The Pakistani rupee (PKR) lost further ground against the US Dollar today after opening trade at 278 in the interbank… Read More
NCCPL Rolls Out Smart Portal For Verification of Investors
NCCPL has introduced a smart portal for swift verification of investors to open their accounts in the equity market. The… Read More
Islamic Banking Industry Assets Touch Rs. 9 Trillion in 2023
With consistent growth and expansion on all fronts, the Islamic Banking Industry (IBI) has surged to Rs. 9 trillion. According… Read More
Gold Rates Observe Slight Decrease in Pakistan
The price of gold in Pakistan fell by Rs. 500 per tola on Tuesday after gaining Rs. 800 per tola… Read More
Engro Powergen Urges CPPA-G to Help Settle Rs. 65 Billion Dues or Risk Default
Engro Powergen Thar Private Limited (EPTL) has asked the Central Power Purchasing Agency Guarantee Ltd (CPPA-G) to immediately settle its… Read More
Govt Employees Likely to Get Big Increase in Their Salaries and Pensions in July
The federal government wants to increase the salaries and pensions of its employees with increments of up to 10-15 percent… Read More
PKR Loses All Momentum, Slides Against US Dollar, British Pound, Euro
The Pakistani rupee (PKR) reversed its 2-day winning streak against the US Dollar today after opening trade at 278 in… Read More
Govt to Hike WHT Rates on All Businesses and Transactions of Non-Filers in New Finance Bill
Finance Bill 2024 will increase withholding tax rates on all kinds of business and financial transactions of non-filers of income… Read More
Tax Collection Target May Exceed Rs. 12.5 Trillion Next Fiscal Year: Chairman FBR
Chairman Federal Board of Revenue (FBR) Malik Amjad Zubair Tiwana said on Monday that the regulator’s tax revenue target for… Read More
Utility Stores Corporation Seeks Historic Rs. 85 Billion PM Relief Package in Upcoming Budget
The Utility Stores Corporation (USC) has proposed a Rs. 85 billion subsidy in the upcoming federal budget 2024-25, the biggest-ever… Read More
Overseas Pakistanis’ Investment in Mutual Funds Doubles in a Year
Overseas Pakistanis are increasingly investing in various mutual funds managed by asset management companies, showing nearly 100 percent growth in… Read More
FBR Likely to Increase Service Charges on POS Invoices From July 2024
The Federal Board of Revenue (FBR) has proposed to increase the fee on invoices at the Point of Sale (POS)… Read More
