Pakistan Mortgage Refinance Company (PMRC) and its Partner Financial Institutions (PFIs) including Bank Alfalah joined hands to provide and promote… Read More
Pakistan’s Tax-to-GDP Ratio Raises Alarms Among Tax Experts
World Bank’s Senior Tax Specialist, Sebastian James, has pointed out that Pakistan’s tax-to-GDP ratio dropped below average during the last… Read More
SBP’s Scheme Will Raise The Investment-to-GDP Ratio for Pakistan: Report
The State Bank of Pakistan’s (SBPP) Temporary Economic Refinance Facility (TERF) will raise the investment-to-GDP ratio by almost one percent… Read More
CDWP Approves Health and Water Resources Projects
The Planning Commission’s Central Development Working Party (CDWP) cleared one development project with a cumulative estimated cost of Rs. 0.634… Read More
PSX and NIFT to Collaborate For Developing E-IPO Project
Pakistan Stock Exchange (PSX) and National Institutional Facilitation Technologies (NIFT) signed an agreement to collaborate in the development of a… Read More
Rupee Continues to Strengthen Against US Dollar
The previous week had brought consistent improvements for the Pakistani Rupee (PKR) against the US Dollar (USD). The closing day… Read More
FBR Releases Active Taxpayers List for Tax Year 2020
The Federal Board of Revenue (FBR) Monday released the Active Taxpayers’ List of over 2.1 million income tax return filers… Read More
FBR Launches a Confidential Reporting System Against Corruption
Federal Board of Revenue (FBR) Member Inland Revenue Operations Dr. Muhammad Ashfaq Ahmed launched a confidential system for taxpayers to… Read More
PITB Partners with 1LINK to Launch ‘Payzen’ for Enhancement of Payments Landscape
Punjab Information Technology Board (PITB) and 1LINK (Pvt.) Limited have entered into an agreement to launch ‘Payzen’- bill aggregator. ‘Payzen’… Read More
Pakistan’s Consumer Inflation Jumps to 4 Months High
Pakistan’s consumer inflation (CPI) rate jumped to 8.7 percent on a year-on-year basis in February 2021 compared to the increase… Read More
Financial Monitoring Unit Apprises National Executive Committee on FATF Progress
The federal Minister for Finance and Revenue Dr. Abdul Hafeez Shaikh chaired the seventeenth meeting of the National Executive Committee… Read More
Exports Cross $2 Billion for the 5th Consecutive Month
Pakistan’s exports have crossed $2 billion for the fifth consecutive month, but have declined year-on-year, as per an announcement tweeted… Read More
TRG Pakistan Made 2400% Higher Profit in First Half of FY21
TRG Pakistan made a windfall profit of Rs. 4.4 billion during the first half of the financial year 2020-21 by… Read More
Difference Between Electricity Cost and Revenue Adding to Soaring Circular Debt: Report
The continuously augmented circular debt, which currently stands at an all-time high of 5.2 percent of the GDP, is a… Read More
Indus Valley Capital Raises $17.5 million to Invest in Pakistani Startups
Pakistan-focused venture capitalist, Indus Valley Capital (IVC) has raised $17.5 million for its maiden fund, MENAbytes reported. Indus Valley Capital,… Read More
