FBR simplifies tax rules to facilitate SMEs

ISLAMABAD: Federal Board of Revenue (FBR) on Friday issued simplified tax rules for facilitation of small and medium enterprises (SMEs). Read more »

KCCI warns of mass unemployment, business closure on new mini budget

KARACHI: Karachi Chamber of Commerce and Industry (KCCI) has warned the government of mass unemployment and closure of business as a result of any move to introduce mini budget or imposing additional... Read more »

Stock market gains 252 points on rate cut hopes

KARACHI: The stock market gained 252 points on Friday owing to hopes of interest rate cut on the basis of latest inflation numbers. Read more »

Rupee appreciates by three paisas despite higher dollar demand

KARACHI: The Pak Rupee appreciated by three paisas against dollar on Friday despite higher demand for import payments during upcoming holidays. Read more »

SBP imposes Rs805 million penalty on 10 banks for violating AML, due diligence, forex regulations

KARACHI: State Bank of Pakistan (SBP) has imposed penalty amounting Rs805.1 million on 10 banks for violating anti-money laundering, due diligence of customers and foreign exchange regulations during the month of August... Read more »

Prime minister directs FBR to monitor officials during market visits

ISLAMABAD: Prime Minister Imran Khan on Thursday directed Federal Board of Revenue (FBR) to monitor its officials during their visit to different markets. Read more »

Increasing Credit Risk: monetary tightening may dent borrowers repayment capacity

KARACHI: The monetary tightening stance of the State Bank of Pakistan (SBP) may dent repayment capacity of borrowers and may increase the credit risk. Read more »