Business

ISLAMABAD: The federal government may struggle to meet its ambitious Rs1,161 billion petroleum levy (PL) target for the fiscal year, following a sharp uptick in global oil pri

Karachi: The Oil & Gas Development Company Limited (OGDCL) announced a major discovery of gas and condensate in Khairpur district, Sindh, marking another step toward

KARACHI: Chairman of the Federal Board of Revenue (FBR), Rashid Mahmood Langrial, announced a major revamp of Pakistan’s tax compliance framework, pledging aggressive ac

ISLAMABAD: Electricity tariffs for K-Electric consumers in Karachi are expected to decrease by Rs4.69 per unit, offering much-needed financial relief to residents of the city.

ISLAMABAD: Prime Minister Shehbaz Sharif arrived in the United Arab Emirates (UAE) on a one-day official visit, where he was received by Abu Dhabi’s Deputy Ruler and Nat

KARACHI: Federal Board of Revenue (FBR) Chairman Rashid Mahmood Langrial announced a comprehensive reform initiative targeting tax non-compliance across multiple sectors, incl

KARACHI: The Pakistan Stock Exchange (PSX) surged to new heights on Wednesday, with the benchmark KSE-100 Index closing at a record 124,352.68 points, gaining 2,328.24 points

ISLAMABAD: In a surprising move that has drawn criticism from environmental advocates and industry stakeholders, the federal government has proposed an 18% sales tax on import

ISLAMABAD: The Economic Survey of Pakistan for the fiscal year 2024–25 will be released on Monday (June 9), providing an overview of the government's evaluation of the n

KARACHI: Gold prices in Pakistan witnessed a sharp increase of Rs 4,300 per tola on Thursday, reaching Rs 358,400, according to the All Pakistan Sarafa Gems and Jewellers Asso