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Tax rate hike in the offing as provinces asked to raise additional revenue

Tax rate hike in the offing as provinces asked to raise additional revenue

ISLAMABAD: The federal government has asked provinces to generate an additional Rs400 billion in revenue during FY2026-27 as part of…
Under Trump pressure, EU eyes deal to end trade standoff

Under Trump pressure, EU eyes deal to end trade standoff

STRASBOURG: The EU hopes on Tuesday to strike a deal towards implementing its nearly year-old trade pact with the United…
Govt seeks bids for privatization of power distribution companies

Govt seeks bids for privatization of power distribution companies

ISLAMABAD: The federal government has invited expressions of interest from investors for the privatization of electricity distribution companies, according to…
Aurangzeb discusses tokenization of sovereign bonds in meeting with PVARA Chairman

Aurangzeb discusses tokenization of sovereign bonds in meeting with PVARA Chairman

ISLAMABAD: Minister for Finance and Revenue Senator Muhammad Aurangzeb on Monday held a meeting with Minister of State and Chairman…
Gold steadies with MidEast conflict in focus after Trump pauses strike

Gold steadies with MidEast conflict in focus after Trump pauses strike

Gold prices were largely steady on Tuesday, as investors ‌took a breather after recent volatility while focusing on developments surrounding…
PSX surges 1,774 points as Trump halts planned Iran attack

PSX surges 1,774 points as Trump halts planned Iran attack

KARACHI: Pakistan Stock Exchange (PSX) rebounded on Tuesday as US-Iran escalation eases following Donald Trump’s decision of halting the planned…
Pakistan weighs tokenization of sovereign bonds, Naya Pakistan Certificates to attract global investment

Pakistan weighs tokenization of sovereign bonds, Naya Pakistan Certificates to attract global investment

The Government of Pakistan is considering the tokenization of sovereign bonds and Naya Pakistan Certificates as part of efforts to…
IMF asks Pakistan to end all sales tax exemptions ahead of budget talks

IMF asks Pakistan to end all sales tax exemptions ahead of budget talks

ISLAMABAD: The International Monetary Fund (IMF) has asked Pakistan to abolish all exemptions and concessions on sales tax as budget…
G7 finance chiefs seek to tackle imbalances as trade strains unity

G7 finance chiefs seek to tackle imbalances as trade strains unity

PARIS: G7 finance ministers gathering in Paris on Monday will try to find common ground on ​tackling global economic tensions…
UN labour agency says Middle East war threatens millions of jobs

UN labour agency says Middle East war threatens millions of jobs

The Middle East war is undermining wages and working conditions way beyond the conflict region, the UN’s International Labour Organization…
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