Lahore High Court (LHC) has suspended the applicability of controversial sales tax SRO 350(I)/2024, creating sales tax return filing problems… Read More
Govt Reduces Capital Gains Tax on Non-Filers by Half
The National Clearing Company of Pakistan Limited (NCCPL) on Friday announced the market-wise applicable capital gains tax (CGT) effective July… Read More
PTCL Revenue Grows by 12% in Q2 2024
Pakistan Telecommunication Company Limited has announced its financial results for the quarter ended June 30, 2024, whereby it posted a… Read More
Pakistan’s Current Account Posts Lowest Deficit in 13 Years
Pakistan’s Current Account Deficit (CAD) shrank by 79 percent in the fiscal year 2023-24 to $681 million compared to a… Read More
Rupee Stable Against US Dollar, Recovers Against Other Currencies
The Pakistani rupee (PKR) halted losses against the US Dollar today after opening trade at 278 in the interbank market.… Read More
Interest Payments to Eat Up 62% of Pakistan’s Fiscal Revenue: ADB
Pakistan’s interest payments are expected to require a staggering 62 percent of fiscal revenues, up from 41 percent in 2022-23,… Read More
Rupee Posts Small Losses Against US Dollar After Troubling Fitch Projections
The Pakistani rupee (PKR) suddenly reversed gains against the US Dollar today after opening trade at 278 in the interbank… Read More
T-Bills Attract $194 Million From Foreign Investors in June
Foreign investors poured in $194 million in local T-Bills through Special Convertible Rupee Accounts (SCRA) in June 2024. In FY24… Read More
Rupee to Hit Rs. 310/Dollar in 2025: Fitch Solutions
Fitch Solutions has estimated the State Bank of Pakistan’s policy rate to fall to 16 percent this fiscal year, followed… Read More
Latest IMF Agreement Improves Pakistan’s Funding Prospects: Moody’s
The International Monetary Fund’s (IMF) staff-level agreement improves funding prospects, but the ability to sustain reforms is key to easing… Read More
Pakistan Likely to Post Largest Primary Surplus in 25 Years
Pakistan is expected to post its largest primary surplus in the current fiscal year. According to Topline Securities, Pakistan is… Read More
Rupee Jumps to 278.1 Against US Dollar After IMF Agreement
The Pakistani rupee (PKR) gained big ground against the US Dollar today after opening trade at 278 in the interbank… Read More
