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Finance
FBR sweetens pot for its officials, offers incentives of up to Rs3m
These officers will receive a monthly allowance of up to Rs40,000 from the fund, which will take effect on March 1, 2023.
In addition, these FBR officers will be able to get Rs. 3 million for a one-time purchase of furniture and…
IMF focuses on raising revenues
Pakistan will have to raise its tax target from Rs7.47 trillion to Rs8.3 trillion in order to improve the tax-to-GDP ratio and eliminate tax exemptions, according to IMF representatives who spoke with finance ministry officials and the…
Pakistani rupee becomes fastest depreciating currency in region
In the interbank market on Monday, January 30, the dollar gained another Rs7.03—a 2.6 percent increase.
In contrast, only Bangladesh, Sri Lanka, Vietnam, and the Philippines saw their currencies lose value on Monday out of 12 regional…
Unstoppable: Gold continues upward climb in record territory
Al-Haj Haroon Rasheed Chand, the head of the Sarafa Bazaar Association, released data on Saturday that showed that a tola of 24 karat gold, which weighs 11.6 grams, was worth Rs209,000 on Saturday.
In a similar vein, on Saturday, the…
Business community calls for renewing direct trade with India
This was suggested by Lahore Chamber of Commerce and Industry (LCCI) President Kashif Anwar during a webinar on “Challenges Facing Pakistan’s Economy - Private Sector’s Perspectives,” organized by the Sustainable Development Policy…