The Federal Board of Revenue (FBR) has allowed sales tax-registered persons to engage one or more licenced integrators, required for integration of its electronic invoicing hardware and software with the Board’s computerised system. The FBR has issued Sales Tax General Order #01 of 2026/ IR Operations here on Tuesday on the subject of “Issuance of Electronic Sales Tax Invoices and Integration o
Gold prices edged higher on Wednesday to their highest in nearly two weeks, supported by a weaker dollar as US President Donald Trump said the war with Iran could wind down within two to three weeks. Spot gold rose 0.4% to $4,685.79 per ounce by 0228 GMT, having hit its highest level since March 20 at $4,723.21 earlier in the day. US gold futures for April delivery gained 0.8% to $4,713.4
Oil rose more than 1% on Wednesday, with Brent futures extending gains after a record monthly rise in March, as Middle East volatility kept markets jittery despite reports that the US-Israeli war on Iran may be nearing an end. The front-month Brent contract for June climbed $1.40, or 1.4%, to $105.37 per barrel at0430 GMT. Brent logged a record monthly gain of 64% in March, according to LSEG
Mari Energies Limited, one of Pakistan’s largest E&P companies, has partnered with Ghani Chemical Industries Limited (GCIL) to establish a special purpose vehicle (SPV) aimed at converting waste gases into commercially viable products, including liquefied natural gas (LNG) and carbon dioxide. The listed company disclosed the development in a notice to the Pakistan Stock Exchange (PSX). “Mari
A day after intense selling pressure, buying momentum returned at the Pakistan Stock Exchange (PSX), with the benchmark KSE-100 Index gaining over 2,200 points during the opening minutes of trading on Tuesday. At 9:35am, the benchmark index was hovering at 149,106.44, up by 2,263.47 or 1.54%. Buying was observed in key sectors, including automobile assemblers, cement, commercial banks, oil a