KARACHI: The proposal for doubling tax collection from business individuals and salaried person will hurt the middle and upper middle income groups. Ateeq ur Rehman, an economic and financial analyst,…
In October 2023, Pakistan experienced a noteworthy surplus in its current account, signaling a positive shift attributed to a notable surge in exports and remittances, coupled with a slight decrease…
Israel’s offensive has killed close to 19,000 people, according to Gaza health authorities, and left thousands buried in the rubble CAIRO/GAZA/OCCUPIED JERUSALEM: Israel appeared to confirm that new negotiations were…
WASHINGTON: Fed flags end of rate hikes the Federal Reserve held interest rates steady on Wednesday and signaled in new economic projections that the historic tightening of U.S. monetary policy…
Governor of State Bank of Pakistan (SBP) Jameel Ahmad urged banks to ensure easy, timely and hassle-free access of farmers to all financial services. In a recent statement from the…
KARACHI: Faysal Bank Limited (FBL) and Boltay Huroof marked the International Day of Persons with Disabilities (PWDs) by pioneering Braille inclusive hiring forms. At a prestigious event hosted at FBL,…
Approximately 21.5% of the total volume constitutes Pakistan’s largest export market, as stated by the Chief of Army Staff (COAS) in the United States. ISLAMABAD: General Syed Asim Munir, COAS…
KARACHI: Tax The International Monetary Fund (IMF) resident representative in Pakistan on Friday denied media reports that the lending body is planning to ask Pakistan to increase taxes on salaries…
Second review under IMF s $3 billion Stand-By Arrangement (SBA) is expected to take place in February 2024 ISLAMABAD: Ministry of Finance (MOF) has asked all Ministries/ Divisions and entities…
Karachi Stock Exchange Turns Red as Profit-Taking Dominates After a Promising Start This passage provides a detailed overview of the financial performance of the Pakistan Stock Exchange, particularly the KSE-100…
