Pakistan exported food products of $1.944 Billion from July to October
Pakistan’s Food group exports from the country during the first four months of the current financial year grew by 30.29 per cent. During the period from July-October, 2023 food commodities valuing $ 1.944 billion were exported.
Mehfooz
FBR implemented new rules for Non-Filers to blocking of Sims, Electricity and gas connections
Federal Board of Revenue has established 145 District Tax Offices which will focus on bringing 1.5 to 2 million new taxpayers into the tax net till June, 2024.
Editor
Governor SBP highlights of next five year bank’s vision
Governor SBP highlighted that SBP Vision 2028 represents SBP’s commitment to foster price and financial stability and to contribute in a sustainable economic development of the country.
Adil Aziz
Economic development should be the utmost priority: Nasir Hussain Shah
The economic development through the revival of business activities should be the utmost priority of the upcoming government in collaboration with all stakeholders, mainly the industries and chamber of commerce of the country, said Nasir Hussain Shah.
Economic instability halted the growth of LSM production
Large Scale Manufacturing Industries (LSMI) in the country showed a growth of 0.68 per cent during the first quarter of the current fiscal year.
Pharmaceutical Industry plans to enhance export by $1 Billion in FY24: DRAP CEO
The government, along with all stakeholders of the sector, has set a target to enhance pharmaceutical exports to $1 billion in the current financial year from $713 million in exports in the last financial year.
Cabinet approves levy of 40 % tax on banks’ windfall profit
The Federal Cabinet in its meeting chaired by Caretaker Prime Minister Anwaar-ul-Haq, accorded approval, upon the recommendation of Federal Board of Revenue, to impose 40 percent tax on windfall profit earned by banks on the foreign exchange transactions during the years 2021 and 2022.
Unity Foods CEO Highlights Agricultural Opportunities for Investors at The Future Summit
Unity Foods Limited, a leading agro-products company, is the Principal Sponsor of the 7th Edition of The Future Summit, a 2-day event that brings together leading experts and thought-leaders across sectors to deliberate on key issues and opportunities posed to Pakistan. The theme of this annual event this year is “The Big Picture.”
SECP watch Insurance Premium projected growth 129% to1,221Billion by 2028
The Securities and Exchange Commission of Pakistan is all set to boost the premium for the insurance sector by around 129.8 per cent from existing Rs 533 billion to Rs. 1,221 billion in the next five years.
ASA Microfinance Bank Limited to commence its commercial operations nationwide
The State Bank of Pakistan has allowed ASA Microfinance Bank (Pakistan) Limited to commence microfinance lending business nationwide from November 13, 2023.