Gold prices ease by Rs4,150 per tola for second week

Gold prices in the country eased by Rs4,150 (-1.79 percent) per tola last week, falling for the second straight week, while gold...

Govt increases tax rate for salaried class in budget 2023-24

People earning over Rs 300,000/month, to pay at least Rs 36,250 in taxes

Offshore drilling near Karachi coast completed

ISLAMABAD: Offshore drilling near Karachi coast on Indus G-Block (Kekra-1) has finally been completed after four months of hard work. The drilling was...

Cement prices surge to previous levels in Punjab

LAHORE: Cement prices, after witnessing a drop of almost 15pc during the last five months, have started reverting to the previous level in...

Pay and Pension Commission asks government to increase salaries, pensions

ISLAMABAD: After the federal government’s decision to not increase salaries and pensions of its employees, the Pay and Pension Commission has forwarded...

Cement price likely to reduce by Rs14.5 per bag

LAHORE: The price of a 50-kilogramme (kg) cement bag is expected to fall by Rs14.5, as the government has slashed Federal Excise...
IMF-Pakistan

Government, IMF reach consensus to increase salaries, pensions 

LAHORE/ISLAMABAD: The Pakistan government and the International Monetary Fund (IMF) reached a consensus on Tuesday, on not putting a freeze on the...

FBR significantly changes the taxation of capital gains on disposal of immovable property

ISLAMABAD: Federal Board of Revenue (FBR) has made significant changes in the taxation of capital gains on disposal of immovable property.  The changes...
Taxation

New tax rates imposed on property transactions in Punjab

These changes underscore the govt's ongoing efforts to enhance revenue generation

Economic Survey 2017-18: People living below poverty line plunge to 24.3pc

The fall in poverty shows more prominence in urban areas than rural areas, reported the Economic Survey 2018.

China to set up electric vehicle manufacturing plant in Pakistan’s first private SEZ

MG JW Automobile will manufacture electric vehicles at Raiwind SEZ with an estimated FDI of Rs663m and local investment of Rs637m

Monal restaurant’s owner becomes first entrepreneur to receive ‘Pride of Performance’ award

ISLAMABAD: Owner of Islamabad's Monal restaurant, Luqman Ali Afzal, became the first Pakistani to be awarded a Pride of Performance award for 'entrepreneurship',...

Pakistan’s next economic crisis

Suppose for a minute that you are a globally focused investment manager based in London or New York. If you have been...

Non-Filers not allowed to buy immovable property or cars, FBR clarifies

Federal Board of Revenue (FBR) has strongly refuted the news appearing in some sections of the press which states that the new...

Atif Bajwa to join Bank Alfalah as president

Punjab govt to nominate a new president for Bank of Punjab after Atif Bajwa excuses himself from the position citing personal reasons