs4.62

The federal government has raised the petroleum levy (PL) on petrol by Rs4.62 per litre and Re0.80 on high-speed diesel,…
NESPAK submits detailed designs for entertainment district along River Ravi

NESPAK submits detailed designs for entertainment district along River Ravi

The final plan to develop a 275-acre entertainment district along the River Ravi has been completed, with National Engineering Services…
SBP injects Rs 358.5 billion in the market

SBP injects Rs 358.5 billion in the market

KARACHI: The State Bank of Pakistan (SBP) said it has injected Rs 358.5 billion through Reverse Repo Purchase and Shariah…
Bulls drive PSX to over 3,000 points gain amid renewed investor confidence

Bulls drive PSX to over 3,000 points gain amid renewed investor confidence

KARACHI: Pakistan Stock Exchange (PSX) on Friday staged a strong recovery, snapping days long bearish momentum as increasing forex reserves…
Oil prices extend losses as chance of US strike on Iran recedes

Oil prices extend losses as chance of US strike on Iran recedes

Oil prices fell in Asian trade on Friday, extending losses from the previous session, as concerns about supply risks eased…
Govt revises car import policy, bans imports under personal baggage scheme

Govt revises car import policy, bans imports under personal baggage scheme

ISLAMABAD: The federal government has revised its policy on the import of vehicles from abroad, putting new rules in place…
Pakistan moves swiftly on digital asset regulation, says Bilal Bin Saqib

Pakistan moves swiftly on digital asset regulation, says Bilal Bin Saqib

LONDON: Pakistan’s drive to regulate virtual assets is being hailed as one of the fastest reforms in global digital finance,…
Wheat prices jump sharply across Punjab, flour becomes costlier

Wheat prices jump sharply across Punjab, flour becomes costlier

LAHORE: Wheat prices have increased sharply across Punjab, with rates rising by up to Rs700 per maund, causing concern among consumers as…
US completes first $500m Venezuelan oil sale

US completes first $500m Venezuelan oil sale

The United States has completed its first sale of Venezuelan oil, valued at approximately $500 million. This comes after recent…
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