The Caretaker Federal Cabinet has approved the summary regarding the restructuring of the Federal Board of Revenue (FBR), well-informed sources… Read More
Sindh Bank and Avanza Solutions Are Paving the Path Towards Digital Transformation
Sindh Bank, a prominent commercial bank in Pakistan known for its rapid growth, collaborates with Avanza Solutions (Pvt.) Ltd., a… Read More
Govt Looking to Cut Rs. 53 Billion from Prime Minister’s Development Budget
The federal government is reviewing the possibility of suspending Rs. 53 billion funds set aside for the Prime Minister’s initiatives… Read More
Mari Petroleum Posts 57% Profit Growth During First Half of FY24
Mari Petroleum Company Limited (MARI) announced its financial result today, posting a net profit of Rs. 37.5 billion during the… Read More
State Bank Decides to Introduce New Designs for All Currency Notes
State Bank of Pakistan (SBP) Jameel Ahmed Governor Monday announced that the central bank has taken a principled decision to… Read More
Rupee Breaks 8-Day Win Streak But Stays At 279 Against US Dollar
The Pakistani rupee ended its 8-day winning streak against the US Dollar today after opening trade at 281 in the… Read More
CDA Revokes Allotment of 49 Plots in Prime Locations Across Islamabad
In a move towards adherence to regulations, the Capital Development Authority (CDA) has taken a decisive step by revoking the… Read More
SBP Keeps Interest Rate Unchanged at 22%
The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) has decided to keep the policy rate unchanged… Read More
Profit Repatriation Jumps By Massive 245% in First Half of FY24
Foreign companies’ repatriation of profits and dividends rose to $750 million in the first half of financial year 2023-24, up… Read More
IMF Tips FBR to Collect Record-Breaking Tax Revenue in FY24
The International Monetary Fund (IMF) has projected the Federal Board of Revenue (FBR) to collect the highest-ever tax revenue in… Read More
Rupee Extends Win Streak Against US Dollar to End the Week
The Pakistani rupee extended its winning streak to eight against the US Dollar today after opening trade at 279 in… Read More
Refund Claims: FTO Recommends FBR to Classify RPOs As Exchangeable Payment Instruments
A Federal Tax Ombudsman (FTO) research analysis of the Federal Board of Revenue’s (FBR) refunds recommended that the Refund Payments… Read More
