The Federal Board of Revenue (FBR) has not received a single penny from the traders registered under the Tajir Dost… Read More
Islamic Development Bank to Give $500 Million Loan to Pakistan for Oil Imports
Pakistan will receive a $500 million loan from the Islamic Development Bank (IsDB) in the current financial year, top sources… Read More
Profit Rates on National Savings Schemes See Huge Decrease
The government has decreased the rates of profit on national savings certificates and schemes by up to 150 basis points… Read More
SHC Rejects Plea of 12 Revenue Officers For Being Transferred to FBR Admin Pool
Sindh High Court (SHC) has dismissed the plea of 12 senior officials of Inland Revenue Service who challenged their transfers… Read More
Rupee Suddenly Halts Losing Streak Against US Dollar
The Pakistani rupee (PKR) reversed losses against the US Dollar today after opening trade at 278 in the interbank market.… Read More
Pakistan Will Get $16 Billion Debt Rolled Over This Fiscal Year: SBP Governor
Governor State Bank of Pakistan (SBP) Jameel Ahmad on Wednesday said Pakistan’s total outstanding debt for FY25 stands at $26.2… Read More
Kohinoor Spinning Mills to Increase Its Authorized Share Capital to Rs. 3 Billion
The Board of Directors (BOD) of Kohinoor Spinning Mills Limited (PSX: KOSM) in their meeting held on Wednesday 07th August… Read More
Apna Microfinance Bank to Enhance its Authorized Capital to Rs. 7.5 Billion
The Board of Directors of Apna Microfinance Bank Limited (AMBL) has proposed to enhance the authorized capital of the bank… Read More
Govt Trying to Unlock $1.3 Billion in Geneva Pledges This Fiscal Year
The current federal government is trying very hard to unlock $1.3 billion in financing which was promised as part of… Read More
Dewan Farooque Motors Likely to Convert Pending Loans Into Equity
Dewan Farooque Motors Limited (PSX: DFML) is likely to approve the conversion of outstanding loans from Sponsor and Associated Company… Read More
FTO Orders FBR to Facilitate Timely Sales Tax Refunds Via PRA
Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue’s (FBR) Chief (Sales Tax Refund) to ensure systematic enablement by… Read More
Pakistani Dollar Bonds Up 30%, Best in Asia
Pakistani dollar bonds have surged 30 percent this year, the highest in Asia, due to markets’ positive response to the… Read More
