The International Monetary Fund (IMF) has projected the Federal Board of Revenue (FBR) to collect the highest-ever tax revenue in… Read More
Rupee Extends Win Streak Against US Dollar to End the Week
The Pakistani rupee extended its winning streak to eight against the US Dollar today after opening trade at 279 in… Read More
Refund Claims: FTO Recommends FBR to Classify RPOs As Exchangeable Payment Instruments
A Federal Tax Ombudsman (FTO) research analysis of the Federal Board of Revenue’s (FBR) refunds recommended that the Refund Payments… Read More
Fauji Fertilizer Profit Up by 48% in 2023
Fauji Fertilizer Company Limited (PSX: FFC) has announced its financial results for the year that ended on December 31, 2023,… Read More
Lucky Cement Profit Up by 92% in First Half of FY24
Lucky Cement Limited (PSX: LUCK) announced its financial results for the first half of financial year 2023-24 (1HFY24) today, posting… Read More
Rates of Profit On National Savings Schemes Decreased
The government has decreased the rates of profit on national savings certificates and schemes by up to 46 bps. The… Read More
Pak Rupee Halts Win Streak Against USD After Below-Par Bond Auction Dulls Market
The Pakistani rupee halted its winning streak against the US Dollar today after opening trade at 280 in the interbank… Read More
FFBL Profit Down By 48% in 2023 Amid High Taxes
Fauji Fertilizer Bin Qasim Limited (PSX: FFBL) has announced its financial results for the calendar year that ended on December… Read More
Financial Misery Mounts For PSO As Receivables Cross Rs. 850 Billion
The receivables of state-owned Pakistan State Oil (PSO) have crossed Rs. 850 billion worsening its liquidity crunch. Overall receivables stood… Read More
6-Month KIBOR Drops to Lowest Level Since March 2023
The 6-Month Karachi Inter-Bank Offered Rate (KIBOR), a benchmark for lending to consumers and businesses, fell by 20 basis points… Read More
Lucky Core Industries’ Profits Surge 104% in Q2 FY24
Lucky Core Industries Limited (PSX: LCI) announced financial results for the period that ended on December 31, 2023, whereby the… Read More
PKR Gains Further Ground 6th Day in a Row Against US Dollar
The Pakistani rupee posted gains 6th day in a row against the US Dollar today after opening trade at 279… Read More
