SBP suggests FBR to shift tax payments to electronic channels

KARACHI: State Bank of Pakistan (SBP) has recommended the Federal Board of Revenue (FBR) to shift the collection of tax payments to electronic channels and enable taxpayers to use transaction accounts provided... Read more »

Stock market gains 174 points amid opposition rally

KARACHI: The stock market gained 174 points on Friday amid protest rally staged by opposition parties. Read more »

SBP issues regulations for banks to open accounts of retail merchants

KARACHI: State Bank of Pakistan (SBP) on Friday launched rules and regulations for allowing banks to open bank accounts for retail merchants on soft conditions. Read more »

Rupee gains two paisas amid import payment demand

KARACHI: The Pak Rupee gained two paisas on Friday despite higher demand for import and corporate payments. Read more »

PTA warns three-year jail for tampering communication devices

KARACHI: Pakistan Telecommunication Authority (PTA) has warned harsh punishment including three years jail terms for persons tempering communication devices. Read more »

FBR needs around Rs4,267 billion in eight months to achieve FY20 target

ISLAMABAD: The revenue collection target for fiscal year 2019/2020 appears to be more difficult as Federal Board of Revenue (FBR) requires Rs4,267 billion more in remaining eight months to achieve Rs5,550 billion... Read more »

Imran Khan appreciates World Bank’s financial, technical support to Pakistan

ISLAMABAD: Prime Minister Imran Khan has appreciated the World Bank’s financial and technical support to Pakistan. Read more »