Commerce Reporter

The World Bank has retracted its recommendation to impose taxes on individuals earning less than Rs50,000, clarifying that the suggestion was based on 2019 data. The move com

The Federal Board of Revenue (FBR) has implemented modifications to the Customs Act 2001, imposing stricter regulations for transit trade between Pakistan and Afghanist

In the global oil market, there is anticipation of a notable drop in petroleum product prices, with a possible decrease of $7 per barrel. This decline is evident in the Gulf m

The USDA Predicts a 40% Surge in Pakistan's Rice Exports, Potentially Earning an Extra $1 Billion in Foreign Sales. Additionally, a Strong Wheat Harvest and Improved Cotton Ou

Pakistan has banned the import of goods that are prone to smuggling through its territory to Afghanistan. This is a major policy shift and a sign of Islamabad's growing frustr

The federal cabinet has granted approval for the disbursement of Rs 620 million to cover the salaries of Pakistan Steel Mills (PSM) employees, as reported by a private news ag

ISLAMABAD: The Federal Board of Revenue (FBR) has outperformed expectations by collecting Rs2,041 billion in the first quarter of the current fiscal year, surpassing the desig

KARACHI: Billions of dollars in humanitarian aid and rising trade with Asian neighbours have pushed Afghanistan's currency as the best performer this quarter as it climbed to

The caretaker government in Pakistan is considering a gas tariff increase that may impact high-end consumers while aiming to protect low-end users from the impending price sur

KARACHI: The Pakistani rupee is set to maintain its upward trajectory against the US dollar as export earnings and remittances surge following government actions against specu