Business

Income tax returns filing remains slow as slightly over 4m filers submit papers

Watchdog's probe faces political pressure but sets safeguards to prevent dominance

Developed with Citibank and Deutsche Bank as sustainability coordinators

Ministry of Industries will expedite approval of draft Motor Vehicle Industry Development Act, 2025

Historic textile giant scales back as rising costs, tax changes and regional competition force closure

SBP to raise funds via PIB and MTB auctions; gold hits new peak at Rs406,778

Govt tells IMF floods will not hurt stability, though exports may dip by $1b

Decision was taken in response to requests from various business, tax bar associations, and general public

The revised prices come into effect immediately from October 1

The benchmark index surged by 1,645.90 points to close at 165,493.58

Move signals growing acceptance of these digital tokens among major businesses

FinMin says govt will streamline process for profit repatriation

Index gains nearly 1,600 points as investors resort to robust buying

LCCI urges PM, FinMin to consider flood disruptions, technical glitches and risk of penalties for taxpayers

Food processing, tourism, skills training and IT among key PBIT initiatives aiming for $50b in exports

OGDC's five new discoveries reflect Pakistan's vast hydrocarbon potential

Bristow, who became CEO in 2019 when Barrick acquired Randgold

New plan cuts 7,000MW projects; stresses transparency, affordability and reliance on local resources

Metso to supply modern equipment, train local workforce, expand presence in copper mining

Internationally, safe-haven asset crosses $3,800/oz on geopolitical tensions; silver also at record high

At public hearing, NEPRA asked to approve tariff hike of 19 paisa per unit

Authority says no general extension will be granted, only 15-day individual relief allowed under specific conditions

KSE-100 index gains nearly 1,600 points amid buying spree throughout the session

Rate for 10 grams rises by Rs5,058

Adjustments will be made after prime minister's approval

The more the govt spends, the more it resorts to taxation and borrowing; simply put 'govt spending is taxation'

Financial position of developing states remains fragile; they can dip into crisis as confidence of lender drops

Natural deep ditches can be turned into rainwater reservoirs to reduce wastage

Pakistan's challenge lies in moving beyond gig work to structured, scalable models which requires policy continuity

10% interim dividend breaks decades-long tradition of year-end-only payouts

Any sign of thaw in relations a welcome development in backdrop of trade war reignited by US president

Rising middle class, surging outbound journeys draw digital platforms

Govt assures IMF despite Beijing pushing for timely power payments

World Bank places Pakistani facility 9th in global index; maritime minister eyes regional shipping hub status

A week ago, the PSMA in a statement said that the FBR had halted the sale of sugar across the country

Civil servants explore textile sector’s role in national economy

Duties will be based on number of chips; move aimed at shifting manufacturing to US

Commerce coordinator holds meetings with chambers, banks in Dhaka

Circular debt deal, diplomatic engagements fuel rally in KSE-100 index

High-level Saudi delegation due to arrive early next month

Trade with Central Asia, Kabul surges to $2.4b

Govt banks on inflation, growth and solar imports to recoup Rs190b losses

Adviser proposes new schemes with Riyadh such as Karachi, Gwadar gateway terminals

Tomato, sugar, wheat flour, fuel prices spike; onions, chicken provide relief

Cabinet body backs business registry, foreign investor clearance system and Companies Act review

Envoy says Colombo on path to stability, invites businesses to form JVs

Stresses to shift from transactional to trust-based partnership via economic diplomacy

Consumers to pay Rs3.23 per unit surcharge; govt secures bank deal and IMF backing

Wants to design complete package to encourage refineries to start upgrading plants

Gold falls Rs1,000 despite global rally; FBR cracks down on jewellers for tax evasion