Business
SBP says tax collection, industrial activity increased in outgoing fiscal year
June 3, 2021
SBP says tax collection, industrial activity increased in outgoing fiscal year
The State Bank of Pakistan has released its second quarterly report on Pakistan’s economy for the fiscal year 2020-21, noting…
Pakistan makes last-ditch efforts to convince IMF to slash petroleum levy
June 3, 2021
Pakistan makes last-ditch efforts to convince IMF to slash petroleum levy
Pakistani authorities are making last-ditch efforts to convince the International Monetary Fund (IMF) to slash the petroleum levy target by…
PSX: KSE-100 remains above 48,000 points despite volatility
June 3, 2021
PSX: KSE-100 remains above 48,000 points despite volatility
The Pakistan Stock Exchange (PSX) on Wednesday had a “volatile” day with the market ending the day at 126 points…
Budget 2021-22: Govt planning to abolish two dozen withholding taxes
June 2, 2021
Budget 2021-22: Govt planning to abolish two dozen withholding taxes
The federal government is planning to abolish two dozen withholding taxes and is mulling over different proposals to do that.…
Electricity prices lowered for April 2021, announces NEPRA
June 2, 2021
Electricity prices lowered for April 2021, announces NEPRA
National Electric Power Regulatory Authority (NEPRA) on Wednesday lowered electricity prices for the month of April 2021 under fuel adjustment…
Rupee depreciates against US dollar
June 2, 2021
Rupee depreciates against US dollar
The Pakistani rupee depreciated 23 paisas against the United States (US) dollar in the inter-bank currency market on Wednesday. According…
Pakistan’s inflation rate eased to 10.87% y/y in May
June 1, 2021
Pakistan’s inflation rate eased to 10.87% y/y in May
According to the statistics bureau, Pakistan’s annual inflation rate slightly eased to 10.87% year-on-year in May. That compared with an…
Pakistan govt aims to raise Rs5.9t to fund budget deficit
June 1, 2021
Pakistan govt aims to raise Rs5.9t to fund budget deficit
The government plans to raise Rs5.9 trillion from auctions of market treasury bills (MTBs) and Pakistan investment bonds (PIBs) in…
FBR achieves 11-month target with Rs4,167b in tax collections
June 1, 2021
FBR achieves 11-month target with Rs4,167b in tax collections
The Federal Board of Revenue (FBR) achieved its 11-month target after it collected Rs4,167 billion in the current fiscal year against…
PM’s initiatives making Pakistan an investor-friendly country
May 31, 2021
PM’s initiatives making Pakistan an investor-friendly country
Through industrial diversification, the long-term economic development of any country is dependent upon its productive material capabilities and the types…