June inflation drops to 9.7% YoY, compared to 10.9% in May
Food and fuel price spikes were contained, contributing to easing pressure on prices
Prices of non-perishables seen to be increasing
Economy
ISLAMABAD: Germany has stunned the world by legally allowing its companies to invest in cryptocurrency for the first time. A…
The annual trade deficit reached $30.796bn in July-June FY21 from $23.180bn over the corresponding period of last year.
The Organisation for Economic Co-operation and Development said in a statement that global companies, including US behemoths Google, Amazon, Facebook, and Apple would be taxed at a rate of at least 15 percent once the deal is implemented.
The benchmark KSE-100 recorded its highest return of 38% since FY14 in PKR terms and highest return of 47% since FY04 in USD term
Adviser to Prime Minister on Trade Razak Dawood congratulated Pakistani exporters for achieving another milestone of success despite coronavirus.
Petrol new price is Rs 112.69, diesel new price is Rs 113.99 and kerosene new price is Rs 85.75 per liter.
FBR collects Rs4,725 billion during outgoing financial year 2020-21.
This is more than the Federal Board of Revenue’s annual tax collection target.
Tax collections increased by 18.2% during the current financial year, say FBR sources.