The government has revised the minimum taxable income threshold to Rs 0.4 million from Rs 1.2 million a year.… Read More
HBL Profits Drop by 48% in Q1 2018
Habib Bank Limited (HBL), one of the leading banks of the country, witnessed a tough time during this quarter. Due… Read More
Budget 2018-19 Relief Measures: Massive Reduction in Taxes on Electric Cars & More
Pakistan government has announced some tax changes for the fiscal budget 2018-19. We’ve compiled a list of relief measures and… Read More
These Are All the Major Announcements From Economic Survey 2017-18
The Pakistan Economic Survey — an annual report on the performance of the country’s economy — for the fiscal year… Read More
Govt Announces Tax Relief for Businesses and Stock Market Investors
Federal Government has announced tax relief for business, industries and the stock market in budget 2018-19. During his budget speech,… Read More
Federal Govt Announces Special Package for Karachi in Budget 2018-19
In his budget speech, Federal Minister for Finance Miftah Ismail announced a special package for Karachi. He offered Sindh Government… Read More
Govt Announces Telecom Sector Budget for Fiscal Year 2018-19
The government has budgeted Rs 6.535 billion for Information and Communication Technology under the Public Sector Development Programme (PSDP) for… Read More
Pakistan’s Total External Debt and Liabilities Have Reached $91 Billion
External Debt and Liability (EDL) stock provisionally stood at $91 billion at end February 2018, out of which external public… Read More
Stock Market Showed a Mixed Performance in 2017-18: Economic Survey
During the financial year 2017-18, the performance of stock markets presented a mixed trend between July and December; however, the… Read More
Pakistan Achieves 13-Year High GDP Growth of 5.7% in FY18
Pakistan’s GDP growth momentum continued as it achieved a 13-year high level at 5.7 percent in the closing financial year… Read More
Forex Association to Issue USD/PKR Rates Thrice a Day
The Forex Association of Pakistan (FA) has decided to issue USD-PKR rate 3 times a day. The association took this decision… Read More
Rupee Just Hit a New All Time Low Against US Dollar
The Pakistani rupee extended losses on Wednesday to trade at 119.50/dollar, hitting an all-time low against the US Dollar. The… Read More
