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…
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,…
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…
‘Economic transaction’ The Federal Board of Revenue (FBR) is set to keep track of economic transactions involving the transfer of gifts and personal remittances by collecting data from 145 government…
The banking sector felt the heat at the Pakistan Stock Exchange (PSX) as the KSE-100 Index shed more than 900 points due to profit-taking in Monday’s intra-day trading. Around 11:15…
Ministry of Planning, Development, Projects and Special Initiatives urges Ministries/Divisions to submit requests for rupee cover corresponding to foreign aid, aligning with the projected expenditures for the Current Fiscal Year…
