Karachi, April 5, 2025 – K-Electric (KE) consumers have collectively paid a staggering Rs 25 billion as advance tax during the first eight months (July–February) of the current fiscal year 2024–25, marking a substantial increase in financial pressure amid rising energy costs.
(more…)Author: Shahnawaz Akhter
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PSX Poised for Growth Despite Global Trade Tensions
Karachi, April 5, 2025 – The Pakistan Stock Exchange (PSX) is expected to maintain its positive momentum in the coming week, despite the ongoing global trade tensions and the looming trade war.
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Petroleum Sales Rise by 5% YoY in March 2025
Karachi, April 5, 2025 – Pakistan’s petroleum sales witnessed a 5% year-on-year (YoY) increase in March 2025, reaching a total of 1.22 million tons.
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Massive Selling Erases Early Gains in KSE-100 Index
Karachi, April 4, 2025 – The Pakistan Stock Exchange (PSX) witnessed intense selling pressure on Friday, as the benchmark KSE-100 index lost 146 points to close at 118,792—down from the previous day’s close of 118,938 points.
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Pakistan Customs Revises Values for Old and Used Autoparts
Karachi, April 4, 2025 — Pakistan Customs has officially revised the customs values of old and used autoparts to align them with prevailing international market rates.
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Pakistan Issues Customs Values for Ammunition Imports
Karachi, April 4, 2025 – In a significant move to streamline import assessments, the Directorate General of Pakistan Customs has issued Valuation Ruling No. 1995 of 2025, establishing updated customs values for ammunition.
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PSX Celebrates Tariff Cuts, Reaches Historic 120,749 Points
Karachi, April 4, 2025 – The Pakistan Stock Exchange (PSX) reached an all-time high on Friday, trading at an impressive 120,749 points, fueled by the government’s significant tariff cuts.
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KATI Welcome Electricity Tariff Cut, Terms Positive Step
Karachi, April 3, 2025 – The Korangi Association of Trade and Industry (KATI) has strongly welcomed the government’s decision to implement a major reduction in electricity tariffs.
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Pakistan Reports $17.9 Billion Trade Deficit in 9MFY25
Islamabad, April 3, 2025 – Pakistan has reported an increase in its trade deficit, which widened to $17.90 billion during the first nine months (July – March) of the fiscal year 2024-25.
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Pakistan’s Consumer Price Inflation Drops to 0.7% in March 2025
Islamabad, April 3, 2025 – Pakistan’s consumer price inflation has declined significantly, falling below 1% in March 2025, largely due to reduced food prices and lower costs in the housing and transport sectors.
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