The salaried class has emerged as major contributor in paying tax which accounts for around one-third of Pakistan’s total personal income tax (PIT) collection. It highlights an increasing tax burden on formal sector employees despite stagnant wage growth and limited fiscal space for middle-income earners. According to official data for fiscal year 2024–2025, the government…
Silver prices in Pakistan declined by Rs 12 per tola in local market and reached Rs 5261 in line with fluctuation in global market. Read More: Silver Prices in Pakistan on October 18, 2025
Gold prices in Pakistan witnessed a decline of Rs 1400 per tola on Monday and reached Rs 444900. Read More: Gold Prices Witness Massive Drop
Abdul Sami Khan, Chairman of the Oil Companies Advisory Council (OCAC), has cautioned that the Sindh Infrastructure Development Cess (IDC) imposed on petroleum imports threatens to paralyze the national oil supply chain. Read More: OMAP Protests Sindh Cess Deduction Without Price Adjustment Abdul Sami KhanChairman OCAC said in a letter to chief minister Sindh that…
The Pakistani rupee has registered a marginal gain against the US dollar and appreciated by 0.01% to 281.01 in the inter-bank market. Pakistani rupee closed at 281.07, registering a gain of Rs0.03 against the US dollar. Earlier, the Pakistani rupee continues to gain against US dollar during the early trade in inter-bank market on Monday…
The week opened on a strong note as the bulls dominated the trading floor, propelling the benchmark KSE-100 Index to an impressive intraday gain of 2,615 points before closing at 166,242, up 2,436 points or 1.49%. Market euphoria was fueled by a major diplomatic breakthrough — Pakistan and Afghanistan reached an immediate ceasefire agreement following…
Minister Junaid Chaudhry says new strategy will align with global conservation standards and prevent overfishing of endangered species. Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry announced that a national action plan is being prepared in consultation with stakeholders to protect vulnerable shark species in the Arabian Sea. Read More: Pakistan launches Rs90m project…
Silver Prices in Pakistan on Saturday also dropped by Rs 231 per tola in line with fluctuation in global prices. It declined to Rs 5273 per tola. Read More: Silver Prices Up Rs 141 Per Tola
Gold Prices in Pakistan on Saturday made a big drop of Rs 10600 to Rs 44630 per tola in line with fluctuation in global gold prices. Read More: Gold Prices Made Record Increase of Rs 14100 Per Tola
Oil marketing firms warn 1.85% cess will disrupt fuel supply if not integrated into official pricing. “We express our sincere appreciation for the Ministry of Energy (Petroleum Division)’s continued efforts toward maintaining stability and regulatory balance within the petroleum sector,” Tariq Wazir Ali Chairman OMAP said adding that however, through this letter, we wish to…