falls

FBR falls Rs 356 billion short of five-month tax target amid IMF pressure – Trendy Blogger

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FBR falls Rs 356 billion short of five-month tax target amid IMF pressure – Trendy Blogger

The Federal Board of Revenue (FBR) has failed to meet its five-month tax collection target, missing Rs356 billion, with provisional collections standing at Rs4.28 trillion against the target of Rs4.64 trillion as of November 30. This represents a growth rate of less than 23%, well below the 40% required to achieve the annual target of … Read more

Oil falls by 5% after the limited Israeli retaliatory attack on Iran – Trendy Blogger

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Oil falls by 5% after the limited Israeli retaliatory attack on Iran – Trendy Blogger

Oil prices fell by about $4 a barrel on Monday after Israel’s retaliatory strike against Iran over the weekend bypassed oil and nuclear facilities and did not disrupt energy supplies. By 1445 GMT, Brent crude futures fell $4.13, or 5.43%, to $71.92 per barrel, while US West Texas Intermediate crude futures lost $4.04, or 5.63%, … Read more