Share market gains 14 points amid high volume

KARACHI: The stock market gained a nominal 14 points on Tuesday amid high volume trading, analysts said. The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) closed at 32,972 points as against... Read more »

Rupee ends 160.06 against dollar

KARACHI: The Pak Rupee ended down by 19 paisas against dollar on Tuesday amid money policy announcement and higher demand for import and corporate payments. Read more »

SBP increases key policy rate by 100bps to 13.25 percent

KARACHI: The State Bank of Pakistan (SBP) on Tuesday increased key policy rate by 100 basis points to 13.25 percent for next two months. Read more »

Sindh notifies new motor vehicle tax rates

KARACHI: The Sindh government has notified new rates of motor vehicle tax effective from July 01, 2019 amendment through Provincial Finance Act, 2019 for the year 2019/2020. Read more »

Rupee falls to Rs160.91 to dollar in interbank early trade

KARACHI: The Pak Rupee deteriorated by another Rs1.04 in early trade on Tuesday ahead of monetary policy announcement and pressure of import and corporate payments. Read more »

FBR reshuffles BS-16 officials in Customs intelligence and investigation

ISLAMABAD: Federal Board of Revenue (FBR) on July 15, 2019 notified transfers and postings of following BS-16 officials of Customs Department with immediate effect and until further orders. Read more »

FBR seeks power companies help for mandatory registration of businesses

ISLAMABAD: Federal Board of Revenue (FBR) has sought help of ministry of power for invoking Section 181AA of Income Tax Ordinance, 2001 whereby it is mandatory for a businessman to get registered... Read more »