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Gold price in Pakistan increases after five days

Gold price in Pakistan increases after five days

After five days of decline, the price of gold in Pakistan and globally showed an upward trend on Saturday.  According…
Solar panels’ tax reduced from 18% to 10%

Solar panels’ tax reduced from 18% to 10%

 Finance Minister Muhammad Aurangzeb on Saturday announced a reduction in sales tax on solar panels from 18 percent to 10…
Govt signs $4.5bn loans with local banks to ease power sector debt

Govt signs $4.5bn loans with local banks to ease power sector debt

Pakistan has signed term sheets with 18 commercial banks for Rs1.275 trillion ($4.50 billion) Islamic finance facility to help pay…
IMF allows import of five-year-old vehicles

IMF allows import of five-year-old vehicles

ISLAMABAD: The International Monetary Fund (IMF) has allowed the Ministry of Commerce to import of five-year-old vehicles. During a meeting…
China floods Brazil with cheap EVs triggering backlash

China floods Brazil with cheap EVs triggering backlash

The world’s largest car-carrying ship – with the equivalent of 20 football fields of vehicles – completed its maiden journey…
95% discount on EV registration as Punjab takes major step against pollution

95% discount on EV registration as Punjab takes major step against pollution

Punjab Excise Department has announced a 95% reduction in registration and token fees for electric vehicles (EVs) and electric bikes.…
Under shadow of Trump warning, Africa pioneers non-dollar payments systems

Under shadow of Trump warning, Africa pioneers non-dollar payments systems

Africa’s push for local currency payments systems – once little more than an aspiration – is finally making concrete gains,…
Pakistan draws five potential buyers for PIA including Fauji Fertilizer

Pakistan draws five potential buyers for PIA including Fauji Fertilizer

ISLAMABAD: In its efforts to sell its struggling national airline, Pakistan has received expressions of interest from five parties, including…
Govt curtails FBR’s arrest powers for tax defaulters

Govt curtails FBR’s arrest powers for tax defaulters

ISLAMABAD: The government has curtailed the Federal Board of Revenue’s (FBR) powers to arrest tax defaulters, aiming to prevent misuse…
FBR to ‘freeze’ bank accounts of non-filers: Langrial

FBR to ‘freeze’ bank accounts of non-filers: Langrial

ISLAMABAD: Federal Board of Revenue (FBR) chairman has said the body will ‘freeze’ the bank accounts of non-filers in the…
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