Business

FBR shifts tax cases of 63 major companies to strengthen oversight

FBR shifts tax cases of 63 major companies to strengthen oversight

KARACHI: The Federal Board of Revenue (FBR) has transferred tax cases of 63 major companies into its direct jurisdiction in…
PSX hits record high as KSE-100 crosses 183,000 points

PSX hits record high as KSE-100 crosses 183,000 points

KARACHI: The Pakistan Stock Exchange (PSX) has maintained its impressive momentum on Monday, setting new records due to a positive…
Gold price increases by Rs9,200 per tola

Gold price increases by Rs9,200 per tola

ISLAMABAD: Gold prices surged sharply, pushing rates higher once again in both international and local markets. In the international bullion…
Oil slips as global supplies counter upheaval in Venezuela

Oil slips as global supplies counter upheaval in Venezuela

SINGAPORE: Oil prices drifted lower on Monday, as adequate global supplies offset concerns about supply disruptions after the United States…
LESCO recovers Rs1.5 billion from defaulters in six months

LESCO recovers Rs1.5 billion from defaulters in six months

Lahore Electric Supply Company (LESCO), following a zero-tolerance policy, has continued its operation against electricity defaulters on the directions of Chief…
Pakistan FBR achieves record tax collection in December 2025

Pakistan FBR achieves record tax collection in December 2025

Federal Minister for Finance, Muhammad Aurangzeb, lauded the Federal Board of Revenue (FBR) for achieving the highest tax collection in…
Dar expresses satisfaction over stock position of sugar

Dar expresses satisfaction over stock position of sugar

Deputy Prime Minister and Foreign Minister Senator Mohammad Ishaq Dar has expressed satisfaction over the stock position of sugar and…
Progress made on Islamabad International Airport outsourcing after PIA privatization

Progress made on Islamabad International Airport outsourcing after PIA privatization

ISLAMABAD: Following the privatisation of Pakistan International Airlines (PIA), significant progress has been made on the outsourcing of Islamabad International…
Trade deficit crosses $19bn in first half of fiscal year

Trade deficit crosses $19bn in first half of fiscal year

ISLAMABAD: Pakistan’s trade deficit crossed the $19 billion mark during the first six months of the current fiscal year, as…
Pakistan records record urea sales in December, DAP demand surges

Pakistan records record urea sales in December, DAP demand surges

ISLAMABAD: Urea sales in Pakistan reached a record 1.356 million tons in December 2025, marking a 37 percent increase year-on-year…
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