May 17, 2024

Pkrevenue.com

Pakistan Revenue

Month: May 2019

Immediate reduction up to 75 percent in drug prices announced
May 3
National

Immediate reduction up to 75 percent in drug prices announced

ISLAMABAD: The federal government has announced immediate reduction in prices of drugs up to 75 percent, which were increased since December 2018. Announcing immediate steps to bring down drug prices, Minister of State for National Health Services, Regulations and Coordination Dr. Zafar Mirza in his maiden press conference after assuming office said all those drugs […]

by
Read More
FBR imposes ban on transfers and postings
May 3
Taxation

FBR imposes ban on transfers and postings

ISLAMABAD: Federal Board of Revenue (FBR) on Friday imposed ban on postings and transfers with immediate effect till June 30, 2019. The FBR said that the revenue collection had entered the last quarter of the current fiscal year and preparation of federal budget for the year 2019/2020 was in full swing. Therefore, it has been […]

by
Read More
IMF, Planning Commission discuss CPEC, PSDP
May 3
Finance

IMF, Planning Commission discuss CPEC, PSDP

ISLAMABAD: Ernesto Rigo IMF Mission Chief called on Secretary Planning, Development and Reform Zafar Hasan to discuss Public Sector Development Program (PSDP), China Pakistan Economic Corridor (CPEC) and other aspects of planning including macro-economic policies, a statement said on Friday. Project Director Hassan Daud, Chief Macroeconomic Zafar-ul-Hassan and senior officials of the Ministry were also […]

by
Read More
Banking timings during Ramazan-ul-Mubarak announced
May 3
Money & Banking

Banking timings during Ramazan-ul-Mubarak announced

KARACHI: State Bank of Pakistan (SBP) on Friday announced banking timings during holy month of Ramazan-ul-Mubarak. During the ensuing holy month of Ramazan-ul-Mubarak 1440 AH, the following office hours will be observed in the State Bank of Pakistan, which will also be followed by all banks, development finance institutions and microfinance banks:- Monday to Thursday […]

by
Read More
Banks to remain close on 1st Ramazan
May 3
Money & Banking

Banks to remain close on 1st Ramazan

KARACHI: State Bank of Pakistan (SBP) on Friday said that it will remain closed for public dealing on 1st Ramadan-ul-Mubarak 1440 A.H., which will be observed as Bank Holiday for deduction of Zakat, as usual. All banks / development financial institutions / microfinance banks shall, therefore, remain closed for public dealing on 1st Ramadan-ul-Mubarak 1440 […]

by
Read More
Rupee weakens on scheduled bank holiday
May 3
Money & Banking

Rupee weakens on scheduled bank holiday

KARACHI: The Pak Rupee fell by three paisas against dollar on Friday due to high demand for advance import payments and expected closure of banks on next Monday for deduction of Zakat. The rupee ended Rs141.32 to the dollar as compared with Rs141.29 in interbank foreign exchange market. The interbank foreign exchange market initiated was […]

by
Read More