Pakistan will be launching Islamic bonds worth $500 million soon. This is in anticipation of the three year I.M.F bailout… Read More
SBP Warns Of Penalizing Banks for Circulating Untested Currency Notes
State Bank of Pakistan (SBP) has warned all commercial banks about facing penalties if they will continue to circulate currency… Read More
FDI Falls 53% During July, August 2016: SBP
According to the latest figures released by the State Bank of Pakistan (SBP) overall FDI maintained a downtrend trend and… Read More
Pakistan Stock Exchange Grew By 400% As Compared to China’s 16% in 5 Years
Pakistan’s equity market has been consistently beating China and India’s markets over the last 5 years. Even this year, Pakistan’s… Read More
This Guy Has Surpassed Bill Gates to Become the Richest Person on Earth
As of Wednesday, the Microsoft owner, Bill Gates, is no longer the richest man in the world. That honor now… Read More
FBR Unearths 36K Defaulters With Rs. 106 Billion Unpaid Taxes
Over 36,000 tax defaulters have been identified with Rs 87.93 billion outstanding against them this year by Federal Board of… Read More
PSEB To Advise IT Companies On Taxation Matters via Seminars
A big portion of the IT industry, responsible for IT exports in Pakistan, do not report their income. Keeping this… Read More
FBR Imposes Another 5% Tax on Weddings & Other Gathering Events
If you thought there was nothing left to be taxed, get ready to be surprised. The Federal Board of Revenue… Read More
National Assembly Approves Benami Bill for Curbing Tax Evasion
National Assembly’s Standing Committee on Finance has approved the “Benami Transaction (Prohibition) Bill, 2016”. The bill consists of some major… Read More
Pakistan Stock Exchange Crosses the Historic 40,000 Points Mark
Pakistan Stock Exchange (PSX) witnessed a bullish trend on the first trading session of the week. KSE-100 index has now… Read More
SBP to Demonetize Older Currency Notes by December 2016
As we previously reported, the old designs of Pakistani currency notes will become ineffective from 1st December 2016, according to… Read More
Working Couples Can Now Jointly Apply for Loans, Leases
Good news is here for working, married couples. Now they can avail the opportunity to borrow loans for house, cars,… Read More
