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Mubarak Zeb Khan

Mubarak Zeb Khan

Dawn Business

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Regional exports grow 14pc

ISLAMABAD: Driven by higher shipments to China, the exports to nine regional countries witnessed a year-on-year growth of 14.3 per cent during the...

28.11.2023 40

Dawn Business

Mubarak Zeb Khan

Inflation stays above 40pc for second straight week

ISLAMABAD: Annual short-term inflation remained above 40 per cent for the second week in a row, mainly driven by a massive increase in gas prices,...

25.11.2023 60

Dawn Business

Mubarak Zeb Khan

Banks told to deposit windfall tax by Nov 30

ISLAMABAD: In what appears to be a major move, the Federal Board of Revenue (FBR) on Wednesday notified the imposition of a 40 per cent tax on...

23.11.2023 10

Dawn Business

Mubarak Zeb Khan

Govt rejects millers’ demand to allow sugar export

ISLAMABAD: In an unprecedented move to prevent a potential surge in local retail prices, the Sugar Advisory Board on Tuesday rejected a proposal from...

22.11.2023 10

Dawn Business

Mubarak Zeb Khan

US extends exemption related to fish exports

ISLAMABAD: In a significant development for the seafood industry, Pakistan has successfully secured a two-year extension until Dec 31, 2025 to...

22.11.2023 10

Dawn Business

Mubarak Zeb Khan

Surging food exports hitting domestic buyers

ISLAMABAD: The export of raw food products recorded an upsurge of almost 60 per cent in October compelling domestic consumers to pay higher prices....

19.11.2023 20

Dawn Business

Mubarak Zeb Khan

Gas price hike fuels short-term inflation to 42pc

Ziauddin • Annual change in SPI crosses 40pc for first time since early June • Gas charges rocket 1,100pc year on year ISLAMABAD: A massive...

18.11.2023 10

Dawn Business

Mubarak Zeb Khan

ECC defers hike in retail prices of over 260 drugs

ISLAMABAD: The Economic Coordination Committee (ECC) of the cabinet on Wednesday deferred a summary of the Ministry of National Health Services (NHS)...

16.11.2023 10

Dawn Business

Mubarak Zeb Khan

Landmark trilateral moot in Islamabad resolves to boost regional connectivity

• Pakistan hosts first ministerial meeting with Afghanistan, Uzbekistan • Vows to increase trade, foreign investment ISLAMABAD: The first...

15.11.2023 20

Dawn Business

Mubarak Zeb Khan

Plan shared with IMF to add 1.5m new taxpayers

ISLAMABAD: Pakistan’s top tax authority has unveiled an ambitious plan to the International Monetary Fund to bring 1.5 million new taxpayers into...

12.11.2023 30

Dawn Business

Mubarak Zeb Khan

Weekly inflation stays above 29pc

ISLAMABAD: The short-term inflation rem­ained elevated, marking a 29.86 per cent year-on-year increase in the week ending on Nov 9 mainly due to the...

11.11.2023 10

Dawn Business

Mubarak Zeb Khan

Exports to Europe fall despite GSP+

ISLAMABAD: Pakist­an’s exports to European nations witnessed a 12.13 per cent decline in the first quarter of the current fiscal year compared to...

10.11.2023 20

Dawn Business

Mubarak Zeb Khan

Exports to Middle East jump over 21pc

ISLAMABAD: Exports to the Middle East bounced back with a growth of 21.38 per cent in the first quarter of the current fiscal year from a year ago. A...

07.11.2023 30

Dawn Business

Mubarak Zeb Khan

Third monthly rise in export of services

ISLAMABAD: The exp­ort of services rose for the third consecutive month, witnessing a marginal growth of 1.08 per cent year-on-year to $571.14...

05.11.2023 9

Dawn Business

Mubarak Zeb Khan

Weekly inflation surges 30pc on costly food

ISLAMABAD: Short-term inflation surged 29.88 per cent year on year in the week ending on Nov 2 primarily due to increasing prices of kitchen products,...

04.11.2023 10

Dawn Business

Mubarak Zeb Khan

Inflation cools in October

Prices of condiments and spices jumped 84.5pc year on year in urban areas followed by sugar (69.9pc), gur (64.8pc), wheat flour (63.4pc), rice...

