Business
IMF Urges Pakistan to End Tax Exemptions, Impose Rs1,300 Billion Taxation
The International Monetary Fund (IMF) has urged the government of Pakistan to terminate tax exemptions and impose taxes amounting to Rs1,300 billion.IMF experts have...
ADB Cancels $0.6M Grant for Gas Storage Development in Pakistan
The Asian Development Bank (ADB) has withdrawn a $0.6 million grant (approx. PKR 166.9 million) allocated for the development of Pakistan's gas storage system...
Pakistan Witnesses Massive Surge in Gold Prices
On Saturday, gold prices in Pakistan witnessed a significant surge, increasing by Rs3,500 and impacting gold rates nationwide.The cost of 24-karat gold soared to...
BankIslami Unveils Extraordinary Financial Triumph with Unprecedented Results
BankIslami, a leading financial institution, has announced its remarkable financial results for the year ended December 31, 2023. The bank reported a staggering after-tax...
Pakistan’s Trade Balance Improves: Exports Surge, Deficit Narrows
Pakistan's trade balance witnessed improvement in February 2023-24, marking an 18.2% reduction compared to the same period in the previous fiscal year. This positive...