All hell could break loose if Pakistan and partner countries including donor entities fail to reach an agreement on an… Read More
World Bank to Provide Up to $1.7 Billion in Flood Support to Pakistan
World Bank (WB) announced on Thursday to provide flood-related support of up to $1.7 billion to Pakistan through existing and… Read More
FTO Terms FBR’s Slacked Audits and Non-Speaking Orders as Mismanagement
The Federal Tax Ombudsman (FTO) has termed slacked audits and non-speaking rejection orders in the trail of audit proceedings as… Read More
Rupee Halts Sharp Decline Against Dollar After US Interest Rate Hike
The Pakistani Rupee (PKR) slid against the US Dollar (USD) and posted losses during intraday trade today. It depreciated by… Read More
TRG Outperforms Stocks on Expectation of Dividends and Share Buyback: Report
The Resource Group International Limited Pakistan (TRG Pakistan) has continued to outperform stocks at the benchmark KSE-100 index on the… Read More
Race Against Time – Renewed Focus on Exports, Taxes Need of the Hour
Pakistan’s trade deficit is expected to widen over the next five years with imports expected to exceed exports, fueling uncertainty… Read More
ADB Okays $100 Million Loan for Secondary Healthcare in KP
The Asian Development Bank (ADB) has approved a $100 million results-based loan to help strengthen the quality of secondary health… Read More
LHC Accepts Apology of Member FBR in ‘Deemed Income’ Case
The Lahore High Court (LHC) accepted the apology of FBR Member Inland Revenue (Policy) on Wednesday and adjourned the case of “tax on deemed income”… Read More
PSX Lists Rs. 2.1 Billion Sukuk Certificates of TPL Corporation
Pakistan Stock Exchange (PSX) notified the listing of Privately Placed, Rated, and Secured Sukuk Certificates (SCs) of Rs. 2.190 billion… Read More
Pakistan’s IT Exports Grew by a Meager 1% in August
The IT and IT-enabled Services (ITeS) export remittances comprising computer services and call center services increased by a meager 1… Read More
Govt Doubts NHA Can Fund New Projects as Running Costs Top Rs. 1.2 Trillion
The Planning Commission has questioned the capability of the National Highway Authority (NHA) to fund new projects as its total… Read More
Current Account Deficit Shrinks to $0.7 Billion in August
The current account deficit in August reduced significantly to $0.703 billion in August as a result of the growth in… Read More
