Business

Plan includes significant hikes in levies on petroleum, natural gas to stabilise economy, meet IMF requirements

KSE-100 index gains 207.94 points, settles at 72,797.43

Farmers face uncertainty as federal allocations drop amid rising costs, growth concerns

Major allocation to power sector amid efforts to relieve consumers, support key initiatives

Finance minister pushes for industry growth amid calls for SME, middle-class support

Govt also proposes a shift from engine capacity-based advanced tax on vehicles up to 2,000 CC to a cost ratio basis

Income tax rates increased for salaried class, with individuals earning Rs50,000 per month exempted from income tax

Individuals earning Rs50,000 per month will be exempt from income tax

Car sales drop nearly 23% as high interest rates, inflation hit purchasing power of consumers

Consumers forced to pay heavy charges to these independent plants due to flawed policies

Finance minister signals revival of commercial borrowing strategy to tackle rising debt, CAD

Sees overall increase of 6.25%; emerges as saviour for outgoing fiscal year

KSE-100 index loses 663.07 points, settles at 72,589.49

Experts stress need for sustainable policies to unlock nation’s digital prowess

Economic Survey reveals 73% surge in tax losses, fuelling IMF dispute amid ongoing negotiations

Inflation, current state of global markets, and country's political situation reported as factors contributing to dip 

Will install hydrocracker plant for converting furnace oil into petrol, diesel

Industrialists claim concessions are damaging ghee, edible oil, steel, and juice industries

Says UK has developed private fund for environmental challenges

Call for reforms to curb expenses, widen tax net, privatise loss-making SOEs

Monetary easing likely to create additional demand for import payments

KSE-100 index loses 501.46 points, settles at 73,252.56

Kenya had encouraged the import of 500,000 tonnes of rice duty-free until April 6, 2024

Promise Rs4.1tr revenue boost by lowering taxes, removing exemptions

Growth target for upcoming year is expected to be 3.6% compared to 2% this year

Rs40,000 Prize Bond draw for 2024 features a total of 1,700 prizes

25,000 Prize Bond June 2024 winners

Out of 434 companies, 133 record gains, 241 sustain losses, and 60 remain unchanged

US currency experiences limited fluctuations during trading session, closing 17 paisas higher at Rs278.37

It is followed by series of supplementary budgets due to loophole in constitution

Exportable industrial production, quality IT services form basis of development

Despite offering incentives, Pakistan has not attracted any investors for assembling electric cars

While people expect some relief, best relief is cut in public spending

Burdening tax-compliant sector more may lead to disinvestment as has already been witnessed

Competing forces stand in way of reducing cost of doing business

KSE-100 index loses 2,124 points, or 2.8% WoW, settles at 73,754

Experts see reduction of 100-200 bps reflecting inflation, IMF recommendation

AJK minister for small industries visits Lahore Chamber

MoU aims to enhance bilateral cooperation in the field of competition law and policy

The fund is Tesla’s eighth-biggest shareholder, according to LSEG data

All provinces, excluding Punjab, have not digitalised land record

Disagreement persists over ‘irrational demand’ for high taxes on salaried class

Ex-minister says country can grow rapidly if these problems are resolved

Chief ministers of all four provinces are also the constitutional members of the NEC

Shipments had been detained due to delay caused by Red Sea situation

KSE-100 index loses 108.91 points, settles at 73,754.02

Currency hits three-week high at Rs278.20 vs dollar

SPI increases for second week in a row, driven by high food prices

The two sides shared implementation reports of the six working groups under the Joint Working Group (JWG)

ECC directs airline to submit financial projections including income, expenses