Business News
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Brent oil touches its highest in over 7 years
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[ad_1] Oil prices have once again hit their highest level in more than seven years. AFP HONG KONG: Brent crude prices hit their highest level in more than seven years on Tuesday on growing demand optimism, easing concerns about the Omicron Covid variant and geopolitical tensions. The contract hit $86.84 in Asian trade, a level…
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Cryptocurrency in Pakistan: All you need to know
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[ad_1] Watch the video to learn how we can trade in cryptocurrency in Pakistan [ad_2] Source link
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Is it a crime to work for IMF? asks SBP chief
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[ad_1] Dr Reza Baqir. File photo ISLAMABAD: State Bank of Pakistan Governor Dr Reza Baqir Monday responded to criticism directed at him by the Opposition parties for his previous affiliation with the International Monetary Fund (IMF), asking, “Is it a crime to work for an international organization?” Briefing the Senate’s Standing Committee on Finance, Reza…
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Tarin urges defaulters to file taxes before govt approaches them
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[ad_1] Federal Minister for Finance and Revenue Shaukat Tarin addressing a launch ceremony in Islamabad on January 7, 2022. — YouTube screengrab ISLAMABAD: Federal Minister for Finance and Revenue Shaukat Tarin on Thursday urged non-tax filers to pay taxes before the government approaches them, urging tax evaders to register themselves before the government or Federal…
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FBR mulling strategy to bring transparency in tax system
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[ad_1] Federal Minister for Finance and Revenue Shaukat Tarin addressing a press conference in Islamabad. — YouTube screengrab ISLAMABAD: Federal Minister for Finance and Revenue Shaukat Tarin on Monday said the Federal Board of Revenue (FBR) is taking steps to bring transparency and simplification in the tax system of Pakistan. Inaugurating the Parliamentarians Tax Directory…
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Finance ministry spokesperson defends imposition of Rs350bn in ‘mini-budget’
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[ad_1] Finance Ministry spokesperson Muzzammil Aslam addressing a press conference in Karachi, on January 1, 2022. — YouTube KARACHI: The price of petroleum products in the country will decline in the coming days, Finance Ministry spokesperson Muzzammil Aslam said on Saturday. Addressing a press conference, the spokesperson defended the government’s decision to impose further taxes…
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Govt jacks up petrol price by Rs4 per litre
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[ad_1] — AFP/File The government on Friday jacked up the price of petrol by Rs4 per litre effective from Saturday, January 1, to meet the petroleum levy target agreed with the International Monetary Fund (IMF). According to a notification issued by the Finance Division, the new price of petrol will be Rs144.82 per litre against…
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Miftah Ismail chides govt, terms SBP ‘State Bank of IMF’
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[ad_1] PML-N leader and former finance minister Miftah Ismail addressing a press conference alongside PML-N leader Musadik Malik (not pictured) in Karachi on December 31, 2021. — YouTube KARACHI: After the PTI-led government unveiled the SBP Amendment Bill in the National Assembly yesterday, the State Bank of Pakistan has “now become the State Bank of…
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Tokyo stocks end down, but Nikkei up nearly 5% in 2021
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[ad_1] Tokyo stocks edged down Thursday, the last trading day of 2021, but over the year the benchmark Nikkei index rose nearly 5% to its highest annual close since the 1989 boom. The Nikkei 225 fell 0.40% , or 115.17 points, to close at 28,791.71, while the broader Topix index slipped 0.33% , or 6.66…
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Weekly inflation surges to its highest since January 2020
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[ad_1] — AFP/File KARACHI: The weekly inflation in Pakistan, based on the Sensitive Price Index (SPI), for the week that ended on December 23, registered an increase of 19.83% (year-on-year) for the combined income group. Topline Securities noted that the year-on-year increase was the highest since January 2020. Meanwhile, on a week-on-week basis, the SPI…





