Business
Pakistan currently has $14.7 billion in foreign exchange reserves.
July 19, 2024
Pakistan currently has $14.7 billion in foreign exchange reserves.
The SBP now holds $9.42 billion in reserves in Pakistan, up US$ 19 million from the last announcement from the…
Eleven companies have indicated their interest in obtaining consultation services for the next 5G spectrum auction.
July 16, 2024
Eleven companies have indicated their interest in obtaining consultation services for the next 5G spectrum auction.
According to a statement, the Pakistan Telecommunication Authority (PTA) solicited bids through advertisements in national and international media, as well…
Pakistani government raises petrol prices
July 16, 2024
Pakistani government raises petrol prices
A recent announcement states that the price of petrol has increased by Rs 9.99 per litre, to Rs 275.60 per…
Cement retailers initiated a nationwide strike in protest against taxation.
July 15, 2024
Cement retailers initiated a nationwide strike in protest against taxation.
Under Section 236H of the Finance Act 2024, the government has raised the withholding tax to 2.5 percent for individuals…
IMF talks: Pakistan “agrees” to impose a tax on income from agriculture
July 11, 2024
IMF talks: Pakistan “agrees” to impose a tax on income from agriculture
For the new lending plan, representatives from the International Monetary Fund (IMF) and Pakistan’s provinces conducted virtual negotiations. The provinces…
Rs 600 more per tola for gold
July 10, 2024
Rs 600 more per tola for gold
In contrast to its sale at Rs245,000 on the previous trading day, the price per tola of 24 carat gold…
IATA requests that Pakistan reverse the recent increase in airfare taxes.
July 10, 2024
IATA requests that Pakistan reverse the recent increase in airfare taxes.
The federal government increased the FED for foreign travel in the 2024–2025 budget. The announcement states that the FED for…
The National Assembly committee has been notified that the privatization process of PIA is nearly finished.
July 9, 2024
The National Assembly committee has been notified that the privatization process of PIA is nearly finished.
According to a statement released today, the Civil Aviation Authority (CAA) presently manages 22 out of 43 airports, which includes…
SalamAir of Oman begins service from Muscat to Islamabad.
July 9, 2024
SalamAir of Oman begins service from Muscat to Islamabad.
Details indicate that when SalamAir’s first aircraft, OV563, with 203 people on board, landed at Islamabad Airport at 2:55 AM,…
The Finance Minister, Aurangzeb, has stated that Pakistan will remain in the IMF cycle until taxes are increased.
July 8, 2024
The Finance Minister, Aurangzeb, has stated that Pakistan will remain in the IMF cycle until taxes are increased.
During an interview with Financial Times, he stated that if we fail to increase our tax revenues, the forthcoming IMF…