Over 50 ultra-processed food items may face 5% FED ISLAMABAD: In a significant move to boost revenue, the government is expected to introduce a 5 percent Federal Excise Duty (FED) on more than 50 categories of ultra-processed foods in the upcoming 2025–26 budget. Sources informed Business Recorder on Monday that
KARACHI: The Pakistani rupee recorded a slight gain against the US dollar last week, appreciating by Rs0.05 or 0.02% in the inter-bank market.
According to the State Bank of Pakistan (SBP), the local currency closed at 281.66
KARACHI: The Pakistan Stock Exchange (PSX) witnessed a robust rebound, marking its highest week-on-week (WoW) gain in five years, driven by the announcement of a ceasefire
New tariff policy: customs duties capped at 15pc ISLAMABAD: In a decisive step to boost Pakistan’s faltering economy, Prime Minister Shehbaz Sharif on Friday introduced a comprehensive new tariff policy, capping customs duties at 15% and outlining a gradual elimination of additional and regulatory duties over the next four to
