The Economic Affairs Division has demanded an additional Rs. 196 billion ($664 million) to address rupee cover for efficient utilization… Read More
FBR Has So Far Received 1.77 Million Income Tax Returns for FY24
The Federal Board of Revenue (FBR) has received 1.772 million income tax returns for the tax year 2024. Sources told… Read More
PSX Surges to All Time High After Crossing 82,000 Mark for the First Time Ever
The Pakistan Stock Exchange (PSX) rallied above 82,000 in today’s trading session as bulls took control of the market in… Read More
FBR Issues Checklist to Help Taxpayers Get Extensions for Filing Sales Tax Returns
The Federal Board of Revenue (FBR) has issued a “checklist” for processing condonation cases of time limits for taxpayers under… Read More
Pakistan’s Current Account Turns Green With Surplus of $75 Million in August 2024
Pakistan’s current account balance posted a surplus of $75 million in August 2024, according to data released by the State… Read More
Minority Shareholder Rejects Sale of Shell Pakistan Ltd to Saudi Oil Company
A minority shareholder has rejected Shell Pakistan’s Limited’s sale to Saudi Arabia’s Wafi Energy Holding Limited and complained to the… Read More
Govt Raises Rs. 202 Billion in 13th Sukuk Auction At PSX
The government through the Ministry of Finance raised Rs. 202 billion against an initial target of Rs. 250 billion for… Read More
Pakistan’s Cash in Circulation Rises By Rs. 212 Billion in Just A Week
Cash holdings in Pakistan have recorded a substantial increase of Rs. 212.7 billion in the week that ended on September… Read More
Govt Calls for Action Against Corrupt FBR Officers Discouraging Foreign Investment
The Establishment Division has directed the Chairman Federal Board of Revenue (FBR) to take action against irregularity, corrupt practices and… Read More
ADB Pledges $8 Billion in Loans to Pakistan Over Four Years
The Asian Development Bank (ADB) has pledged $2 billion in annual loans to Pakistan, beginning in 2024, with half of… Read More
KIBOR Rates Decline Further Following SBP Monetary Policy Announcement
KIBOR rates decline further by 25-119 basis points (bps) across all tenors on Friday following the central bank’s move to… Read More
Sindh Launches Affordable Housing Project for Deserving Citizens
According to a report by ARY News on Thursday, the Sindh government has launched a new housing initiative named “Sasti… Read More
