Bank holidays announced for Eid-ul-Azha

KARACHI: State Bank of Pakistan (SBP) on Monday announced bank holidays from August 12 to 15, 2019 on the occasion of Eid-ul-Azha. Read more »

Disbursement of agriculture loans grows by 21 percent: SBP

KARACHI: The disbursement of agriculture loan has registered 21 percent growth to Rs1,174 billion in 2018/2019 as compared with Rs972.6 billion in the preceding fiscal year, State Bank of Pakistan (SBP) said... Read more »

KCCI seeks 90-day extension for clearance relaxation in printing retail price

KARACHI: Karachi Chamber of Commerce and Industry (KCCI) has urged Federal Board of Revenue (FBR) to extend the relaxation for further 90 days that was given for clearance of imported items without... Read more »

Share market plunges 1.53 percent on border tension

KARACHI: The share market plunged by 1.53 percent on Monday due to spike in tension between Pakistan and India at Line of Control (LoC). Read more »

Rupee continues to make recovery against dollar

KARACHI: The Pak Rupee continued to make recovery and gained 18 paisas against dollar on Monday owing to inflows under home remittances for Eid related expenses. Read more »

2019/2020: Withholding tax rates issued on payment for goods and services

KARACHI: Federal Board of Revenue (FBR) has issued withholding tax rates on payment for goods and services during tax year 2019/2020 under Section 153 of Income Tax Ordinance, 2001. Read more »