Despite economic challenges and untamed inflation, the relaxation of imports and opening of letters of credit has led to a… Read More
Rupee Rises 2nd Day in a Row Against US Dollar
The Pakistani rupee rose second day in a row against the US Dollar today after opening trade at 283 in… Read More
Pakistan’s Economy Stuck in Low-Growth Trap With Increasing Poverty: World Bank VP
Pakistan’s economy is stuck in a low-growth trap with poor human development outcomes and increasing poverty as economic conditions leave… Read More
FBR Recovered Rs. 144 Billion Outstanding Arrears From Taxpayers in FY23
The Inland Revenue officers of the Federal Board of Revenue (FBR) recovered an amount of Rs. 144.3 billion from taxpayers… Read More
Rupee Halts Losing Streak Against US Dollar After UAE Investment News
The Pakistani rupee ended its 3-day losing streak against the US Dollar today after opening trade at 284 in the… Read More
Cigarettes Accounted for 40% of Total Excise Duty Collection in FY23: FBR
The share of cigarettes in overall federal excise duty (FED) collection has increased to nearly 40 percent in 2022-23 as… Read More
Tax Collection From Sale of Immovable Property Records 340.5% Growth in FY23
The Federal Board of Revenue (FBR) has collected Rs. 1.87 trillion in withholding tax (WHT) during 2022-23. According to the… Read More
PSX Makes History As KSE-100 Rallies Above 60,000 During Live Trade [Updated]
The Pakistan Stock Exchange (PSX) rallied to a new all-time high on Tuesday, surging past the previous record of 59,811… Read More
IMF Projects Rs. 30 billion Collection in Gas Infrastructure Development Cess in FY24
The International Monetary Fund (IMF) has projected Rs. 30 billion in revenue collection from Gas Infrastructure Development Cess (GIDC) against… Read More
Rupee Falls 3rd Day in a Row Against US Dollar
The Pakistani rupee lost further ground third day in a row against the US Dollar today after opening trade at… Read More
Is The Fuse on Pakistan’s Hidden Debt Bomb Getting Shorter?
Ever since Pakistan’s so-called economic rebound took shape under the Gotham-inspired Special Investment Facilitation Council (SIFC) in June, there has… Read More
PSX Breaks All Records As KSE-100 Crosses 59,000 For The First Time Ever
The Pakistan Stock Exchange (PSX) rallied to a new all-time high on Friday, surging past the previous record of 58,899.… Read More
