Islamabad: Finance Minister Muhammad Aurangzeb has expressed optimism about Pakistan’s economic outlook, stating that the country is expected to see further improvement in the upcoming financial year. Addressing the Pakistan Stock Exchange (PSX) via video link, the finance minister highlighted recent economic developments and said that investor confidence in Pakistan is improving alongside broader macroeconomic…

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Domestic copper rates in Pakistan remain steady today, driven by strong industrial demand and prevailing international benchmarks on the London Metal Exchange. High-quality Millberry copper scrap serves as the core benchmark for recycled metals across the country and is currently trading at approximately Rs. 5,500 per kilogram. This specific grade is highly sought after by…

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ISLAMABAD: The Finance Minister of Pakistan, Muhammad Aurangzeb, has announced a significant reduction in the withholding tax levied on overseas transactions made through debit and credit cards during his budget 2026-27 speech. Under the revised policy, the withholding tax on transactions made abroad or through international online platforms using Pakistani bank-issued debit and credit cards has…

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Silver prices in Pakistan have experienced significant volatility during this week with international bullion movement and local market forces playing role in chandi ka rate falling and gaining between Rs 7,102 and Rs 9,002 per tola. Weekend Silver Rate Update- June 13, 2026 As of the weekend close on June 13, 2026, the silver rate…

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KARACHI: Pakistan recorded another strong performance in workers’ remittances as overseas Pakistanis sent $4.25 billion to the country during the month of May, providing further support to foreign exchange reserves and the national economy. The figures were shared by Khurram Shehzad, Adviser to the Prime Minister on Finance, who highlighted the continued growth in remittance…

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LAHORE: Jamaat-i-Islami (JI) Emir Hafiz Naeemur Rehman has demanded the immediate abolition of the petroleum levy, substantial tax relief for salaried individuals and the empowerment of local governments, warning that the JI will launch a nationwide protest movement if the government presents an anti-people budget. Addressing a press conference at Mansoora on Saturday, Mr Rehman…

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Pakistan’s latest petroleum pricing structure has once again drawn public attention, as official documents reveal that a significant portion of the petrol price is made up of government levies and distribution margins rather than the actual refinery cost. Despite a recent reduction in fuel prices, consumers continue to face a heavy financial burden due to…

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Islamabad: Flour prices have increased further across Pakistan, adding to the financial burden on households already coping with inflation and rising living costs. According to the latest data released by the Pakistan Bureau of Statistics (PBS), the price of a 20-kilogram flour bag has climbed in several cities, with Karachi recording the highest prices in…

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Karachi: The State Bank of Pakistan (SBP) has announced the successful outcome of its “Go Cashless” campaign during Eid-ul-Adha, revealing a significant increase in digital financial activity across livestock markets and related commercial transactions nationwide. According to the central bank, digital transactions worth approximately Rs34 billion were carried out during the campaign, reflecting growing public…

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Global crude oil prices have increased again following reported missile exchanges between the United States and Iran, according to media reports. In the international market, Brent crude is trading at around $98 per barrel, while WTI crude stands at $95 per barrel. Meanwhile, mixed trends were observed in Asian and European markets. Pakistan Stock Exchange’s…

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