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ISLAMABAD: The government is considering slapping a Windfall Tax on the profits of the banking sector in the range of 50% to 70% similar to the...
Brent futures and US crude falls by more than 4%.Concern about oversupply continue to cloud the oil market.Dollar weakens on Wednesday after big gains in the...
Gold was unstoppable on Wednesday too as it nailed yet another life-high with its safe-haven appeal growing stronger amid rupee depreciation and a dollar dearth. According to...
ISLAMABAD: The government may impose a flood levy ranging from 1-3% on all imports through a presidential ordinance keeping in consideration a waiver to basic food items and raw...
The Economic Coordination Committee (ECC) of the Cabinet has greenlighted the export of 250,000 tonnes of sugar with the condition that the Pakistan Sugar Mills Association (PSMA) ensures...
Under Prime Minister Shehbaz Sharif’s relief package, essential food items will be provided at subsidised rates at the Utility Stores Corporation (USC) outlets across the country...
For much of the global economy, 2023 is going to be a tough year as the main engines of global growth — the United States, Europe...
Finance Minister Ishaq Dar has directed the Federal Board of Revenue (FBR) to make all possible efforts to achieve the true tax potential in the country...
KARACHI: The State Bank of Pakistan (SBP) has raised the export financing markup rates by 200 basis points in line with the key policy rate, The News reported Friday. In a...
KARACHI: Russia has made an offered to provide blended crude oil to Pakistan as the country’s refining sector is not able to process crude oil of one specification, The...
