The federal government has made a major policy shift by stripping the Federal Board of Revenue (FBR) of its tax policymaking powers. A notification has been issued confirming the establishment
Category: Business
Kenyan shilling strengthens slightly against US dollar.
The Kenyan shilling edged higher against the US dollar on Wednesday, bolstered by foreign exchange inflows from the diaspora and central bank support, according to […]
Ghee and Cooking Oil Prices Set to Rise Before Ramadan: FPCCI Raises Alarm
As Ramadan approaches, concerns are mounting over a significant price hike in ghee and cooking oil due to delays in the clearance of edible oil shipments. The Federation of Pakistan Chambers
India to introduce simplified income Tax law to reduce litigation.
India will present a new, condensed version of its income tax law in the lower house of Parliament on Thursday, aiming to simplify the six-decade-old […]
Pakistan stock exchange rebounds, KSE-100 surges 1,600 points.
The Pakistan Stock Exchange (PSX) bounced back strongly on Tuesday after experiencing volatility in previous sessions. The KSE-100 Index surged by 1,600 points in early […]
Pakistan, DP world strengthen investment and trade ties at world government summit.
Prime Minister Shehbaz Sharif met with DP World Group Chairman and CEO Sultan Ahmed bin Sulayem in Dubai on Tuesday, on the sidelines of the […]
UniCredit reports strong 2024 earnings, plans higher payouts amid expansion.
UniCredit exceeded earnings expectations for 2024, posting a net profit of €9.3 billion and committing to stable profits in 2025 despite declining interest rates. The […]
Asian stocks slip amid U.S. tariff concerns.
Asian markets mostly declined on Tuesday following U.S. President Donald Trump’s decision to impose 25% tariffs on all U.S. steel and aluminum imports, fueling global […]
Pakistan’s Exports Surge Across All Sectors in First Half of Fiscal Year 2024
In a major economic achievement, the Shahbaz government has successfully boosted Pakistan’s exports across multiple sectors, recording significant growth during the first half of the current