The Pakistani rupee (PKR) reversed its 8-day winning streak against the US Dollar (USD) today after opening trade at 278… Read More
Pakistani Bond Yields Drop to 2-Year Low As Market Expects Another SBP Rate Cut
Pakistani bond yields have declined to a 2-year low, with a 1-year bond now trading at 15.21 percent, a 3-year… Read More
FBR to Limit Cash Withdrawal and Plot Purchase for High-Income Tax Filers
The Federal Board of Revenue (FBR) is planning to bombard compliant taxpayers with new enforcement measures that will restrict them… Read More
Pakistan Imported Mobile Phones Worth $143.8 Million in First Two Months of FY25
The country imported mobile phones worth $143.889 million in the first two months (July-August) of the current fiscal year 2024-25,… Read More
Rupee Goes Up 8th Day in a Row Against US Dollar As Momentum Stays
The Pakistani rupee (PKR) gained more ground 8th day in a row against the US Dollar (USD) today after opening… Read More
Rupee Ascends to 277 Against US Dollar After 7th Consecutive Increase
The Pakistani rupee (PKR) rose 7th day in a row against the US Dollar (USD) today after opening trade at… Read More
Pakistan Needs to Pay Off $100 Billion Debt in Next 4 Years: Minister of State for Finance
The Deputy Finance Minister emphasized that Pakistan must arrange for $100 billion in external financing over the next four years… Read More
Audit Uncovers Irregularities in PTA’s Contributory Provident Fund
A recent audit report has revealed significant irregularities in the Pakistan Telecommunication Authority’s (PTA) Contributory Provident Fund (CPF), sparking concerns… Read More
EAD Demands Additional Rs. 196 Billion Rupee Cover for Foreign Funded Projects
The Economic Affairs Division has demanded an additional Rs. 196 billion ($664 million) to address rupee cover for efficient utilization… Read More
FBR Has So Far Received 1.77 Million Income Tax Returns for FY24
The Federal Board of Revenue (FBR) has received 1.772 million income tax returns for the tax year 2024. Sources told… Read More
FBR Has Failed to Resolve Rs. 3.76 Trillion in Pending Tax Cases So Far
Tax cases worth Rs. 3.76 trillion remain pending across the Supreme Court, High Courts, and Appellate Tribunals, sources from the… Read More
Car Financing Falls 26th Month in a Row
Car financing continued to fall 26 months in a row, down 18.3 percent YoY to Rs. 227 billion by the… Read More
