The Pakistan Tax Bar Association (PTBA) has called on the Federal Board of Revenue (FBR) to set up a dedicated tax office in Gwadar, citing increased economic activity and growing compliance challenges faced by local taxpayers. In a letter to FBR Member (Operations) Hameed Atiq Suroor, the PTBA asserted that the existing facilitation center in … Read more
With demand for Pakistani rice rising due to its quality and aroma, exports are expected to increase by 10% in the first half of the fiscal year 2024-25, according to commodity experts. In November 2024, Pakistani rice exports grew by 17% in quantity and 5.6% in dollar value compared to November 2023. Non-basmati rice exports … Read more
ISLAMABAD: The Kisan Union has issued a strong warning to the government, threatening a massive protest march to Islamabad if the Punjab government fails to raise the wheat support price and take decisive action to curb spiraling input costs that are crippling the agricultural sector. In a press conference on Tuesday, Kisan Union Central President … Read more
Prices of ghee and branded cooking oil in Pakistan rose by up to Rs 100 per kg/litre, to Rs 570, despite a global decline in palm oil costs according to a report by dawn. said a retailer dawn The price of branded ghee and cooking oil rose by Rs 80 per kg/litre to Rs 570. … Read more
IslamabadState Bank of Pakistan Governor Jamil Ahmed expects a temporary rise in inflation over the next three to four months, after a period of relief brought about by policy measures. Speaking on a television program on Monday, Ahmed attributed the expected rise to the “end of fundamental effects” and other upcoming factors. The governor stressed … Read more
Punjab Chief Minister Maryam Nawaz during an event in Lahore, on October 30, 2024. — Facebook/@TheMaryamNSharif Punjab Minister emphasizes joint action to address rising smog. Lahore citizens complain of burning eyes and throat irritation. The minority card will be issued to eligible families. Punjab Chief Minister Maryam Nawaz stressed the importance of cross-border cooperation with … Read more
The Pakistan Stock Exchange (PSX) continued its upward momentum on Tuesday as the benchmark KSE-100 index rose over 1,000 points during intraday trade. According to the PSX website, the market opened higher and the KSE-100 index reached 90,904.56 points with a gain of more than 700 points. At approximately 12:00 noon, the main index was … Read more
KarachiPakistan Refinery Limited (PRL), a subsidiary of Pakistan State Oil Limited (PSO), reported a significant financial loss of INR 2.35 billion for the quarter ended September 30, 2024. This is in stark contrast to the previous year’s profits. – After tax of Rs 4.48 billion for the same period. In a filing to the Pakistan … Read more
Men use their mobile phones as they stand in front of an electronic board displaying stock market prices during a trading session on the floors of the Pakistan Stock Exchange (PSX) in Karachi, on June 12, 2017. — Reuters Stocks are in a volatile state as investors go bullish on index-heavy stocks. Analysts expect a … Read more
Stock brokers watch news on TV in a booth, during a trading session at the Pakistan Stock Exchange, in Karachi, Pakistan July 3, 2023. – Reuters Stocks on Monday surpassed a record high of 84,900, driven by a massive rally in the energy sector and growing optimism about potential interest rate cuts, traders said. The … Read more