A senior tax official has said that data a list of over 13,000 luxury cars has been compiled by the… Read More
Govt Gives a 9-Month Deadline to Register Rs. 40,000 Prize Bonds
The government of Pakistan has offered relaxation to the bearers of Rs. 40,000 denomination prize bonds, allowing the investors to… Read More
Pakistan’s Service Trade Deficit Declines by 36.2% in First 10 Months of FY 2018-19
The country’s services trade deficit narrowed by 36.2 percent during the first ten months of the current fiscal year compared… Read More
Current Account Deficit Down by $5.2 Billion in 11 Months of FY 2018-19
The current account deficit continues to record a sustainable improvement, showing a 29 percent drop in the eleven months of… Read More
People in Rawalpindi Are Buying Safes Due to Recent Economic Decline
A market survey was conducted by a local English newspaper regarding safes and lockers in Rawalpindi. The survey showed that… Read More
Ministry of Maritime Affairs Wants a 20-Year Extension in Tax Break: Report
The government is considering extending tax exemptions on the import of ships, floating crafts and survey vessels by shipping companies.… Read More
Mitsui Group’s Heads Meet With Abdul Razzaq Dawood on Potential Investment in Pakistan
Executive Vice President and Chief Operating Officer (COO) of an eminent Japanese company Mitsui, Mori Moto, along with other representatives… Read More
Fitch Affirms Pakistan’s Long Term Rating at “B-” With a Stable Outlook
Fitch Ratings has affirmed Pakistan’s long-term foreign-currency issuer default rating (IDR) at ‘B-‘ with a stable outlook. Pakistan’s ratings reflect… Read More
Current Account Deficit Has Fallen to $7 Billion: Advisor to PM
The Advisor to Prime Minister on Finance, Revenue and Economic Affairs, Dr. Abdul Hafeez Shaikh, has said that the government… Read More
US Dollar Touches Rs. 157 in Interbank Trading
US Dollar (USD) continues to set new records against Pakistani Rupee (PKR) as the rupee continues to depreciate further after… Read More
Rupee Falls to A Historic Low as Market Remains Volatile
Pakistani rupee continued to slide down against the dollar after Eid, reaching new all-time lows in the interbank and in… Read More
Govt Withdraws Tax Exemption on Phones Brought by International Travelers
Until now, the government had allowed international travelers to register one phone with DIRBS without paying any taxes. The baggage… Read More
