Islamabad: In a recent statement, Dr. Gohar Ejaz, former caretaker federal minister and Chairman of the FPCCI Economic Think Tank, called for a 4% reduction in interest rates at the upcoming Monetary Policy meeting. Citing the positive shift to 19.5% f…
Islamabad: The Oil Marketing Companies (OMC) sector recorded a significant decrease in both sales and volumes in August 2024, with a year-on-year decline of 14%, reaching the lowest levels for August in over two decades. This downturn in the industry i…
Karachi: In a recent statement, leaders from the Karachi Chamber of Commerce and Industry (KCCI) called on the State Bank of Pakistan (SBP) to significantly lower the policy interest rate by 500 basis points, aiming to reduce it to 14.5 percent from …
Lahore: Q High Street, a new development by Q Link, is promising investors a 24% guaranteed rental yield on 6 marla commercial spaces located in Lahore’s dynamic commercial hub at Pine Avenue, Eden Abad, near the Lake City Ring Road Interchange. This d…
Islamabad: Pakistan Railways has entered into agreements with a Chinese firm and a Pakistani company to install optical fiber cables along two critical railway routes. These strategic partnerships are aimed at enhancing the railway’s communication infr…
Islamabad: In an ambitious move to modernize the tax system, Prime Minister Shahbaz Sharif has announced the formation of a 10-member task force aimed at digitizing the operations of the Federal Board of Revenue (FBR).According to Zameen.Com, the task …
Lahore: The Punjab government is set to introduce a new property tax on residential properties measuring 5 marla and above. This initiative is part of a broader attempt to enhance provincial revenue through targeted tax measures on larger homes.Accordi…