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October 23, 2025
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Category: Economy

No proposal to levy new taxes under consideration, Chairman FBR
  • Business

No proposal to levy new taxes under consideration, Chairman FBR

PNP DeskOctober 5, 2023September 16, 202402 mins

Chairman Federal Board of Revenue (FBR) Amjad Zubair says that no proposal to levy new taxes is under consideration, taxes are being collected as per the fixed target. A meeting was held on the country’s economic situation under the chairmanship of caretaker finance minister Shamshad Akhtar, in which chairman FBR along with board members briefed…

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The clock was set back too far in the clock judgment, now the clock is right, Justice Tariq
  • Business

The clock was set back too far in the clock judgment, now the clock is right, Justice Tariq

PNP DeskOctober 5, 2023September 16, 202405 mins

The recent arrest of Pervez Elahi was made under the law, Justice Mansoor Islamabad: A hearing was held on Parvez Elahi’s bail application in the Supreme Court. His lawyer Latif Khosa said that Parvez Elahi gets bail in one case and gets caught in another. Justice Sardar Tariq Masood said that in which law it…

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Due to fuel price adjustment, electricity has been increased by Rs 1.71 per unit
  • Business

Due to fuel price adjustment, electricity has been increased by Rs 1.71 per unit

PNP DeskOctober 5, 2023September 16, 202402 mins

In the context of fuel price adjustment, electricity has been increased by 1 rupee 71 paise per unit. Nepra has issued a notification. According to the notification of the National Electric Power Regulatory Authority (NEPRA), the increase has been made in the context of the monthly fuel adjustment for August. The increase in electricity price…

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Bank deposits are absolutely safe, explains State Bank
  • Business

Bank deposits are absolutely safe, explains State Bank

PNP DeskOctober 5, 2023September 16, 202402 mins

—Photo edited The State Bank explained that under a strong regulatory and supervisory framework, the established banking system in Pakistan is stable and bank deposits are absolutely safe. According to the Chief Spokesman of State Bank of Pakistan, Pakistan’s banking system is adequately capitalized, the profitability of the banking system has increased by about 125…

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Pakistan will participate in annual meetings of World Bank and IMF
  • Business

Pakistan will participate in annual meetings of World Bank and IMF

PNP DeskOctober 5, 2023September 16, 202403 mins

–File photo Pakistan’s economic team will participate in the annual meetings of the World Bank and the IMF. According to the sources, the annual meetings of the World Bank and the IMF are starting from October 9 as per the schedule. The economic team headed by the caretaker finance minister will go to Morocco, the…

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Price Act 1977 repealed, Punjab government ordered to set sugar prices
  • Business

Price Act 1977 repealed, Punjab government ordered to set sugar prices

PNP DeskOctober 5, 2023September 16, 202403 mins

–File photo The Lahore High Court gave a safe verdict in the case related to sugar price fixing that the Punjab government will set the sugar prices in the province. A 2-member bench headed by Justice Shahid Karim delivered a safe verdict. According to the court’s decision, the Punjab government will set the prices of…

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Crude oil prices in the global market have fallen sharply
  • Business

Crude oil prices in the global market have fallen sharply

PNP DeskOctober 5, 2023September 16, 202402 mins

–File photo The price of crude oil continues to decline in the global market, which has now fallen by more than 5 percent. According to foreign media, the price of Brent crude oil has decreased to 85 dollars 81 cents per barrel. According to reports, the price of WTI has decreased to 84 dollars 22…

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The dollar, which was cheaper since 1 month, became 283 rupees 60 paise
  • Business

The dollar, which was cheaper since 1 month, became 283 rupees 60 paise

PNP DeskOctober 5, 2023September 16, 202402 mins

—File photo Today marks one month of continuation in decline of US dollar. The dollar, which has been continuously depreciating for a month, has become cheaper today in the interbank market. After depreciating further by Rs 1 8 paise, the dollar became Rs 283 60 paise in interbank. At the close of business yesterday, the…

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Mahira's husband Salim Karim's real age has come to light
  • Business

Mahira’s husband Salim Karim’s real age has come to light

PNP DeskOctober 5, 2023September 16, 202405 mins

Rumors about the age of Mahira Khan’s husband Saleem Karim started spreading: Photo Social Media Karachi: Rumors started spreading on social media about the age and wealth of Saleem Karim, the husband of well-known actress Mahira Khan, who is equally popular in Pakistan and India. Recently, Mahira Khan married her close friend Saleem Karim in…

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Big drop in crude oil prices in global markets
  • Business

Big drop in crude oil prices in global markets

PNP DeskOctober 5, 2023September 16, 202402 mins

Crude oil prices fell by more than 5 and a half percent in the global markets. Brent crude fell to $85.81 a barrel, WTI fell to $84.22 a barrel. The decline in crude oil prices is due to concerns about the slowdown in the global economy and low demand. OPEC is unlikely to cut oil…

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About PNP

Press Network of Pakistan (PNP), registered with the Government of Pakistan since January 2011, is an Islamabad-based global newswire service that takes pride about its unbiased news reporting both in English and Urdu languages.

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