Roshan Digital Account Inflows Fall to $171 Million in April
Foreign exchange inflows through the Roshan Digital Accounts (RDAs) stood at $171 million in April 2024, compared to $182 million in the previous month.
Overall RDA funds received to date increased to $7.831 billion by the end of April 2024, accordi…
Punjab Rural Economy in Danger, Fruit Farmers Suffer from 20% FED
The agricultural sector, already burdened by an ongoing wheat crisis, is facing additional challenges as juice and nectar producers reduce their fruit purchases. This downturn is linked to the recent implementation of higher taxes on the industry, re…
PIA Holding Company to Start Trading At Final Closing Price of PIAA
Shares of PIA Holding Company Limited (PIAHCL) will start trading at Pakistan Stock Exchange at the same price as the final closing rate of Pakistan International Airlines Corp (PSX: PIAA), the airline informed the main bourse on Tuesday.
The openin…
FBR Can Collect Rs. 36 Trillion in Taxes: Defence Minister
Illegal and smuggled cigarettes cause an annual loss of over Rs 310 billion to Pakistan’s economy, a report by the National University of Science and Technology (NUST) said on Tuesday.
At the launch event of the report, Federal Minister of Defence K…
Cement Prices Increase in Pakistan
The retail price of cement has been increased up to Rs. 30 per bag in Pakistan. According to JS Global, cement players in the Northern region have increased prices by up to Rs. 20-30/bag of late to reinstate earlier price levels.
Prices now range be…
OGRA Estimates New Gas Prices For Both Sui Companies in FY25
The Oil and Gas Regulatory Authority (OGRA) has announced the estimated revenue requirements and new gas prices for both Sui companies during fiscal year 2024-25.
Official documents seen by ProPakistani reveal that OGRA has proposed an average gas p…
Pakistan’s Mobile Phone Imports Surge By 209% in 10 Months
The country imported mobile phones worth $1.462 billion during the first ten months (July-April) of the current fiscal year 2023-24, registering a growth of 209.07 percent when compared to $473.287 million during the same period of last fiscal year.
…
FBR to Devise Lab Tests of Auctioned Vehicles
Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to devise a comprehensive standing operating procedure (SOP) regarding lab tests of the auctioned vehicles by the successful bidders.
In this regard, the FTO has issued inst…