Oxfam’s findings also drew attention to regressive tax systems in countries like Pakistan, Afghanistan, and Bangladesh.
This historic delivery follows the Pakistan-US trade agreement signed on July 31, 2025, aimed at enhancing economic ties between Islamabad and Washington.
Summary will be forwarded to the Ministry of Finance on October 31 for review
The rebound mirrored an upward trend in the international bullion market
In the global market, gold saw a sharp decline of $140 per ounce
'Only government bodies are authorized to collect taxes, and no third party can collect revenue on their behalf'
The local decline followed a sharp fall in the global gold market
Economic momentum has continued to build, supported by strong growth in key indicators
Gold prices climbed by $18 to $4,113 per ounce in the international market
In the international market, gold prices fell by $20 to $4,095 per ounce
Both sectors will be supplied with additional electricity year-round at a rate of Rs22.98 per unit under the package
Meanwhile, the silver price remained unchanged at Rs5,110 per tola.
The spokesperson explained that while there had been some delays in the clearance of imported petroleum shipments, the matter has now been fully resolved.
Gold rates remained volatile in the month of October.
Last year, salaried individuals paid Rs545 billion in taxes, while the current year’s target is set at Rs600 billion.
OCAC cautioned that if upcoming consignments from Wafi Energy and Pak-Arab Refinery (Parco)
The power company expressed concern that Nepra’s latest revisions could destabilise its long-term financial plans
The price of 10 grams of gold also remained unchanged at Rs381,430.
Stell mill is shut down from past 10 years
Construction work on phase II to start soon
Globally, gold prices slipped by $17, bringing the rate down to $4,235 per ounce.
The market officials said the suspension of tomatoes supply from Afghanistan is also playing its role in jacking up prices.
In the international market, gold also witnessed a drop of $106, reaching $4,252 per ounce.
Power division working on plan
It reached a historic high of Rs456,900 per tola during the day
This development came after the Fund rejected a proposal to raise taxes on fertilizers and agricultural pesticides
According to NHA officials, a general procurement notice has been issued
Association leaders claimed that the automation system introduced by OMCs is the root cause of widespread corruption and theft.
The sudden hike reflects ongoing volatility in the precious metals market.
