Business

FAISALABAD (Kashmir English): The National Savings Directorate conducted the 104th quarterly draw for the Rs 750 prize bond on Wednesday, October 15, 2025, today, at its Muzaffarabad office, with thousands of bondholders awaiting results. The transparent balloting process occurs in the presence of government officials and public observers. This savings scheme, operated under the State […]

  ISLAMABAD (Kashmir English): Pakistan has no trade with 11 countries as the government reiterates no trade with India until Kashmir’s annexation decision is reversed. The federal government has informed the parliament that Pakistan currently has no trade relations with 11 countries across the world. The official list, shared with the lawmakers, includes India and

KARACHI (Kashmir English): Petrol prices in Pakistan are expected to drop from October 16, 2025, giving some relief to consumers in times of inflation. Sources said that from October 16, petrol price should go down by Rs. 6.10 per litre, whereas high-speed diesel should go down by 97 paisa per litre. Kerosene is likely to

ISLAMABAD (Kashmir English): The government’s proposal to waive sales tax on petroleum products has been rejected by the International Monetary Fund (IMF), which has dealt a major blow to the $6 billion upgrade project of local refineries. According to sources, the government is now rethinking its policy to support the refining sector. Officials in the

ISLAMABAD (Kashmir English): The Federal Board of Revenue (FBR) has reported a significant increase in tax collections from wedding ceremonies across the country as more attention has been paid to ensuring the collection of withholding tax. According to official FBR documents, withholding tax deductions on weddings rose by 19 percent to Rs 2.2 billion during