02.11.2023 10

Dawn Business

Mubarak Zeb Khan

Merchandise exports grow over 13pc

ISLAMABAD: Pakistan’s merchandise exports increased for the second month in a row after a year-long downward trend, data released by the Pakistan...

02.11.2023 20

Dawn Business

Mubarak Zeb Khan

FBR unearths Rs716m tax evasion in steel bar clearance

ISLAMABAD: The Directorate General of Intelligence and Investigation of the Federal Board of Revenue (FBR) has unearthed duty and tax evasion of...

31.10.2023 10

Dawn Business

Mubarak Zeb Khan

Reforms introduced to put economy back on track: finance minister

ISLAMABAD: Caretaker Finance Minister Dr Shamshad Akhtar on Saturday said that the caretaker set-up has introduced reforms to put the country’s...

29.10.2023 20

Dawn Business

Mubarak Zeb Khan

Weekly inflation rises 29.6pc

ISLAMABAD: Short-term inflation rose 29.65 per cent on a year-on-year basis in the week ending on Oct 27 despite a hefty cut in prices of petroleum...

28.10.2023 20

Dawn Business

Mubarak Zeb Khan

ECC okays Rs8bn for two A320 aircraft

ISLAMABAD: In a significant development, the Economic Coordination Committee (ECC) of the Cabinet on Friday green-lighted a hefty sum of Rs8 billion...

28.10.2023 10

Dawn Business

Mubarak Zeb Khan

Regional exports increase 3pc in July-September

ISLAMABAD: The first quarter of the current fiscal year witnessed a marginal growth of three per cent in exports to nine regional countries, mainly...

27.10.2023 10

Dawn Business

Mubarak Zeb Khan

15m high earners are not paying taxes: FBR chief

ISLAMABAD: A staggering 15 million individuals, including agricultural income earners, are currently not paying any tax, the Federal Board of Revenue...

26.10.2023 40

Dawn Business

Mubarak Zeb Khan

Balochistan, Sindh cash surpluses help contain centre’s fiscal deficit

ISLAMABAD: Pakistan’s overall fiscal deficit — the difference between income and expenditure — clocked in at 0.9 per cent of the gross domestic...

26.10.2023 20

Dawn Business

Mubarak Zeb Khan

RLNG gets costlier by 3.8pc

ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) has notified that the average sale price of re-gasified liquefied natural gas (RLNG) for...

25.10.2023 8

Dawn Business

Mubarak Zeb Khan

ECC okays massive hikes in gas tariffs

ISLAMABAD: In a significant development on Monday, the Economic Coordination Committee of the Cabinet greenlighted a substantial hike in natural gas...

24.10.2023 7

Dawn Business

Mubarak Zeb Khan

Uptick in quarterly non-textile exports

ISLAMABAD: Pakistan’s exports of non-textile products saw a paltry growth of 1.33 per cent in the first quarter of the current fiscal year from a...

22.10.2023 10

Dawn Business

Mubarak Zeb Khan

Short-term inflation clocks in at 35.4pc

ISLAMABAD: Short-term inflation soared to 35.45 per cent on a year-on-year basis in the week ending on October 19, according to official data released...

21.10.2023 20

Dawn Business

Mubarak Zeb Khan

Food exports rise 18pc in July-Sept

ISLAMABAD: Pakistan’s food exports grew more than 18 per cent in the first quarter of fical year 2023-24 to $1.28 billion, according to data...

20.10.2023 100

Dawn Business

Mubarak Zeb Khan

Textile exports contract for third month in a row

ISLAMABAD: Textile and clothing exports fell for third month in a row due to growing production costs and liquidity crunch, according to statistics...

19.10.2023 10

Dawn Business

Mubarak Zeb Khan

No amnesty for non-customs paid vehicles: FBR

ISLAMABAD: The Federal Board of Revenue (FBR) has ruled out the existence of any proposed amnesty scheme targeting non-customs paid (NCP) vehicles,...

17.10.2023 20

Dawn Business

Mubarak Zeb Khan

Big industry expands in August after 11 months

ISLAMABAD: Large-scale manufacturing (LSM) registered year-on-year growth of 2.52 per cent in August, reversing the trend after 11 consecutive months...

17.10.2023 20

Dawn Business

Mubarak Zeb Khan

Smuggled goods worth Rs5bn seized in six weeks

ISLAMABAD: In an effective step towards curbing smuggling, Pakistan Customs seized smuggled goods worth Rs5.5 billion during the past six weeks. A...

