Business

Say 18% sales tax, peak-hour tariffs will dent Pakistan's competitiveness

Suffers revenue loss due to forced curtailment of hydrocarbon output at local fields

On Tuesday, gold prices had dropped sharply, with the per tola rate falling by Rs3,600 to Rs347,900

Solar panels, agriculture face tax hit as govt aims to boost revenue, cut deficit in 2025-26 budget

Thames Water hit with record £123m fine by Ofwat over sewage pollution and dividend rule breaches.

NEPRA approves Rs39.97/kWh enabling $2b investment tied to performance

Calls for separation of tax policy and administration, rollback of recent ordinance changes

Divisional superintendent says rail freight 3 times more fuel efficient, can save Karachi roads, unlock regional trade

Ceramic tiles industry demands more protection

Record 58 private sector deals closed in 2024

Opinions divided over import of used cars, reduction in duties and tariffs

KSE-100 gains 112 points in range-bound session; K-Electric leads volumes for second straight day

Commerce minister encourages investors to explore joint venture avenues

Aurangzeb calls for leveraging tech to simplify financial access for individuals, businesses

Total FX interventions hit $5.3b in FY25 while rupee weakens to 282.17; bond auctions draw interest

Ministry opposes immediate opening of imports on fears of job losses

Rate of gold per tola decreased by Rs3,600

In the open market, the US Dollar (USD) was bought for Rs283.50 and sold for Rs284.40

Ross Stores faces flat sales and declining profits amid tariffs and changing habits, prompting possible price hikes.

Decisions on export, import will be based on real-time data from new mechanism

KSE-100 sheds 882 points, weighed down by delay in IMF's approval of circular debt plan

Trip expected to pave way for strengthening economic, trade linkages

Coalition expected to hike oil production by 411,000 bpd, saving country $2.3b on imports

Calls grow for ending harassment, introducing business-friendly policies

Asks how properties worth billions of rupees can be sold; summons CEO in next meeting

The summit concluded with a call for deeper Sino-Pakistan collaboration

After weekend spike, bullion drops to Rs351,500/tola; rupee slips Rs0.09 to 282.06/$

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Last week, the price of gold per tola had risen to Rs354,100

It's time to hire the right people, stop importing consultants, and make decisions based on ground realities

For prosperity, Global South needs pro-growth set of supply-side economic policies, not anti-growth IMF bailouts

Pakistan's tax system, riddled with exemptions, high duties and WHT, is flawed

Trust deficit, outdated systems and governance weaknesses preventing country from achieving desired tax-to-GDP ratio

As budget nears, relief for salaried workers and expansion of tax net are crucial to revive growth, protect

To bridge competitiveness gap, trade policy modernisation must be starting point

Experts discuss the evolution, regulatory environment and future prospects of Islamic insurance

Tariff threat comes as talks are stuck, with Washington demanding concessions

At LUMS workshop, first power equipment manufacturing dashboard launched

MD wraps up two-day visit, pushes for coordinated efforts to boost private sector growth and resilience

In META region, Q1 web incidents affect highest number of users in Turkiye, Kenya

KSE-100 index slides 0.46% amid GDP growth surprise, IMF tax concerns

Dissenting NEPRA member questions fairness of burdening general consumers to promote electric vehicle use

Exemption applications submitted to the CCP are evaluated using the criteria in Section 9 of the Act.

Govt working on regional tariff parity, framework for tax rationalisation

A final consultative workshop is planned for June in Islamabad

Tola Associates suggests tighter cash limits, discouraging rupee devaluation

Gold price per tola rose to Rs354,100 in the local market, mirroring the upward trend in the global market

Automaker cites risks to industry from tariff rationalisation

Indirectly finances fiscal deficit amid IMF restrictions; gold rises to Rs351,000/tola on tariff fears

Turkish petroleum awarded stakes in Balochistan, Sindh blocks