SECP strikes down 120 illegal personal loan applications 

Only SECP-approved Personal Loan Apps to be permitted for listing on the Google Play Store from now

Kakar’s uphill battle 

In addition to ensuring timely elections, the caretaker prime minister is responsible for ensuring the economy stays on track by fulfilling the current IMF programme.

Petrol Price at Record High

ISLAMABAD: The prices of petrol and diesel hit a record high on Tuesday, as the newly installed caretaker government raised fuel prices...

Gap between interbank and open market narrows as rupee dips 

The difference between the rates in interbank and open markets has narrowed to Rs 8.49, which is still higher than IMF's stipulation

USD reaches above Rs300 in open market amid Rupee’s decline

ISLAMABAD: On Tuesday, the Pakistani rupee experienced a decline of Rs2.78 against the US dollar in interbank trading.  According to the Exchange Companies...

Can Shehbaz Sharif really be credited with saving Pakistan from default?

After 16 months of intense fiscal management, the question is who put Pakistan so close to the brink in the first place?

Amendments to Super Tax in Finance Act 2023 challenged in IHC

Round 2 between petitioners, and the FBR has commenced at the IHC 

Govt has already utilized 41.5% budget under ADB’ BRACE program: Report

ISLAMABAD: The Federal government has revealed that it utilized 41.5 % of the budget under Asian Development Bank (ADB)' “Building Resilience with...

Workers’ remittances decline by 7.3pc in July: SBP

KARACHI: The State Bank of Pakistan (SBP) has said that remittances sent home by overseas Pakistani workers declined by 7.3 percent and...

ECNEC approves projects worth hundreds of billions on NA’s last day

ISLAMABAD: On the eve of parliament's last day in session the Executive Committee of the National Economic Council (ECNEC) has approved a Rs...

Historic Sukuk issuance: Rs.371bn generated for Islamabad Expressway

ISLAMABAD: The government successfully generated a total of Rs. 371 billion (equivalent to over $1.29 billion) through the issuance of GOP Ijarah...

China tips into deflation as efforts to stoke recovery falter

China's consumer sector fell into deflation and factory-gate prices extended declines in July, as the world's second-largest economy struggled to revive demand...

ECC approves SME Assan Finance Scheme

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has approved the SME Assan Finance Scheme in its session held on Tuesday....
Taxation

New tax rates imposed on property transactions in Punjab

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

Steel sector reels under strain of record high energy prices

ISLAMABAD: Large steel producers in Pakistan have issued a dire warning as electricity and petrol prices continue to skyrocket, pushing the steel...