SBP sells treasury bills worth Rs2,107.51 billion in auction
KARACHI: The State Bank of Pakistan (SBP) has raised Rs2,107.51 billion in an auction of Market Treasury Bills (MTBs) held on Wednesday.
February 13, 2019
FBR identifies undeclared foreign assets of 152,201 Pakistanis
ISLAMABAD: The tax authorities have identified 152,201 Pakistani nationals with undeclared assets abroad, Mohammad Jehanzeb Khan, Chairman, Federal Board of Revenue (FBR) said on Wednesday.
PTCL customers to get discount on Careem rides
KARACHI: Pakistan Telecommunication Company Limited (PTCL) collaborates with Careem to offer discounts on rides for its customers across Pakistan.
Equity market ends down as profit taking continues
KARACHI: The equity market witnessed continuation in yesterday’s profit taking on Wednesday. The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) ended at 40,544 points from previous day’s closing of 40.596 losing 52 points. Analysts…
Rupee weakens by two paisas against US dollar
KARACHI: The Pak Rupee ended down by two paisas against US dollar on Wednesday amid demand for import and corporate payments.
Pakistan to get record investment on Saudi Crown Prince visit: Minister
ISLAMABAD: Pakistan will get record investment on the visit of Saudi Crown Prince, who is scheduled to arrive on February 16, 2019, said a minister on Wednesday.
Allied Bank declares Rs12.88 billion profit after tax for year 2018
KARACHI: Allied Bank Limited on Wednesday declared Rs12.88 billion profit after tax for the year 2018, which was 1.15 percent higher than the profit of Rs12.733 billion in the preceding year.
FBR explains inclusion into ATL for availing tax benefits
ISLAMABAD: Federal Board of Revenue (FBR) has explained the inclusion into Active Taxpayers List (ATL) for availing reduced rates of withholding tax and other benefits.
Arif Usmani appointed NBP President, CEO
KARACHI: The federal government has appointed Arif Usmani as President and Chief Executive Officer (CEO) of National Bank of Pakistan (NBP), said an official note received by Pakistan Stock Exchange (PSX) on Wednesday.
Rupee maintains level against dollar in early trading
KARACHI: The Pak Rupee has started the day by maintaining its value against dollar on Wednesday, dealers said. The dollar was being traded at Rs138.91 in early day trading in interbank foreign exchange market. The…
Income Tax Ordinance 2001: persons not required to file annual income return
KARACHI: There are certain classes of persons who are not required to file annual return of income to Federal Board of Revenue (FBR).
PTCL group’s revenue grows to Rs126.2 billion
KARACHI: Pakistan Telecommunication Company Limited (PTCL) Group’s revenue for the year 2018 has grown YoY by 8 percent to Rs126.2 billion as a result of positive contribution by all group companies.