The Central Development Working Party (CDWP), on Monday, cleared three projects worth Rs. 49,651.347 million, which includes, Improvement & Widening… Read More
FBR Collected Majority of Taxes Through Imports During July-Feb FY22
The Federal Board of Revenue (FBR) has collected 52.2 percent of the total tax collection during July-Feb (2021-22) without any… Read More
Rupee Nears All-Time Low Against US Dollar After FATF Announcement
The Pakistani Rupee (PKR) reversed gains against the US Dollar (USD) and posted losses in the interbank market today. It… Read More
Massacre at KSE-100 After Market Sheds 1500 Points As Oil Hits 14-Year High [Updated]
Pakistan equities witnessed a selling spree today across the board as deepening Russia/Ukraine tension continued over the last weekend. The… Read More
FBR to Lose Rs. 75 Billion Every Month Due to Reduction in Prices of Petrol & Electricity
The Federal Board of Revenue (FBR) will suffer a huge revenue loss of over Rs. 70-75 billion per month in… Read More
Rupee Gains Big Against US Dollar Despite Record-Breaking Oil Prices
The Pakistani Rupee (PKR) reversed losses against the US Dollar (USD) and posted gains in the interbank market today. It… Read More
FBR is Making Hundreds of Billions from Taxes on Mobile Phone Imports
The Federal Board of Revenue (FBR) has generated Rs. 122 billion revenue on account of taxes/duties on commercial import of… Read More
FBR Reduces Property Valuation Rates of Immovable Properties in 40 Cities
The Federal Board of Revenue (FBR) has reduced the values of immovable properties in 40 cities from March 1, 2022,… Read More
Pakistan’s Forex Reserves Plunge by $350 Million
Pakistan’s liquid foreign reserves witnessed an outflow of $350 million in the week that ended on February 25, 2022, according… Read More
Cement Sales See A Dip in February
Pakistan’s cement sales dropped by 4.75 percent during February 2022, as the total sales registered in the month were 4.36… Read More
Rupee Crashes Against Major Currencies After Global Oil Prices Smash 10-Year Record
The Pakistani Rupee (PKR) continued to struggle against the US Dollar (USD) and posted losses in the interbank market today.… Read More
Pakistan Relies on Diesel to Generate Electricity Amid LNG Supply Crunch
The South Asian nations, Pakistan and Bangladesh are now relying to a great extent on a costly and dirty diesel-powered… Read More
