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Business

P@SHA Proposes Taxation Reforms for Exporters of IT Services

Pakistan Software Houses Association (P@SHA) Chairman Muhammad Zohaib Khan Tuesday said that unanimous and representative budgetary proposals regarding the IT industry from the platform of P@SHA have been submitted to the concerned ministries and imp…

Govt Working on New Urea Pricing System to Help Farmers

The government is working on a viable gas pricing plan for the fertilizer sector after discovering that producers have not passed on the benefits of subsidized gas to farmers.

The Economic Coordination Committee (ECC) recently emphasized the need to…

OGRA Orders OMCs to Pick Up More Diesel From Local Refineries

The Oil and Gas Regulatory Authority (OGRA) has instructed oil marketing companies (OMCs) to pick up more high-speed diesel (HSD) from local refineries to ensure a smooth fuel supply in the upcoming peak harvest season.

HSD uplift had failed to budg…

PSX Breaks All Records to Close Above 74,500 As Momentum Persists

Pakistan Stock Exchange (PSX) closed at a new all-time high in today’s session after crossing 74,500, summiting the previous high of 73,799 recorded on Monday.

Similar to yesterday’s trends, positive vibes from the International Monetary Fund kept u…

IMF Unhappy With Shortcomings in FBR Track and Trace System

The International Monetary Fund (IMF) Mission isn’t happy with shortcomings in the implementation of the track and trace system by the Federal Board of Revenue (FBR), reliable sources told ProPakistani.

These concerns have been shared by the Washing…

Ghazi Fabrics Shuts Down Its Spinning Units Until Further Notice

Ghazi Fabrics International Limited (PSX: GFIL) has closed its spinning units until further notice, the textile company informed the main bourse on Tuesday.

‘Due to the prevailing economic conditions in the country, increase in power cost and non-av…

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