The Federal Board of Revenue (FBR) will contribute to Inland Revenue Common Pool Fund-2023 from the rewards given to the Inland Revenue officials on detection of tax evasion, meeting revenue targets, or showing extraordinary performance in making asse…

Agriauto Industries Limited (PSX: AGIL) has decided to observe/extend its partial shutdown during June, the company told the Pakistan Stock Exchange on Friday.“Due to reduction in production volumes of our major customers, the Company will be observin…

The State Bank of Pakistan (SBP), said yesterday that, its foreign exchange reserves had decreased by 102 million U.S. dollars.During the week ending on May 26, the total foreign exchange reserves of the Pakistani central bank fell to around 4.1 billio…

The price of gold in Pakistan increased on Wednesday after two straight days of decline to settle at Rs. 234,400.According to the data released by All-Pakistan Sarafa Gems and Jewellers Association (APSGJA), the price of gold (24 carats) went up by Rs…

Minister for Planning and Development Ahsan Iqbal has stressed the need for collective efforts to put country on a consistent path of progress and development.Addressing a conference titled “Leaders in Islamabad Business Summit-2023,” he said incumben…

The Association of Builders and Developers of Pakistan (ABAD) has claimed that 50 percent of ongoing construction projects have come to a halt due to a hike in steel bar prices by a cartel of large-scale steel manufacturers.The ABAD in its budget prop…

Chief Minister Balochistan Mir Abdul Quddus Bizenjo has approved the status of Special Economic District to Gwadar with the aim to promote foreign investment, tourism, port related activities and development of the city.The Special Economic District w…

The Capital Development Authority (CDA) has failed to relocate Chagai Model despite passing six and half years.According to the details, the Chagai model built near Faizabad was removed by CDA for the purpose of shifting it to F-9 Park.But this model …

Finance Minister Ishaq Dar has reiterated to provide a business friendly budget in order to support masses and for the economic progress and development in the country.He was talking to a delegation of Association of Builders and Developers of Pakista…

The prevalence of tobacco use in Pakistan has reached alarming levels, with approximately 31 million adults, or about 19.7 percent of the adult population, currently consuming tobacco products.In a recent study titled “Raising Tobacco Tax Rates to Pro…