PSX crosses historic milestone of 69000 points today
Karachi: Pakistan Stock Exchange (PSX) benchmark KSE-100 index crossed the milestone of 69,000 points for the first time in history on Monday. The market continued...
Workers’ remittances record $3 bn inflow in March 24
ISLAMABAD: The overseas workers’ remittances recorded an inflow of US$3 billion during March 2024, the State Bank of Pakistan on Monday said. In terms of...
Gold price upticks by Rs 600 per tola
ISLAMABAD:The per tola price of 24 karat gold witnessed an increase of Rs 600 and was sold at Rs 245,700 on Monday. The price of...
CRD demand action against tobacco companies on violation of tax laws
Islamabad: The Centre for Research an FCd Dialogue (CRD) has asked the finance minister for action against violation of the country’s tax laws by multinational...
Gold rate surge again by Rs.2,200 per tola
KARACHI: In the gold market the price of gold increased again by Rs.2,200 per tola. With the increase of Rs.2,200, the rate of gold became...
Govt urged to focus on increasing FED on tobacco instead of GST on fuel
ISLAMABAD,: Aurat Foundation has advocated for a 26 percent Federal Excise Duty (FED) increase on cigarettes instead of burdening the public by imposing GST on...
Global lender approve $1.1billion tranche for Pakistan
ISLAMABAD: International Monetary Fund (IMF) ratify $ 1.1 billion for Pakistan expected to be held by the end of April. IMF’s Director of Communications Kozack...
Dollar value dip by 12 paisa against Pak rupee.
KARACHI: The price of the US Dollar decreased by 12 paisa against Pakistani rupee in the interbank. In the currency market the value of dollar...
PSX crosses historic benchmark of 68,000 points
KARACHI: Pakistan Stock Exchange crossed the milestone of 68,000 points for the first time in history as the PSX 100 index traded up 660 points...
Gold rates up by Rs.2,200 per tola
ISLAMABAD: The per tola price of 24 karat gold witnessed an increase of Rs 2,200 and was sold at Rs 241,100 on Thursday. The price...
Speakers urge uptick in FED on cigarettes to mitigate pervasive health hazards
Islamabad: Speakers at a seminar highlighted the impact of increase on tobacco taxation and its effect on health cost, economic and social factors and demanded...
PM stresses need to focus on attracting,retaining top talent, vital for investments
Islamabad: Prime Minister Shehbaz Sharif has stressed the need to focus on attracting and retaining top talent, which is vital for attracting and retaining investments...
Gold rates up by Rs.1,800 per tola
ISLAMABAD: The per tola price of 24 karat gold witnessed an increase of Rs 1,800 and was sold at Rs 238,900 on Wednesday. The price...
PSX stays bullish, gains 869 points
ISLAMABAD: The 100-index of the Pakistan Stock Exchange (PSX) continued with bullish trend on Wednesday, gaining 869.77 points, a positive change of 1.30 percent, closing...
Rupee gains 06 paisa against dollar in open market
ISLAMABAD: Pakistani Rupee on Wednesday witnessed a devaluation of 08 paisa against the US dollar in the inter-bank trading and closed at Rs 277.91 On...
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Health activists stress importance of Tobacco Tax increase for Public Relief on essential commodities
Islamabad: Health activists emphasized the critical need for the government to prioritize health and economic agendas by increasing taxes on cigarettes. In a press release...
PSX witnesses mixed trend on the second day of business week.
KARACHI: Pakistan Stock Exchange seen mixed trend on the second day of business week. On the second day of business week Pakistan Stock Exchange witnessed...
Dollar value decline by 10 paisa in interbank
KARACHI: US dollar decreased by 10 paisa in the inter bank to Rs.277.84 In the currency market dollar value dip by 10 paisa against Pakistani...
Gold rates dip by Rs.500 to Rs 237,100 per tola
ISLAMABAD:The per tola price of 24 karat gold witnessed a decrease of Rs 500 and was sold at Rs 237,100 on Tuesday as compared to...
Dollar value slashes slightly against Pakistni Rupee
KARACHI: US dollar value decreased against Pakistani rupee in the inter bank. In the interbank dollar value declined by 1 paisa against Pakistani rupee and...
Gold price upticks by Rs 2800 per tola
Karachi:The per tola price of 24 karat gold witnessed an increase of Rs 2,800 and was sold at Rs237,600 on Monday. The price of 10...
Domestic Cylinder of LPG slashes by Rs.76.9
ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has made domestic cylinders of Liquefied Petroleum Gas (LPG) cheaper. A notification has also been issued by...
Petrol price surge by Rs.9.66 P/L
ISLAMABAD: The federal government increased the price of petrol by Rs9.66 per litre for the next fortnight in line with a surge in international crude...
FBR issues notification of Special Procedure 2024 for taking monthly tax from businessmen
Islamabad: The Federal Board of Revenue (FBR) has issued a notification of businessmen friendly special procedure 2024. Under the scheme the registration of businessmen and...
FBR set to rope in jewelers, fruits and meat sellers, grocery shops into tax net
ISLAMABAD: Five categories of retailers are going to be brought into tax net through Tajir Dost Scheme with effect from April 1, 2024. The Federal...
Petrol price is likely to be increased in the month of 1st of April.
ISLAMABAD: The government planning to hike petrol price by Rs.10 per liter owing to increase in international rate. During the last two weeks, US Brent...
PSX index highly volatile on the last day of business week
KARACHI: In the last day of business week Pakistan Stock Exchange seen mixed trend. Pakistan Stock Exchange witnessed mixed trend on the last day of...
Pakistani Rupee get stronger against US dollar
KARACHI: The value of dollar decreased by 8 paisa in the interbank. In the currency market Pakistani rupee become stronger against US dollar by 8...
Huge increase in the rate of Gold, Rs.3800 per tola
KARACHI: Gold rate increase again in Pakistan, Rs.3800 per tola to Rs.234,800 In the Gold market, gold became more expensive by increased Rs.3800 per tola...
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...
Gold prices stable at yesterday rate
ISLAMABAD:The per tola price of 24 karat gold witnessed no change and was traded at Rs.228,200 on Monday, today in the local market. The price...