A meeting of the Standing Committee on Finance was held under the chairmanship of Senator Saleem Mandviwala at Parliament House… Read More
Govt to Increase Petroleum Tax to Rs. 60 Per Liter Without Parliament Approval
A meeting of the Standing Committee on Finance was held under the chairmanship of Senator Saleem Mandviwala at Parliament House… Read More
Banking Industry Deposits and Profit Rate Up All-Time High
The profit rate of the bank industry continued to attract customers who invested handsomely to get lucrative and risk-free returns… Read More
SBP Instructs Exchange Companies to Implement Biometric System
The State Bank of Pakistan (SBP) has strictly instructed exchange companies of category B for implementing the integrated biometric verification… Read More
Pakistan’s Searle Gets Approval to Start Manufacturing in Oman
Searle Company Limited (PSX: SEARL) has received approval for Good Manufacturing Practice (GMP) in Oman, the company informed the Pakistan… Read More
SBP Governor Denies Ishaq Dar’s Claim on Debt Restructuring
The State Bank of Pakistan (SBP) has no plans for restructuring bilateral debts, Governor Jameel Ahmed said at a press… Read More
Govt Won’t Freeze Foreign Currency Accounts: Minister
While the country faces a severe dollar crisis, the government does not plan on freezing foreign currency accounts, according to… Read More
Rupee Sinks to 287.6 Against US Dollar After Budget Day
The Pakistani rupee fell further against the US Dollar during intraday trade today after opening trade at 286.8 in the… Read More
Senate Committee Defers Matter of 10% Tax on Bonus Shares
A meeting of the Standing Committee on Finance and Revenue was held under the chairmanship of Senator Saleem Mandviwala at… Read More
SBP Keeps Interest Rate Unchanged
The State Bank of Pakistan (SBP) has decided to keep the policy rate unchanged at 21 percent. At its meeting… Read More
High Trade Costs Are Causing Problems for Pakistani Exporters
Pakistan must reduce its trade costs by enhancing productivity which would enable it to grow sustainably, according to World Bank… Read More
NCCPL to Collect Super Tax on Capital Gains
The Super Tax shall be collected on capital gains on the disposal of certain securities through the National Clearing Company… Read More
