📢 FBR Fixes Minimum Sugar Price for Tax Collection Islamabad – The Federal Board of Revenue (FBR) has issued a notification setting a minimum price for locally produced sugar to ensure proper sales tax collection. According to the official document: The price will be reviewed every 15 days. It will be based on the sugar … Read more
📉 $1 Billion Loss Expected Due to U.S. Tariff on Pakistani Exports Islamabad – A confidential document from the Ministry of Commerce has revealed the potential damage to Pakistan’s economy after the United States imposed a 29% tariff on Pakistani goods. According to the report: Estimated Loss to Pakistan: $1 billion Despite the tariff, the … Read more
📈 PSX Recovers After Sharp Decline After a major downturn on Monday, the Pakistan Stock Exchange (PSX) opened on a positive note today, with the KSE-100 index climbing by 1,446 points to reach 116,355 points. 📉 Yesterday’s Market Crash On Monday, the market faced a massive sell-off, shedding 3,882 points and closing at 114,909.The drop … Read more
FBR Declares Collector of Customs as Regulatory Authority Major Amendments in Customs Rules 2001: New Import Restrictions on Iron and Steel Scrap Islamabad: The Federal Board of Revenue (FBR) has implemented significant amendments to the Customs Rules 2001, appointing the Collector of Customs as the Regulatory Authority. Additionally, strict import restrictions on iron and steel … Read more
The Pakistani Rupee (PKR) showed resilience against the US Dollar (USD) on Wednesday, bolstered by expectations of economic improvement and a slowdown in regulatory purchasing activities. Both the interbank and open market witnessed gains for the local currency as demand for the dollar weakened. Rupee Gains in Interbank Market At the start of the trading … Read more
Warren Buffett once said that liquor, ladies, and leverage are the three “L’s” that can ruin even the smartest person’s life. While the first two might be obvious, it’s the third “L,” leverage or debt, that often traps middle-class individuals, turning their lives into a living nightmare. The wealthy use leverage wisely to grow richer, … Read more
