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All set for gas tariff hikes across the country
ISLAMABAD (PEN) : The government is now ready for another gas price hike in Punjab and Khyber Pakhtunkhwa after preparing a plan for Sindh and Balochistan, as the Sui Northern Gas Pipeline Limited (SNGPL) has requested the Oil and Gas…
IMF wants cryptocurrencies brought into tax net
ISLAMABAD (PEN) : The International Monetary Fund (IMF) has recommended the Federal Board of Revenue (FBR) for an expansion in the scope of Capital Gains Tax (CGT) by bringing cryptocurrencies into the tax net.
The development comes…
Pakistani Dealer Marvels at Integration of Home Appliances at AWE 2024
SHANGHAI (PEN) : Pakistani dealer Mr. Muhammad Khurram Shahzad Alan, who has been doing business with China for over two decades, expressed his amazement at the seamless integration of various home appliances displayed at the Appliance and…
PFC delegation to participate in five-day 135th Canton Fair China
LAHORE (PEN) - A delegation of Pakistan Furniture Council (PFC) will participate in the five-day 135th Canton Fair China, commencing on April 23, aiming to explore export markets and foster bilateral trade relations.
Chairing the PFC…
Pakistan Railways launches longest goods train in history
ISLAMABAD (PEN ) : The Pakistan Railways has unveiled the longest freight train in its history, marking a significant stride in the country's rail transportation sector.
Stretching to 2,500 feet, this freight train comprises 50 bogies,…
Pakistan announces Zakat, Sadaqah-e-Fitr & Fidya rates for 2024
ISLAMABAD (PEN ) : Sheikh Al-Hadith Professor Dr. Mufti Muhammad Zafar Iqbal Jalali, the chairman of the Shariah Board Pakistan, has set the minimum amounts for Sadaqah-e-Fitr and Fidya for the current year.
According to the…
Pakistan’s foreign exchange reserves witness boost to $13bn
ISLAMABAD (PEN ) : Pakistan’s foreign exchange reserves have seen a modest increase, according to a recent State Bank report. The total reserves climbed to $13.2 billion, reflecting a rise of $131 million.
The SBP revealed that the rise…
Pakistan’s seafood exports to China up 13% in 2023
BEIJING (PEN) : Pakistan’s seafood exports to China increased by 13% in 2023 compared to the previous year. The rise is due to the growing demand for seafood products in China, a trend that has been steadily increasing over the past few…
Initiatives for insurance sector discussed
ISLAMABAD (PEN) : The Securities and Exchange Commission of Pakistan (SECP) has directed digitalisation of the whole insurance sector, including life and non-life companies.
While prioritising the growth and expansion of the insurance…
Pakistan’s new reefer truck transit sparks bilateral trade surge with Russia
ISLAMABAD (PEN) : Pakistan has embarked on a groundbreaking journey in broadening its trade ties with Russia, marking a new milestone in the realm of agriculture. Managed by the National Logistics Cell (NLC) and the Special Investment…