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
Roshan Digital Account Inflows Increase to $165 Million in August
Gross foreign exchange inflows through the Roshan Digital Accounts (RDAs) stood at $165 million in August 2024, compared to $161… Read More
IT Exports Surge by 27% YoY in August 2024
Pakistan recorded monthly IT exports of US$ 298 million, up by 27 percent YoY and by 4 percent MoM in… Read More
Rupee Rises 6th Day in a Row Against US Dollar As It Nears 277
The Pakistani rupee (PKR) rose 6th day in a row against the US Dollar (USD) today after opening trade at… Read More
Pakistan’s Cash in Circulation Rises By Rs. 212 Billion in Just A Week
Cash holdings in Pakistan have recorded a substantial increase of Rs. 212.7 billion in the week that ended on September… Read More
Govt Calls for Action Against Corrupt FBR Officers Discouraging Foreign Investment
The Establishment Division has directed the Chairman Federal Board of Revenue (FBR) to take action against irregularity, corrupt practices and… Read More