15.10.2023 20

Dawn Business

Mubarak Zeb Khan

Weekly inflation hits 38.28pc

ISLAMABAD: Short-term inflation hit a new high for the fifth week in a row as the retail price of petroleum products soared, according to official...

14.10.2023 20

Dawn Business

Mubarak Zeb Khan

Agro, food exports jump 37pc

ISLAMABAD: Pakistan has seen a significant increase of 37.4 per cent in the export of agro and food products in the first quarter of the current...

12.10.2023 20

Dawn Business

Mubarak Zeb Khan

Surge in Afghan transit cargo raises smuggling concerns

• Transit cargo grows in the second year of Taliban rule • Cargo flow jumps 39pc, number of containers up from 74,316 last year to 102,886 in FY23...

08.10.2023 30

Dawn Business

Mubarak Zeb Khan

Short-term inflation stays above 37pc

ISLAMABAD: Short-term inflation, measured by the Sensitive Price Index (SPI), saw a year-on-year increase of 37.07 per cent for the week ending Oct 5,...

07.10.2023 40

Dawn Business

Mubarak Zeb Khan

GSP+ status extended for four years

ISLAMABAD: The European Parliament on Thursday unani­mously voted to extend the current generalised system of preferences (GSP) for another four...

06.10.2023 60

Dawn Business

Mubarak Zeb Khan

Services exports rise for second month in August

ISLAMABAD: Exports of services rose for the second month in a row reaching $600.03 million in August, up 2.34 per cent from $586.29m in the same month...

05.10.2023 10

Dawn Business

Mubarak Zeb Khan

Fee slapped on Afghan transit trade

ISLAMABAD: In a significant move to curb the illegal entry of goods into the country, the government announced on Tuesday a 10 per cent processing fee...

04.10.2023 20

Dawn Business

Mubarak Zeb Khan

Exports reverse declining trend in September

ISLAMABAD: Pakis­tan’s merchandise exports registered year-on-year a modest growth of 1.15 per cent in September, reversing the trend after 12...

03.10.2023 10

Dawn Business

Mubarak Zeb Khan

July-September tax collection exceeds target

ISLAMABAD: The tax authorities collected Rs2.041 trillion in the first quarter of the current fiscal year exceeding the target of Rs1.977tr by Rs64bn...

01.10.2023 10

Dawn Business

Mubarak Zeb Khan

Returns filing date extended to Oct 31

ISLAMABAD: In a move to facilitate taxpayers who failed to meet the initial deadline, the government on Saturday announced a month’s extension for...

01.10.2023 10

Dawn Business

Mubarak Zeb Khan

Inflation seen surging to 31pc in September

ISLAMABAD: The finance ministry on Wednesday forecast inflation to surge by 3-4 percentage points to 31 per cent in September compared to 27.4pc in...

30.09.2023 90

Dawn Business

Mubarak Zeb Khan

Exports to US plunge 24pc in July-August

ISLAMABAD: Pakistan’s merchandise exports to the United States persistently declined during the first two months of the current fiscal year,...

28.09.2023 10

Dawn Business

Mubarak Zeb Khan

Draft tax treaty with Germany signed

ISLAMABAD: Pakistan and Germany on Tuesday signed the first draft of an agreement for the elimination of double taxation on income and the prevention...

27.09.2023 10

Dawn Business

Mubarak Zeb Khan

Inflation monitoring system revived

ISLAMABAD: As prices continue to soar, Caretaker Planning Minister Sami Saeed on Monday ordered the revival of the Decision Support System for...

26.09.2023 20

Dawn Business

Mubarak Zeb Khan

FBR set to roll out new system to check sugar smuggling, tax evasion

ISLAMABAD: After the failure of the Track and Trace System (TTS) laun­ched in 2021, the Federal Board of Revenue has rolled out a new software-based...

24.09.2023 20

Dawn Business

Mubarak Zeb Khan

Weekly inflation hits 38.6pc

ISLAMABAD: The short-term inflation hit a new high for the third week in a row as the retail price of petroleum products soared, according to official...

23.09.2023 40

Dawn Business

Mubarak Zeb Khan

Non-textile exports flat

ISLAMABAD: The exports of non-textile products witnessed a paltry negative growth of 0.54 per cent in the first two months of the current fiscal year...

21.09.2023 10

Dawn Business

Mubarak Zeb Khan

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