On Wednesday, Pakistan’s fiscal deficit outlook widened by a remarkable margin, with officials attributing it to a shortfall in revenue… Read More
This is the Amount of Income Tax You (Should) Pay on Your Earnings
Income tax is applicable on everyone who is making a living, but due to a general lack of awareness, most… Read More
Daily Stock Report: KSE-100 Finishes in Red with Massive 500 Points Drop
The Pakistan Stock Exchange ends the day with a huge dip, with the benchmark KSE-100 index losing -511.06 points, or… Read More
Byco Merges Into One Company After Court Approval
Byco Petroleum Limited has absorbed its holding and subsidiary companies and now stands as a single company after Sindh High… Read More
Daily Stock Report: KSE-100 Index Stays at 48,088 with 139 Points Loss
The Pakistan Stock Exchange ends the day with slight losses, with the benchmark KSE-100 index losing 139.38 points, or –… Read More
Daily Stock Report: KSE-100 Index Ends the Day at 48,227 with 71 Points Rise
The benchmark index, ended the day near the 48,200 level as investors remained on the sidelines ahead of the Panama… Read More
Pakistan to Achieve Record Breaking GDP in 2016-17: State Bank
State Bank of Pakistan (SBP) is optimistic that the government will achieve a GDP growth rate ranging from 5 percent… Read More
Daily Stock Report: KSE-100 Index Settles at 48,155 With 206 Points Rise
The Pakistan Stock Exchange’s benchmark index KSE-100 recorded a fall of 200 points in the opening hours but ended the… Read More
State Bank to Launch App for Universal Financial Transactions
The State Bank of Pakistan is developing a mobile app to allow financial transactions across the country. This was announced… Read More
Pakistan Received $4.87 Billion in Loans, Grants During Eight Months of FY16-17
The country provisionally received $4.87 billion .i.e. 61 percent of budgeted estimates of foreign assistance from multilateral and bilateral donors… Read More
Govt’s Decision to Impose Withholding Tax on Banking Transactions Backfires
The government imposed a high withholding tax on all non-cash banking transactions a few months back, which has resulted in… Read More
Current Account Deficit Widens by 120% as Imports Rise
Pakistan’s current account deficit has widened by over 120 percent in the July-February period of the fiscal year 2016-17, according… Read More
