Business & Economy news
The Monetary Policy Committee of the State Bank of Pakistan (SBP) has decided to maintain the interest rate at 21 percent. According to the SBP statement, inflation data for April and May are in line with expectations, inflation expectations are coming down. According to the statement, domestic demand will continue to be under pressure due…
Minister of State for Finance Ayesha Ghos Pasha – file photo Minister of State for Finance Ayesha Ghos Pasha has said that there is no intention to freeze foreign currency accounts in the country. While talking to the media, Minister of State for Finance Ayesha Ghos Pasha has said that there is no proposal to…
Senator Sadia Abbasi—File photo Senator Sadia Abbasi says that 3 years imprisonment for smuggling up to 1 crore rupees is too much. He said this in the meeting of Senate Standing Committee on Finance chaired by Senator Salim Mandviwala. On this occasion, Chairman FBR while replying to Senator Sadia Abbasi said that he has tried…
—File photo A plan was prepared to make Gwadar district of Balochistan duty free. Sources say in this regard that there is a possibility of income tax exemption and import duty free on business in Gwadar. Sources have further informed that Prime Minister Shahbaz Sharif is expected to announce the creation of a duty free…
Minister of State for Finance Ayesha Ghos Pasha – file photo Minister of State for Finance Ayesha Ghos Pasha says that it is a great achievement to save the country from default after the disastrous floods, and very important steps have been taken for the development of agriculture in the next financial year. He said…
Senator Mohsin Aziz—file photo Senator Mohsin Aziz says that the tax collection will hardly go to 7200 billion rupees, the government should have found new tax payers. He said this in the meeting of Senate Standing Committee on Finance chaired by Senator Salim Mandviwala. He says that we do not see any plan for the…
The work of extracting crude oil from the ship from Russia started. According to Pakistan Refinery sources, 3 thousand tons of oil will be transferred to Pakistan Refinery from the ship. Sources say that the transfer of Russian crude oil from Pure Point will be completed tomorrow. It should be noted that the first Russian…
File photo Minister of State for Petroleum Mossadegh Malik has said that after the arrival of Russian oil in Pakistan, oil prices will be affected in the coming days and people will get relief. Speaking in Geo News program Geo Pakistan, Mossadegh Malik said that there is a contract for 100,000 tons of oil from…
—File photo Today, on the first day of the business week, the US dollar has tried to increase its value by gaining a few paise. The dollar became 287 rupees after becoming expensive by 7 paise in interbank. At the end of the last business week, the dollar closed at 286 rupees 93 paise in…
The passenger bus from Kot Addo to Lahore met with an accident due to the negligence of the driver, said the spokesman of the Motorway Police. Photo: File Lahore: 4 passengers died in a traffic accident near Faizpur on M3 motorway. According to Express News, a passenger bus met with a traffic accident near Faizpur…
