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OECD

Global poll: ‘Almost half of taxpayers don’t see their taxes being spent for public good’

KARACHI: Across the globe taxpayers support the idea of a fiscal contract – citizens agreeing to pay tax in...

Published 22 Dec, 2024 02:57am

World

Britain drug-cost watchdog says it will recommend Lilly obesity drug

LONDON: Britain’s drugs cost-effectiveness watchdog NICE said on Thursday it will recommend Eli Lilly’s obesity drug...

Published 05 Dec, 2024 12:06pm

Opinion

The unexplored blue: charting Pakistan’s economic potential

The Organisation of Economic Cooperation and Development (OECD) describes the ocean as the next ‘Great Economic...

Published 05 Dec, 2024 07:29am

Business & Finance

OECD warns of protectionism weeks before Trump return

PARIS: The OECD warned Wednesday that protectionist trade measures pose a major risk to disrupting the world ...

Published 05 Dec, 2024 06:47am

Business & Finance

OECD calls for higher property taxes to fight debt

PARIS: The OECD on Wednesday slightly raised its world economic growth forecast for 2024 but called for higher...

Published 26 Sep, 2024 06:48am

World

Swiss vote on pensions and environment protections

GENEVA: Switzerland may be associated with pristine natural landscapes, but environmentalists sounding the alarm...

Published 22 Sep, 2024 12:07pm

Foreign assets: Lahore ATIR issues order in favour of taxpayer

ISLAMABAD: The Appellate Tribunal Inland Revenue (ATIR) Lahore has declared that any undisclosed foreign asset or...

Updated 23 Aug, 2024 09:12am

Opinion

OECD, Pakistan & tax evasion

The Organisation for Economic Co-operation and Development (OECD), an international organization dedicated to...

Updated 26 Jul, 2024 08:22am

Opinion

Taxation in Pakistan: taxing the untaxed elites

Chris Matthews’s famous quote “Paying tax is not a punishment. It’s a responsibility”. Most developed...

Updated 02 Jul, 2024 06:33am

Opinion

Navigating economic diplomacy-II

Some scholars argue that investment treaties were signed by developing countries not because they expected any...

Published 16 Jun, 2024 02:40am

Markets

Oil prices gain 2% to one-week high on hopes of higher summer fuel demand

NEW YORK: Oil prices climbed about 2% to a one-week high on Monday, buoyed by hopes of rising fuel demand this...

Updated 10 Jun, 2024 09:18pm

World

Rich nations met $100bn climate finance goal two years late: OECD

PARIS: Wealthy countries met their target of providing $100 billion in annual climate aid to poorer countries for ...

Published 30 May, 2024 06:19am

Business & Finance

OECD upgrades global growth outlook

NEW YORK: The global economy is growing faster than expected only a few months ago thanks to resilient US activity...

Published 03 May, 2024 06:29am

Markets

Asia’s crude oil imports slip in April, trail OPEC forecasts: Russell

LAUNCESTON: Asia’s imports of crude oil slipped slightly in April from March, as increased arrivals in China failed...

Published 02 May, 2024 11:04am

World

US negotiating R&D tax credit as part of global tax deal: Yellen

WASHINGTON: Treasury Secretary Janet Yellen said on Tuesday that the United States is in talks with other countries...

Published 01 May, 2024 04:14am

Pakistan

AEOI: OECD team undertakes onsite assessment

ISLAMABAD: An assessment team of the Organization of Economic Cooperation and Development (OECD) Global Forum on...

Published 27 Apr, 2024 05:03am

Markets

IEA trims oil demand forecast on weakness in wealthier countries

LONDON: The International Energy Agency (IEA) trimmed its forecast for 2024 oil demand growth on Friday, citing...

Published 12 Apr, 2024 02:10pm

World

OECD ups world growth forecast but sees Middle East ‘risk’

PARIS: The OECD raised its 2024 world economic growth forecast Monday but warned that the Middle East conflict posed...

Published 05 Feb, 2024 05:45pm

Profits arising from CDC, CSC, THC connected to operations of ships in international traffic: SC

ISLAMABAD: The Supreme Court held that profits arising from container detention charges (CDC), container service...

Updated 28 Jan, 2024 05:59pm

World

World’s five richest men doubled their fortunes since 2020: Oxfam

DAVOS, Switzerland: The world’s wealthiest five men have more than doubled their fortune since 2020, the charity...

