Foreign exchange received as loans from the International Monetary Fund (IMF) is exclusively used to manage balance of payments, State… Read More
SBP Allows Exchange Companies to Import US Dollars Till June 2025
The State Bank of Pakistan (SBP) has allowed exchange companies to import US dollars till June 2025. “Attention of Exchange… Read More
Pakistani Bond Yields Drop to 2-Year Low As Market Expects Another SBP Rate Cut
Pakistani bond yields have declined to a 2-year low, with a 1-year bond now trading at 15.21 percent, a 3-year… Read More
FBR to Limit Cash Withdrawal and Plot Purchase for High-Income Tax Filers
The Federal Board of Revenue (FBR) is planning to bombard compliant taxpayers with new enforcement measures that will restrict them… Read More
FBR is Now Threatening to Block SIMs, Cut Electricity Connections of Taxpayers
The Federal Board of Revenue has warned taxpayers that it will block Mobile Phone SIMs, cut electricity and gas connections,… Read More
OICCI Shares Plan for FBR to Raise Up to Rs. 4 Trillion Tax Revenue in FY25
The Overseas Investors Chamber of Commerce and Industry (OICCI) on Friday posted a plan on LinkedIn that would help the… Read More
National Savings Portfolio Reaches Rs. 3.1 Trillion in August
The total portfolio of the Central Directorate of National Savings (CDNS) stood at Rs. 3.1 trillion as of August 31,… Read More
Rupee Ascends to 277 Against US Dollar After 7th Consecutive Increase
The Pakistani rupee (PKR) rose 7th day in a row against the US Dollar (USD) today after opening trade at… Read More
Pakistan Needs to Pay Off $100 Billion Debt in Next 4 Years: Minister of State for Finance
The Deputy Finance Minister emphasized that Pakistan must arrange for $100 billion in external financing over the next four years… Read More
EAD Demands Additional Rs. 196 Billion Rupee Cover for Foreign Funded Projects
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
