Uniform Cigarette Taxation: solution to Economic Losses and Health Concerns
Islamabad – Pakistan has suffered significant economic losses due to the dominance of the cigarette industry, high consumption rates and subsequent health cost over the...
PM calls for joint efforts to check smuggling, power theft, revenue evasion for country’s economic stability
Islamabad: Prime Minister Shehbaz Sharif has called for joint efforts to check smuggling, power theft, revenue evasion and other leakages to put the country on...
Finance Minister stresses reforming tax system to improve country’s economy
Islamabad: Finance Minister Muhammad Aurangzeb has stressed for reforming tax system to improve country’s economy. Addressing Gong ceremony at Pakistan Stock Exchange in Karachi this...
Expert says 26.6% uptick in FED on cigarettes can recover 19.8% healthcare cost of diseases caused by smoking
ISLAMABAD: The Society for the Protection of the Rights of the Child (SPARC) has urged the government to reduce the health cost burden by increasing...
Gold rates up by Rs.1,500 per tola
ISLAMABAD: The per tola price of 24 karat gold witnessed an increase of Rs.1,500 and was sold at Rs.231,000 on Thursday . The price of...
Bullish trend prevails at PSX as it closes at historic level of 67,142,12 points
ISLAMABAD:The 100-index of the Pakistan Stock Exchange (PSX) continued with bullish trend on Thursday, gaining 594.34 points, a positive change of 0.89 percent, closing at...
Bullish trend continues at PSX as it gains 641 points
ISLAMABAD:The 100-index of the Pakistan Stock Exchange (PSX) continued with bullish trend on Wednesday, gaining 641.51 points, a positive change of 0.97 percent, closing at...
Rupee gains 03 paisa against dollar in inter-bank trading
ISLAMABAD:Pakistani Rupee on Wednesday gained 03 paisa against the US dollar in the inter bank trading and closed at Rs 278.04 against the previous day’s...
Gold rates up by Rs.100 to Rs.229,500 per tola
ISLAMABAD:The per tola price of 24 karat gold witnessed an increase of Rs.100 and was sold at Rs.229,500 on Wednesday. The price of 10 grams...
Implementation of IMF proposal for tobocco tax reforms urged
Islamabad: The International Monetary Fund (IMF) has recommended implementing a uniform tax structure on the tobacco industry to increase revenue. The report titled ‘Pakistan –...
Law Minister chairs meeting over tax reforms, tax collection
Islamabad: Minister of Law and Justice Azam Nazeer Tarar says Federal Board of Revenue (FBR) will nominate full time departmental representative for courts. The Minister...
Ahsan for focusing on exports to increase foreign exchange reserves
Islamabad: Minister for Planning and Development Ahsan Iqbal has emphasized the need for focusing on exports to increase foreign exchange reserves. Chairing a meeting of...
PSX bullish trend witnesses with increase of 380 points.
KARACHI: Pakistan Stock Exchange seen bullish trend on the second day of business week. On the second day of the business week, there was a...
Pak Rupee gets stronger against US dollar
KARACHI: The dollar value has become cheap in the currency market In the currency market the dollar has become cheaper against Pakistani rupee by 6...
Gold price shoot up again in Pakistan by Rs.1200 per tola.
KARACHI: Gold rate up by Rs.1200 per tola to Rs.229,400 Gold became expensive again, with an increase of Rs.1200 gold per tola reached to Rs.229,400 ...
Supply of electricity is essential in Gwadar & No delay will be accepted: Ahsan Iqbal
ISLAMABAD: Federal Planning Minister Ahsan Iqbal said that a delay in the power supply to Gwader is not acceptable. Federal Planning Minister Ahsan Iqbal said...
PSX seen positive trend, gain 373 points.
KARACHI: Pakistan Stock Exchange witnessed positive trend on the first day of business week Pakistan Stock Exchange had positive trend on the first day of...
PM directs to make track, trace system functional to prevent tax evasion
Islamabad: Prime Minister Shehbaz Sharif has directed the authorities concerned to make the track and trace system fully functional in all sectors, including tobacco, cement,...
Taxing cigarettes in Pakistan declined smoking by 20 to 25 pc, reveals IMF
ISLAMABAD: The International Monetary Fund (IMF) has revealed that following a significant increase in prices or taxes on tobacco products, the consumption of cigarettes in...
Finance Minister lauds Punjab CM’s measures for social welfare
Lahore: Federal Finance Minister Muhammad Aurangzeb held a meeting with Punjab Chief Minister Maryam Nawaz in Lahore today. During the meeting, they discussed country’ economic...