Published 16 Jan, 2024 05:44am

Pakistan

CCP chairman attends OECD’s Global Forum on Competition

ISLAMABAD: Chairman Competition Commission of Pakistan (CCP) Dr Kabir Ahmed Sidhu participated in the Global Forum ...

Published 26 Dec, 2023 04:30am

Opinion

The giant ship of China’s economy will continue to cleave the waves

Since the beginning of this year, the China’s economy has been moving forward, overcoming obstacles and showing a...

Published 20 Dec, 2023 06:22pm

Business & Finance

OECD sees long-term growth prospects almost halving in major economies

PARIS: Growth is projected to almost halve in developed and big emerging market economies in the coming decades,...

Published 15 Dec, 2023 03:12am

World

One in five children in rich countries lives in poverty: UNICEF

UNITED NATIONS: Sixty-nine million children – or more than one in five – live in poverty in the world’s 40 richest...

Published 06 Dec, 2023 10:55am

Business & Finance

OECD trims global growth forecast

PARIS: The world economy is likely headed for a soft landing next year, the OECD said Wednesday as it pared back its...

Published 30 Nov, 2023 04:53am

World

Global growth to slow but avoid a hard landing: OECD

PARIS: The global economy will slow slightly next year but the risk of a hard landing has subsided despite high...

Published 29 Nov, 2023 04:55pm

World

UN vote challenges OECD global tax leadership

PARIS: The Organisation for Economic Cooperation and Development’s leadership on global tax coordination has come...

Published 24 Nov, 2023 05:29am

World

Rich nations ‘likely’ met $100bn climate finance goal: OECD

PARIS: Wealthy nations likely met their goal of providing $100 billion in annual climate finance to poorer nations...

Published 17 Nov, 2023 06:06am

World

Rich nations ‘likely’ met $100bn climate finance goal: OECD

PARIS: Wealthy nations likely met their goal of providing $100 billion in annual climate finance to poorer nations...

Published 16 Nov, 2023 05:31pm

Opinion

FATF strategic initiatives & Pakistan

The fourth, three-day plenary session of the Financial Action Task Force (FATF) concluded on October 27, 2023, with...

Updated 03 Nov, 2023 07:12am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 22	252.10

Gainers
Losers
Leaders

Stock	Price
Media Times Ltd / Dec 20 Media Times Limited(MDTL)	2.37 ▲ 0.37 (18.50%)
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	7.23 ▲ 1.00 (16.05%)
Ist.Capital Sec / Dec 20 First Capital Securities Corporation(FCSC)	2.12 ▲ 0.26 (13.98%)
Khalid Siraj / Dec 20 Khalid Siraj Textile Mills Limited(KSTM)	9.60 ▲ 0.97 (11.24%)
Aruj Industries / Dec 20 Aruj Industries Limited(ARUJ)	9.90 ▲ 0.98 (10.99%)
Escorts Bank / Dec 20 Escorts Investment Bank Limited(ESBL)	4.79 ▲ 0.47 (10.88%)
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.20 ▲ 0.40 (10.53%)
S.G.Power / Dec 20 S.G. Power Limited(SGPL)	11.19 ▲ 1.02 (10.03%)
P.T.C.L. / Dec 20 Pakistan Telecommunication Company Ltd(PTC)	25.80 ▲ 2.35 (10.02%)

Stock	Price
LSE Financial Serv. / Dec 20 LSE Financial Services Limited(LSEFSL)	16.25 ▼ -1.81 (-10.02%)
Dar-es-Salaam / Dec 20 Dar-es-Salaam Textile Mills Limited(DSML)	41.93 ▼ -4.66 (-10.00%)
Maqbool Tex. / Dec 20 Maqbool Textile Mills Limited(MQTM)	31.05 ▼ -3.45 (-10.00%)
Reliance Cotton / Dec 20 Reliance Cotton Spinning Mills Limited(RCML)	621 ▼ -69.00 (-10.00%)
Sanghar Sugar / Dec 20 Sanghar Sugar Mills Limited(SANSM)	27.72 ▼ -3.08 (-10.00%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Nagina Cot. / Dec 20 Nagina Cotton Mills Limited(NAGC)	48.92 ▼ -5.41 (-9.96%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.39 ▼ -1.26 (-9.96%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.22 ▼ -7.19 (-9.93%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▲ 0.10
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▲ 0.16
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▲ 0.12
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▲ 1.47
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▲ 0.40
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	43,240,462 ▲ 1.00
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	40,539,001 ▼ -0.74
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▲ 0.24
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72

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Budget 2024-25: income tax calculator for FY25

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