The federal government has decided to continue its austerity measures during the current fiscal year as part of efforts to control public expenditure and improve fiscal discipline. Read More: Federal cabinet approves PASCO closure plan According to official sources, the federal cabinet has approved the continuation of cost-cutting measures introduced in previous years. Following the decision, […]
economy
Gold price jumps Rs2,400 per tola in Pakistan
Gold prices continued their upward trend in Pakistan on Saturday, with the price of 24-karat gold increasing by Rs2,400 per tola, following gains in the international bullion market. Read More: Gold rate drops Rs3,600 per tola in Pakistan According to the All Pakistan Gems and Jewellers Association (APGJA), the price of one tola of gold rose to […]
Petroleum prices likely to rise in next review
Petroleum prices in Pakistan are expected to increase significantly in the upcoming fortnightly review, with high-speed diesel (HSD) likely to become up to Rs40 per litre more expensive and petrol projected to rise by around Rs10 per litre. Read More: Petrol, diesel prices rise by Rs13 The anticipated increase is linked to higher international crude oil prices […]
Finance minister to hold trade talks in Washington
Finance Minister Muhammad Aurangzeb is set to visit Washington on Saturday for a three-day trip focused on advancing trade, investment and economic cooperation between Pakistan and the United States, diplomatic sources have said. Read More: Pakistan-US trade progress to boost exports, investment: APBF During the visit, Aurangzeb is expected to hold meetings with officials from the Office […]
Pakistan seeks partnerships with US institutions to advance economy
Federal Minister for Planning, Development and Special Initiatives Professor Ahsan Iqbal has sought strategic partnerships with leading American universities, research centres and innovation institutions to strengthen Pakistan’s higher education, research, climate resilience and innovation ecosystem, saying the country was committed to building a knowledge-based economy through global collaboration. During a series of high-level engagements in […]
FBR unveils fixed tax plan for small shopkeepers
The Federal Board of Revenue (FBR) has released a draft of a new fixed tax scheme for small shopkeepers, aiming to expand Pakistan’s tax base by bringing more than three million retailers into the tax net during the current fiscal year. Issued through SRO 1109(I)/2026, the proposed scheme has been introduced under Section 99B of […]
Mastercard, BOP team up to support cashless economy, digital transformation
Senior leadership of Mastercard and The Bank of Punjab (BOP) met in Karachi to reaffirm and expand their strategic alliance aimed at supporting Pakistan’s transition towards a cashless, digitally connected and financially inclusive economy. Ms Ailish Campbell, Executive Vice President – Public Sector, headed the Mastercard delegation, which also comprised Arslan Khan, Country Manager – […]
Gold prices fall as per tola rate drops by Rs5,600 in Pakistan
Gold prices in Pakistan extended their downward trend on Tuesday, with the price of the precious metal falling by another Rs5,600 per tola in line with declining international bullion prices. Read More: Gold prices fall by Rs 3,800 per tola – According to the All Pakistan Gems and Jewellers Association (APGJA), the price of one tola of gold […]
Gold prices drop by Rs3,800 per tola in Pakistan
Gold prices witnessed a significant decline in both international and domestic markets on Monday, providing relief to buyers after a period of sustained high prices. The decrease comes amid easing global bullion rates and changing investor sentiment in international commodity markets. Read More: Gold prices rise by Rs 1,100 per tola According to the latest market […]
Gold prices surge by Rs3,600 per tola in Pakistan
Gold prices recorded a sharp increase in Pakistan on Thursday, with the price of one tola rising by Rs3,600, reflecting gains in the international bullion market and strengthening demand for the precious metal. Read More: Gold prices fall by Rs 4,700 per tola According to the All Pakistan Gems and Jewellers Sarafa Association, the price of […]