The total liquid foreign exchange reserves were recorded at $24.03 billion as of November 5, 2021, tweeted the State Bank… Read More
FBR Reports 27.6% Growth in Net Sales Tax From Imports in 2020-21
The Federal Board of Revenue (FBR) revealed on Thursday that the share of sales tax on imports remained 56.4 percent… Read More
Rupee Goes Through An Odd Day Against the British Pound and US Dollar
The Pakistani Rupee (PKR) is continuing its harrowing streak against the US Dollar (USD) for the fourth time this week… Read More
Pakistan, ITFC Ink $761.5 Million Agreement for Import of POL Products, LNG
The Ministry of Economic Affairs, Government of Pakistan, and the International Islamic Trade Finance Corporation (ITFC) have signed a financing… Read More
Rupee Loses Big Against All Currencies Third Day in a Row
The Pakistani Rupee (PKR) has posted losses against the US Dollar (USD) for the third time this week as the… Read More
FBR Posts 31% Growth in Taxes Collected From Demand Notices in 2020-21
The Federal Board of Revenue (FBR) has collected Rs. 80.1 billion during 2020-21 from income tax demands raised against the… Read More
FBR Makes a Shocking Revelation About Zombie Firms in Pakistan
The Federal Board of Revenue (FBR) has estimated that approximately 25 percent of the companies in Pakistan are zombie firms… Read More
Rupee Collapses Against All Currencies Over IMF Loan Delay
The Pakistani Rupee (PKR) has posted losses against the US Dollar (USD) for the second time this week as the… Read More
Pakistan’s Consumer Confidence Sharply Declines in Q3 2021
Dun & Bradstreet Pakistan and Gallup Pakistan have issued their report on ‘Pakistan Consumer Confidence Index (CCI)’ for Q3 2021.… Read More
Rupee Gains Big Over the British Pound, Holds Out Against the US Dollar
The Pakistani Rupee (PKR) maintained its position against the US dollar (USD) on Friday to close at 170.01. Yesterday, the… Read More
SBP’s Foreign Reserves Increase by $53 Million
The foreign reserves of the State Bank of Pakistan saw an increase of $53 million and surged up to $17.199… Read More
Senate Panel Summons AGP & DG NAB to Discuss Contentious Recoveries
The Senate Standing Committee on Finance, Revenue, and Economic Affairs has decided to summon the Auditor General of Pakistan (AGP)… Read More
