The Pakistan Stock Exchange’s (PSX) benchmark KSE-100 Index closed at an all-time high today after crossing 80,000 for the third… Read More
Rupee Devalues Against US Dollar And Other Major Currencies
The Pakistani rupee (PKR) started the new week with losses against the US Dollar today after opening trade at 278… Read More
Huge Electricity Bills Shock Protected Customers
Over 300,000 power consumers were removed from the protected category and faced higher electricity bills in June due to a… Read More
Offshore Company Gives Up Indirect Stake in K-Electric
Infrastructure & Growth Capital LP no has no indirect stake in K-Electric Limited (PSX: KEL) after giving up its shares… Read More
Financial Sector Showed Steady Performance in 2023, Posts 27% Growth in Asset Base: SBP
The State Bank of Pakistan (SBP) has issued its annual flagship publication, the Financial Stability Review (FSR) for CY2023, which… Read More
Special Court to Take Up Mega Tax Fraud Case Against Leading Tractor Manufacturer
Special Judge Customs & Excise Taxation Karachi will take up the matter of alleged tax fraud on fake/flying sales tax… Read More
Interloop is Now Largest Textile Exporter of Pakistan
Interloop Limited (PSX: ILP) has become one of the largest exporters of Pakistan after recording $530 million in total exports… Read More
SBP Policy Rate May Gradually Decrease This Year: Aurangzeb
Finance Muhammad Aurangzeb on Saturday said the central bank’s policy rate may gradually start falling this year. Talking to businesspeople… Read More
Banks Are Now Charging New Tax on Netflix Subscription Fees in Pakistan
After forcing banks to deduct 13 percent of provincial sales tax on advertisement services last year, the Sindh Revenue Board… Read More
Bitcoin Loses Over $6,000 in One of Its Worst Single-Day Crashes In History
Bitcoin has fallen for the fourth consecutive trading session after losing over $6,500 in the past 24 hours, down 11… Read More
PM Orders FBR to Immediately Bring 4.5 Million Non-Filers Into Tax Net
Prime Minister Shahbaz Sharif on Friday ordered the Federal Board of Revenue (FBR) to immediately bring 4.5 million non-filers into… Read More
Rupee Reverses 3-Day Losing Streak Against US Dollar After SBP News
The Pakistani rupee (PKR) reversed its 3-day losing streak against the US Dollar today after opening trade at 278 in… Read More
