The World Bank has termed Pakistan’s tax system as “extremely unfair and absurd” and emphasized that property must be effectively brought into the tax net with accurate registration and taxation, as reported by national media. According to the World Bank, the growing burden on the salaried class can only be reduced if the tax net…
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Even when India was staring down the barrel of a 27 percent tariff on most of its exports to the United States, business executives and government officials saw an upside. India’s biggest economic rival, China, and its smaller competitors like Vietnam were facing even worse. India has been pushing hard in recent years to become…
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In a rare emergency session on Saturday, UK lawmakers cut short their Easter break to pass legislation rescuing the country’s last fully integrated steel plant from imminent closure.Prime Minister Keir Starmer called the extraordinary session — only the sixth of its kind since World War II — to pass a bill aimed at halting plans…
Chris Baraniuk Technology Reporter Chris Baraniuk Soaring cocoa prices are spurring cocoa-free treats The first thing I notice is the lack of a strong aroma. There’s no familiar, powerful waft of cocoa when opening this bag of sweets, the packet of biscuits, or the caramel-filled truffles. And as I taste each one as part of…
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Listen to article ISLAMABAD: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, met with the Secretary General of the Economic Cooperation Organisation (ECO), Dr Asad Majeed Khan, on Tuesday to discuss enhancing regional economic cooperation and strengthening ECO’s role in promoting trade, commerce, and tourism among its 10 member states. Khan briefed the minister on ECO’s…
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Last Updated:April 04, 2025, 17:47 IST Gold Rates Prediction In Future: John Mills, a market strategist at US-based financial services firm Morningstar, projected that gold could fall to $1,820 per ounce. On Monday, March 31, the price of 24-carat gold was recorded at Rs 89,510 per 10 grams. Gold Price Prediction: The soaring price of…
The stock market extended its record-breaking streak on Friday, fuelled by positive investor sentiment over the government’s electricity relief package, falling inflation, and optimism surrounding the International Monetary Fund (IMF) programme. The Pakistan Stock Exchange’s (PSX) benchmark KSE-100 Index surged to an intraday high of 120,796.67, gaining 1,858.56 points, or 1.56%. The day’s low was…
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New Delhi: About 36.57 lakh central government employees and 33.91 lakh pensioners are eagerly waiting to hear about the updates on formation of 8th Central Pay Commission which will benefit them financially. The proposed day of implementation is January 1, 2026. 8th Pay Commission: Will Pay Panel Be Set Up This Month (April)? In February…
In Washington, President Trump has said he is willing to meet with Xi Jinping, China’s top leader. In Beijing, Chinese officials and experts agree that a meeting between the heads of state must precede any broad reset of relations with the United States amid Mr. Trump’s aggressive approach to trade and foreign policy. But arranging…
New Delhi: The Centre’s fiscal deficit until February in this financial year touched 85.8% of the revised annual target, compared with 86.5% a year before, thanks to tight spending, particularly capital expenditure, showed official data released on Friday.The data bolsters chances of the government meeting its fiscal deficit target of 4.8% of gross domestic product…
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