The amended Finance Bill 2023 has increased income tax on the income of individuals and association of persons (AOPs).The revised slabs for the individuals/AOPs revealed that where taxable income exceeds Rs. 600,000 but does not exceed Rs. 800,000, th…
The Economic Coordination Committee of the Cabinet has approved 2.5 billion rupees to address the shortfall of Pakistan Railways in order to ensure the continuation of operations without interruption.The ECC, which met in Islamabad on Friday with Fina…
The Sensitive Price Indicator (SPI)-based inflation for the week ended June 22, 2023, increased by 0.33 percent due to an increase in the prices of food items including wheat flour (4.95 percent), potatoes (2.60 percent), sugar (2.49 percent) and non-…
AGP Limited (PSX: AGP) has decided to increase its stake in OBS Pakistan Limited to 92.5 percent, the company informed the Pakistan Stock Exchange on Friday.“The Board in its meeting held on June 14, 2023, and through subsequent approval effective fro…
Trade turnover between Russia and Pakistan has grown by over a third since last summer, as the two countries bolster economic ties, Pakistan’s minister for commerce, Syed Naveed Qamar, told RIA Novosti on Wednesday.Bilateral trade from July 2022 to May…
The price of gold in Pakistan fell for the fourth straight day during the week on Thursday to settle at Rs. 218,500 per tola.According to the data released by All-Pakistan Sarafa Gems and Jewellers Association (APSGJA), the price of gold (24 carats) d…
The foreign exchange reserves held by the central bank decreased by almost half a billion dollars on a weekly basis, according to data released by the State Bank of Pakistan (SBP) on Thursday.On June 16, the foreign currency reserves held by the SBP w…
The central banks of the UAE and India are making great progress in talks about trading in dirham and rupee. They are expected to finalize an agreement soon. The goal is to reduce transaction costs and boost two-way trade between the countries.They wa…
Suzuki Motor Corporation has signed an agreement with SkyDrive Inc. to manufacture “flying cars” at a Shizuoka Suzuki plant in Japan in Spring 2024. SkyDrive is a Japanese company based in Toyota City, Aichi Prefecture.The two companies will develop a…
Pakistan and China signed a $4.8 billion deal Tuesday to build what would be the seventh Chinese nuclear power plant in the South Asian nation.The 1,200-megawatt project will be installed in the central Pakistani city of Chashma, where Beijing already…
Darel Valley: A free medical camp was organized at the Darel Valley of Diamer District
Islamabad: Prime Minister Shehbaz Sharif has appealed to the nation to offer Salat al-Istisqa for
Islamabad: Finance Minister Muhammad Aurangzeb has called for innovative solutions aimed at supporting vulnerable communities,
Islamabad: Planning Minister Ahsan Iqbal has said the government is pursuing ambitious plans to elevate
Islamabad: Pakistan and Turkiye have agreed to enhance cooperation in the agricultural and industrial sectors.
Copyright © 2024 Pakistan Press Release Point. All rights reserved.
Copyright © 2024 Pakistan Press Release Point. All rights reserved.
