Snatching a decent way of earning from the vulnerable in Pakistan!
Massive increase in prices of petroleum products has led to a significant fall in demand for auto rickshaws. During the month of July 2022,...
Alarming budget deficit revealed!
Consequences of massive economic deterioration have started to come on the surface as the summary of consolidated fiscal operation uploaded by the Finance Division...
Learning from Asia’s extraordinary policymakers
My last article was an ode to Mahbub ul Haq. His untimely death at the turn of the century robbed our country of a...
Quit smoking or pay taxes!
During his press conference on Thursday, Federal Minister for Finance Miftah Ismail created panic among smokers as he said that the government would impose...
Deposits increased- so are the earnings of banks!
The bank deposits grew by a notable 17 percent over the past one year to Rs.22.1 trillion in July as compared to Rs.18.8 trillion...
Govt removes ban on imports but with conditions
In a press conference today, Federal Minister for Finance and Revenue Miftah Ismail announced that the government has decide to lift the ban on imports...
New tax will cause unemployment!
In order to provide relief of billions of rupees to the traders, bankers, brokers and real estate players, it is likely that the government...
IMF Board meeting date is out!
Much awaited Executive Board meeting of the International Monetary Fund (IMF) for the combined seventh and eighth review under the Extended Fund Facility (EFF)...
The puzzling decrease in remittances
In the first month (July) of new financial year, remittances sent by overseas Pakistanis decreased to a five-month low at $2.52 billion. Although, inflow...
Tax relief expected for the real estate sector!
Withdrawal of the fixed tax for retailers and shopkeepers imposed through electricity bills for a year was welcomed by the Sarhad Chamber of Commerce...
Intra-day update: rupee changes track against the greenback
Since July 28, Rupee has begun to depreciate against the US dollar for the first time, falling by Rs1.01 in the inter-bank market on...
SBP hinders the expansion of a major manufacturing company
Pakistan's textile industry is highly significant for the economy, accounting for 60% of the country's exports. To survive in today's highly competitive global environment,...