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New power incentive packages set to roll out for industrial sector

adminAugust 7, 2024

by adminAugust 7, 2024099

To invigorate Pakistan’s industrial sector, the federal government will introduce new power incentive packages over the next two months, announced Federal Minister for Power, Awais...

Breaking Business Pakistan

Govt likely to provide income tax relief to salaried class

adminAugust 3, 2024

by adminAugust 3, 2024080

Pakistan Government Considers Income Tax Relief for Salaried Class ISLAMABAD: In an effort to ease the financial burden on salaried citizens, the Government of Pakistan...

Business Pakistan

Pakistan has taken $31.1bn from IMF since 1958

adminAugust 2, 2024

by adminAugust 2, 20240100

The Special Drawing Right (SDR) is an international reserve asset created by the International Monetary Fund (IMF) in 1969 to supplement its member countries’ official...

Business Pakistan

IMF asks for long-term $12b debt rollover

adminJuly 29, 2024

by adminJuly 29, 2024094

**Finance Minister Announces Constructive Debt Talks with China** Finance Minister Muhammad Aurangzeb revealed that Pakistan is making progress in rescheduling $12 billion in debt from...

Business

Cut in petrol price by Rs5.50, diesel by Rs11.06/ litre likely from Aug 1

adminJuly 29, 2024

by adminJuly 29, 2024073

The government is expected to reduce the prices of petrol and diesel starting August 1, 2024, according to sources from the government and industry. Petrol...

Business

India plans to ease rice export curbs to retain market share against Pakistan

adminJuly 19, 2024

by adminJuly 19, 20240101

India May Lower Basmati Rice Export Floor Price and Revise Export Tax Structure New Delhi: India is considering adjustments to its rice export policies to...