Pak-Bahrain trade volume surges by 400pc in FY22: FPCCI chief KARACHI: Irfan Iqbal Sheikh, President FPCCI, has apprised that bilateral trade volume in FY22 has surged by almost... Published 21 Sep, 2023 06:08am
Business & Finance Internet, IT devices: SBP advocates cut in duties and taxes KARACHI: The State Bank of Pakistan (SBP) has asked for reduction of the duties and taxes on internet and IT devices... Published 23 May, 2023 06:14am
Opinion 2023: Disappointments & hopes Year 2022 is bidding farewell to Pakistan leaving behind some unpleasant memories, natural disaster in the form of... Updated 30 Dec, 2022 06:45am
Business & Finance FY22 IT refund payments plunge 40.6pc to 54.22bn YoY ISLAMABAD: The Federal Board of Revenue (FBR) paid income tax refunds of Rs54.221 billion during 2021-22 against... Published 04 Oct, 2022 06:48am
Print FY22 domestic consumption of POL products: Sales tax collection declines 54.4pc to Rs107bn YoY Major chunk of around 44 percent of sales tax domestic collection comes from ten sectors including petroleum products, electricity, sugar, cement, natural gas Updated 03 Oct, 2022 09:59am
Print FY22 withholding tax collection grows 24pc to 1.53trn YoY ISLAMABAD: The withholding tax (WHT) collection stood at Rs 1,534.4 billion during 2021-22 against Rs 1,237.3... Updated 03 Oct, 2022 09:36am
Business & Finance KSE-100 cos’ FY22 PAT grows 22pc to Rs1.0trn YoY KARACHI: The KSE-100 companies’ profit after-tax (PAT) grew by 22 percent on year-on-year basis to Rs 1.0 trillion... Published 25 Sep, 2022 06:01am
Business & Finance FY22 KE net profit declines YoY KARACHI: K-Electric has posted a net profit of Rs 8.52 billion for the fiscal year 2022 against Rs 11.99 billion... Updated 22 Sep, 2022 10:52am
Print FY22: Profit repatriation rises to $1.5bn KARACHI: Foreign investors repatriated some $1.5 billion as profit and dividend on their investments in Pakistan... Updated 29 Jul, 2022 09:18am
Markets FY22: rice sector achieves $2.51bn export milestone Country exports slightly over 4.88 million tons of rice despite various impediments Updated 21 Jul, 2022 10:31am
Print FY22: Over $31bn record remittances received Home remittances improved 6.1% during last fiscal year Updated 19 Jul, 2022 10:32am
Business & Finance APTMA links export growth to competitive energy tariffs KARACHI: Patron in Chief All Pakistan Textile Mills Association (APTMA) Dr Gohar Ejaz in a statement has indicated... Published 17 Jul, 2022 05:19am
Opinion A cruel IMF programme ‘The pandemic triggered a dramatic increase in public debt in developing economies, from 54 to 65 per cent of GDP... Published 15 Jul, 2022 06:20am
Business & Finance NITL distributes dividend of over Rs4.77bn for FY22 KARACHI: The National Investment Trust Limited (NITL) has declared its annual results for its funds under management... Published 07 Jul, 2022 07:36am
Markets Country’s oil production down 3pc YoY KARACHI: The oil production in Pakistan declined by 3 percent on year-on-year basis to 26.8 million barrels during... Published 07 Jul, 2022 05:35am
Business & Finance RDA inflows hit historic high of $4.6bn KARACHI: Inflows of Roshan Digital Account (RDA) continued to post healthy growth, reaching historic level of $4.6... Updated 06 Jul, 2022 10:05am
Markets Total POL sales decline by 11pc on MoM basis KARACHI: Total petroleum products sales in the country declined by 11 percent on month-on-month basis to 1.9 million... Published 05 Jul, 2022 05:19am
Markets KSE-100 Index sees largest decline after 8 quarters KARACHI: Pakistan’s benchmark KSE-100 Index witnessed largest decline after eight quarters where index was down by... Updated 01 Jul, 2022 11:15am
Print SRB collects Rs153.5bn in FY22 KARACHI: Sindh Revenue Board succeeded in its efforts in achieving yet another milestone by collecting Rs 153.5... Published 01 Jul, 2022 06:13am
Print July-May period: C/A deficit crosses $15bn mark KARACHI: The country’s current account deficit crossed the $15 billion mark during the first eleven months of this... Updated 29 Jun, 2022 09:50am
Opinion Textile sector: removing structural inefficiencies The textile sector continues to steer Pakistan’s economy through difficult conditions, consistently outperforming... Published 21 Jun, 2022 05:51am
Opinion Economy and national security The fragile state economy of the country is worrisome and has distressed all segments of society and pillars of ... Published 11 Jun, 2022 06:14am
Print Key policy rate hiked to 13.75pc KARACHI: The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) Monday announced increase in the... Updated 24 May, 2022 09:51am
Print Tarin underscores need for ‘interim’ setup to deal with myriad economic challenges KARACHI: Former Minister for Finance Shaukat Tarin has said that the economic performance of PTI government was much... Updated 23 May, 2022 10:01am
Pakistan FDI inflow soars to $170.6m in April KARACHI: The inflow of Foreign Direct Investment (FDI) into Pakistan increased to $170.6 million in April 2022... Published 21 May, 2022 04:34am
Print April CA deficit dips 39pc to $623m MoM KARACHI: The country’s current account deficit sharply declined by 39 percent during the month of April 2022,... Updated 20 May, 2022 11:44am
Print NAC approves FY22 5.97pc provisional growth rate ISLAMABAD: The National Accounts Committee (NAC) has approved 5.97 percent estimated provisional Gross Domestic... Updated 19 May, 2022 09:43am
Business & Finance FY22: Jul-Apr cement despatches fall 8.22pc to 44.3m tons LAHORE: Cement despatches (both domestic and exports) during the first 10 months of current financial year 2021-22... Published 10 May, 2022 06:20am
Print Addition of over Rs500bn to power circular debt: WB holds previous govt, Nepra responsible According to World Bank, power sector has long been a drag on the economy, providing unreliable service and contributing to large fiscal deficits Updated 06 May, 2022 12:57pm
Business & Finance First 9 months of FY22: Exports to Italy reach all-time high of $805m ISLAMABAD: Pakistan has posted a trade surplus of $372 million during the first nine months (July- March) of FY... Published 29 Apr, 2022 05:43am
Attachment of bank accounts of taxpayers: FBR orders sales tax/FED recovery only after approval by field committees
