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
Fauji Fertilizer Profit Up by 48% in 2023
Fauji Fertilizer Company Limited (PSX: FFC) has announced its financial results for the year that ended on December 31, 2023,… Read More
Rates of Profit On National Savings Schemes Decreased
The government has decreased the rates of profit on national savings certificates and schemes by up to 46 bps. The… Read More
China Likely to Roll Over $2 Billion Loan to Pakistan Soon
Pakistan has formally requested China to extend the maturity of a $2 billion loan which the CPEC counterpart is likely… Read More
Stand off Persists Among Inter-Ministerial Committee Members on FBR Restructuring
The stand-off still persists between the members of the Inter-Ministerial Committee on proposed reforms for Federal Board of Revenue(FBR) restructuring.… Read More
PM Urges Saudi Arabia’s Al-Jomaih Group to Invest in Pakistan’s Alternative Energy Sector
Caretaker Prime Minister Anwaar-ul-Haq Kakar Thursday urged Saudi Arabia’s Al-Jomaih Group to invest in Pakistan’s alternative energy sector. The prime… Read More
Pak Rupee Halts Win Streak Against USD After Below-Par Bond Auction Dulls Market
The Pakistani rupee halted its winning streak against the US Dollar today after opening trade at 280 in the interbank… Read More
