FBR transfers 12 Commissioners Inland Revenue

ISLAMABAD: Federal Board of Revenue (FBR) on Thursday transferred 12 Commissioners of Inland Revenue with immediate effect and until further orders. Read more »

Pakistan’s foreign exchange reserves increase by $132 million to $15.751 billion

KARACHI: The liquid foreign exchange reserves of the country have increased by $132 million to $15.751 billion by week ended September 06, 2019, State Bank of Pakistan (SBP) said on Thursday. Read more »

Stock market gains 592 points on rate cut hope

KARACHI: The stock market gained 592 points on Thursday due to broad buying activity on hopes of rate cut in the upcoming monetary policy announcement. Read more »

Rupee gains 13 paisas against dollar

KARACHI: The Pak Rupee gained 13 paisas against dollar on Thursday owing to improved inflows of export receipts and workers remittances, dealers said. Read more »

Hub Power declares Rs8.036 billion annual profit, 6.17pc lower than previous year

KARACHI: Hub Power Company Limited (HUBCO) has declared net annual profit of Rs8.036 billion for the period ended June 30, 2019, which is 6.17 percent lower than the profit of Rs8.565 billion... Read more »

Income tax refund can be claimed within two years from filing return date

ISLAMABAD: Income tax refund can be claimed within two years from the date of filing return of from the date on which the tax was paid, whichever is later, according to Federal... Read more »

SBP to decide key policy rate on Sept 16

KARACHI: State Bank of Pakistan (SBP) will decide key policy rate for next two months on Monday, September 16, 2019. The present policy rate is 13.25 percent. Read more »