Finance Archives

PIA Fails to Attract Suitable Buyer As Sale Deadline Approaches

The privatization of Pakistan International Airlines (PIA) has failed to attract foreign companies to buy majority shares in the company.… Read More

The Ministry of Finance has set a deadline to finalize budget targets by mid-May 2024 as it prepares for the… Read More

The Federal Board of Revenue (FBR) now wants to increase the withholding tax (WHT) rate to 10 percent for non-filer… Read More

Canadian mining company Barrick Gold is negotiating with the International Finance Corporation and other entities to help raise $2 billion… Read More

Public subscription for the initial public offering of TPL REIT Fund I has commenced, the lead manager to the listing… Read More

The Federal Board of Revenue (FBR) has attached the suspected Benami property, Plot No. 56- N, Mall of Islamabad, situated… Read More

The office bearers of the associations of Pakistan Customs Service (PCS) & interim committee of Inland Revenue Service (IRS) met… Read More

The Pakistani rupee closed in green against the US Dollar today after opening trade at 278 in the interbank market.… Read More

The State Bank of Pakistan (SBP) has received the third and final tranche of $1.1 billion from the International Monetary… Read More

The collection of federal excise duty (FED) witnessed a handsome growth of 64.2 percent during July-March (2023-23) against the same… Read More

Prime Minister Shehbaz Sharif has applauded the International Monetary Fund (IMF) for releasing the final tranche of $1.1 billion under… Read More

The Finance Ministry has introduced new Cash Management and Treasury Single Account Rules to reduce its debt servicing cost by… Read More