Business News
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WTO chief warns world edging into ‘global recession’
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[ad_1] This file photo taken on April 22, 2022 shows pounds and US dollar banknotes displayed on a table in London. — AFP/File GENEVA: The World Trade Organization’s chief said Tuesday she believes the world is heading towards a global…
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FBR enables Refund Adjustment Tab | The Express Tribune
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[ad_1] KARACHI: The Federal Board of Revenue (FBR), on Tuesday, enabled the ‘Refund Adjustment’ tab in the return forms to ensure the smooth filing of tax-returns, improve the ease of doing business and decreasing the cost of compliance for taxpayers….
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World edging into ‘global recession’ | The Express Tribune
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[ad_1] GENEVA: The world is heading towards a global recession due to multiple colliding crises, said the World Trade Organisation’s (WTO) Chief Ngozi Okonjo-Iweala. Russia’s war in Ukraine, the climate crisis, food price and energy shocks plus the aftermath of…
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What could be latest petrol price in Pakistan from October 01?
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[ad_1] Representational image of a man refilling fuel tank. — AFP/File The government is likely to slash prices of diesel and petrol by Rs15 and Rs5, respectively from October 1, 2022, as the POL rates nosedived in the international markets,…
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Oil prices slide, hit 9-month lows | The Express Tribune
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[ad_1] NEW YORK: Oil prices hit nine-month lows on Monday in choppy trade, pressured by a strengthening dollar as market participants awaited details on new sanctions on Russia. Brent crude futures for November settlement fell by $1.09, or 1.3%, to…
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Ishaq Dar affect? Rupee registers massive gains against dollar
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[ad_1] A currency dealer can be seen counting Rs500 notes. — AFP/File KARACHI: The rupee made massive gains on Monday, skyrocketing by 1.11% against the US dollar in the interbank market, hours before the arrival of PML-N leader Ishaq Dar…
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Ishaq Dar tasked to control dollar, bring down inflation
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[ad_1] PML-N leader Ishaq Dar before departure to Pakistan. LONDON: PML-N supremo Nawaz Sharif has tasked his close aide and party’s finance guru, Ishaq Dar, to control the rising dollar rate and bring down inflation that has affected the government…
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Pound hits record low versus dollar
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[ad_1] Sterling pound banknotes and coins displayed on a table in London, UK, April 22, 2022. — AFP HONG KONG: The pound hit a record low against the dollar Monday on surging fears about the UK economy after the government…
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No tax exemption granted to ex-military officers for importing bulletproof vehicles, clarifies FBR
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[ad_1] The building of the Federal Board of Revenue (FBR). — Twitter/File ISLAMABAD: The Federal Board of Revenue (FBR) clarified Saturday that no Statutory Regulatory Order (SRO) has been issued granting exemption to ex-military officers for importing bulletproof vehicles tax-free….
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IMF has indicated willingness to ease Pakistan loan conditions, Miftah Ismail says
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[ad_1] Finance Minister Miftah Ismail. -File/APP NEW YORK: In a major relief for the struggling Pakistan economy, the International Monetary Fund (IMF) has indicated a willingness to relax the tough conditions under which the country signed the loan programme. This…
