KARACHI: The stock market on Tuesday snapped its four-session winning streak as investors indulged in profit-taking at elevated levels, amid a widening trade deficit and renewed political friction that dampened risk appetite, forcing the benchmark index to slip back below 168,000 points after a vol»»»

The KSE-30 (Karachi 30) index fell 3% on provisional basis to its the lowest since Dec 19, after dropping over 6% at one point. The country is pulling itself out of an economic crisis that brought it close to bankruptcy in 2023, helped by a $7-billion IMF loan programme. Pakistan's equities have al»»»

KARACHI: In yet another blow to already burdened citizens, the Federal Board of Revenue (FBR) has imposed a 10% withholding tax on marriage halls, which will be borne by event organisers. In a statement issued on Friday, Rana Raees — President of the Marriage Hall Association — said that the tax wi»»»