The Federal Board of Revenue (FBR) has decided to initiate an audit of income and sales tax along with related… Read More
Pakistan’s Trade Deficit Doubled in First Six Months of FY 2022
Pakistan’s trade deficit widened by 100 percent during the first half of the current financial year 2021-22 due to a… Read More
Here’s the Real Reason Why Pakistan’s Textile Exports Have Increased
More than two-thirds of the $1.7 billion increase in textile exports from July to November 2021 is due to an… Read More
Rupee Ends 2021 With One of Its Biggest Gains Against US Dollar Following SBP Bill
The Pakistani Rupee (PKR) has bid farewell to 2021 by posting big gains against the US Dollar (USD) in the… Read More
PSX Proposes Amendments in GEM Rules for Investor Eligibility
The Pakistan Stock Exchange (PSX) has proposed regulatory changes to clarify the concept of certified individual investors and their ability… Read More
New Taxes in Supplementary Finance Bill 2021: What’s Expensive?
The government on Thursday presented the Finance (Supplementary) Bill 2021 in the National Assembly with a plethora of exemption withdrawals… Read More
SBP Reserves Plunge by $298 Million
The foreign exchange reserves held by the State Bank of Pakistan (SBP) fell week-over-week by $298 million (1.64 percent). According… Read More
Rupee Posts Highest Ever Recovery After 31 Sessions Against the US Dollar
The Pakistani Rupee (PKR) has finally reversed its losing streak against the US Dollar (USD) and appreciated by 72 paisas… Read More
A Look at What’s Changed for Central Bank in Revised SBP Amendment Bill 2021
The federal cabinet recently approved the revised draft of the State Bank of Pakistan (SBP) Amendment Bill 2021 aimed at… Read More
Federal Govt to Bear Reqo Diq Development Costs: PM Khan
The federal government will cover the entire cost of the development of Reqo Diq, which is one of the world’s… Read More
Govt Raises Rs. 1.26 Trillion from Treasury Bills
The State Bank of Pakistan (SBP) raised Rs. 1.26 trillion against a target of Rs. 1.2 trillion in the most… Read More
Rupee Continues Historic Losing Streak Against the US Dollar Despite SBP News
The Pakistani Rupee (PKR) dropped to a new all-time low against the US Dollar (USD) again and depreciated by five paisas against… Read More
