Business

Gold prices drop by Rs600 to Rs274,900 per tola

Gold prices drop by Rs600 to Rs274,900 per tola

ISLAMABAD: The per tola price of 24 karat gold decreased by Rs600 and was sold at Rs274,900 on Tuesday compared…
FTO establishes special helpdesk to facilitate taxpayers in filing returns

FTO establishes special helpdesk to facilitate taxpayers in filing returns

ISLAMABAD: Federal Tax Ombudsman (FTO) Dr Asif Mahmood Jah on Tuesday established taxpayer facilitation helpdesk at its headquarters in collaboration…
With IMF deal on horizon, ADB forecasts Pakistan’s 2.8% GDP growth in FY25

With IMF deal on horizon, ADB forecasts Pakistan’s 2.8% GDP growth in FY25

ISLAMABAD: As the country looks to secure the approval of the International Monetary Fund’s (IMF) executive board’s approval of a fresh…
PM confirms IMF deal in final stages as Pakistan agrees to tough conditions

PM confirms IMF deal in final stages as Pakistan agrees to tough conditions

Prime Minister Shehbaz Sharif has confirmed that the agreement with the International Monetary Fund (IMF) is in the final stages of…
Five IPP owners directed to terminate PPAs or face consequences

Five IPP owners directed to terminate PPAs or face consequences

ISLAMABAD: Owners of four independent power producers (IPPs) set up under the 1994 policy and another, established under the 2002…
FBR mulls slapping Rs1 million fine, among other penalties, on tax evaders

FBR mulls slapping Rs1 million fine, among other penalties, on tax evaders

ISLAMABAD: Amid the incumbent government’s strenuous efforts to address the country’s financial woes, the Federal Bureau of Revenue (FBR) is…
No extension in Sept 30 deadline for filing tax returns: FBR

No extension in Sept 30 deadline for filing tax returns: FBR

ISLAMABAD: The Federal Bureau of Revenue (FBR) on Saturday announced that it will not be extending the September 30 deadline set…
Govt announces Rs10 per litre cut in petrol price

Govt announces Rs10 per litre cut in petrol price

The government has announced a Rs10 per litre cut in the price of petrol owing to a drop in fuel…
Pakistan ‘seeks’ $1.2bn Saudi oil facility for 12 months

Pakistan ‘seeks’ $1.2bn Saudi oil facility for 12 months

ISLAMABAD: In a bid to bridge the $2-2.5 billion financing gap pointed out by the International Monetary Fund (IMF) for…
Negotiations underway with IPPs to slash power tariffs as current rates unaffordable: Leghari

Negotiations underway with IPPs to slash power tariffs as current rates unaffordable: Leghari

The coalition government led by the PML-N is renegotiating contracts with independent power producers (IPPs) to rein in “unsustainable” electricity…
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