Rupee falls by 16 paisas to US dollar
KARACHI – The Pakistan Rupee experienced a depreciation of 16 paisas against the US dollar on Friday, primarily driven by heightened demand from importers and corporate buyers.
KARACHI – The Pakistan Rupee experienced a depreciation of 16 paisas against the US dollar on Friday, primarily driven by heightened demand from importers and corporate buyers.
KARACHI: Karachi Chamber of Commerce and Industry (KCCI) has expressed serious concerns over abrupt shutdown of gas supply to industries and said that such closure caused immense losses to the tune of billions of rupees.
KARACHI – The Pakistan Stock Exchange (PSX) experienced a significant downturn today as the benchmark KSE-100 index plummeted by 483 points or 1.17 percent at 12:00 PM, currently trading at 40,850 points.
KARACHI – Engro Foods Limited, a prominent player in the Pakistani dairy industry, has announced an 83% decline in net profit for the fiscal year 2018, according to financial statements submitted to the Pakistan Stock Exchange (PSX) on Friday.
KARACHI – In the early trading hours on Friday, the Pakistan Rupee faced a decline of six paisas against the US dollar, reaching Rs138.30 in response to increased demand for import and corporate payments.
KARACHI: Taxpayers are liable to pay advance tax against their estimated annual income on quarterly basis under Income Tax Ordinance, 2001.
KARACHI: State Bank of Pakistan (SBP) has estimated that around $1.5 billion exports in Information and Communications Technologies (ICT) are remained undocumented due to absence of major world’s leading payment solution provider and preference of cost saving.
ISLAMABAD: Federal Board of Revenue (FBR) is set to make Benami Law operational with strict action to confiscate property if it was held by a person and payment made by another person.
KARACHI: Lucky Cement Limited (psx: LUCK) has secured 8th International Corporate Social Responsibility Award in the category of “Sustainability Initiative”. The award was organized by The Professionals Network (TPN).
ISLAMABAD: Federal Board of Revenue (FBR) on Thursday announced major reshuffle in Inland Revenue Service (IRS) as 42 officers of BS-17 to BS-20 transferred with immediate effect.