World Bank has expressed serious concern that the sales tax system in Pakistan allows for concessionary rates below the standard 18… Read More
World Bank Tells Pakistan to Improve and Increase Taxes on Property, Agriculture
The World Bank has urged Pakistan to increase, improve, or implement new taxes on property and agriculture. The bank in… Read More
IMF Suggests New Framework to Tackle Risks in Crypto Assets
The International Monetary Fund (IMF) has issued a working paper for assessing vulnerabilities in the crypto space. In the study… Read More
Rupee Up 19th Day in a Row Against US Dollar Despite World Bank Downgrade
The Pakistani rupee gained further ground 19th day in a row against the US Dollar today after opening trade at… Read More
Bank Alfalah to Establish Exchange Company
Bank Alfalah Limited (PSX: BAFL) is set to establish an Exchange Company with an authorized share capital of Rs. 2… Read More
FBR Refunds Rs. 37 Billion to Taxpayers in September 2023
The Federal Board of Revenue (FBR) has paid refunds amounting to Rs. 37 billion during September 2023 as compared to… Read More
Rupee Briefly Hits 282 Against US Dollar in Open Market
The Pakistani rupee rose 18th day in a row against the US Dollar today after opening trade at 290 in… Read More
Pakistani Businessmen Allegedly Caught Scamming Chinese Investor
The Federal Investigation Agency (FIA) has registered an FIR against Pakistani businessmen for allegedly defrauding a Chinese investor. The FIR… Read More
85% of Bank Customers Used Online Transactions This Year
Pakistan witnessed a positive development in the financial system as e-banking transactions contributed to 85% of total payments processed by… Read More
Rupee Gains Further Ground Against US Dollar 16th Day in a Row
The Pakistani rupee rose 16th day in a row against the US Dollar today after opening trade at 292 in… Read More
Pakistan to Get $150 Million Loan From World Bank For Energy Project
Pakistan has decided to get $150 million from the World Bank for energy saving and capacity building of its officers.… Read More
FBR Reveals Shocking New Info on People Who Availed Nawaz Sharif’s Tax Amnesty Scheme
A total of 19 rich taxpayers and super-rich individuals availed the benefit of the ‘Zero Percent Tax Amnesty Scheme’ given… Read More
