UBL, one of Pakistan’s leading banks, has announced the launch of the ‘UBL Freelancer Account’, a new banking solution designed… Read More
Pakistan Needs Nearly 10 Million Homes to Meet its Housing Needs: World Bank
Pakistan’s housing shortage is currently estimated at approximately 10 million units and growing with about half of this shortage occurring… Read More
PSX Proposes Elimination of Minimum Tax Regime For Listed Companies in Budget 2023-24
Pakistan Stock Exchange (PSX) has proposed to eliminate the minimum tax regime for listed companies in next year’s budget. PSX… Read More
Rupee Posts Big Losses Against US Dollar, Stays in Red Against Saudi Riyal
The Pakistani rupee reported heavy losses against the US Dollar during intraday trade today after opening trade at 279.75. The… Read More
FTO Orders FBR to De-Register Small Jewelers
Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to de-register small jewelers, who do not qualify… Read More
OMA Emirates Group And UnionPay to Develop New POS System for Pakistan, Middle East
Leading payment systems and solutions provider OMA Emirates Group LLC has paired up with UnionPay International to promote touch payments… Read More
Saudi Envoy Expresses Desire to Strengthen Economic Ties With Pakistan
Nawaf Bin Said Al-Malki, Ambassador of the Kingdom of Saudi Arabia called on the Federal Minister for Finance & Revenue… Read More
Inflation Set to Break All Previous Records in May
Consumer Price Inflation (CPI) in Pakistan will likely hit a new record high of 37.27 percent in May as current… Read More
Default Risk too High At the Moment, PBC Chairman Tells Senate Committee
The Pakistan Business Council (PBC) has opposed double taxation, claiming that the tax burden is not evenly distributed across Pakistan… Read More
Govt Sets FBR Tax Collection Target of Rs. 9.2 Trillion in FY2023-24
The government has estimated set tax projections of Rs. 9.2 trillion for the Federal Board of Revenue (FBR) for the… Read More
Rupee Loses Further Ground Against US Dollar, Saudi Riyal
The Pakistani rupee fell further against the US Dollar during intraday trade today after opening trade at 279.5. The Pakistani… Read More
Senate Panel Recommends Scrapping Allocation for Devolved Ministries in Upcoming Budget
The Senate Functional Committee on Devolution on Monday unanimously recommended not to allocate a budget for the ministries/departments created parallel… Read More
