SBP announces incentives for banks to make remittance transactions attractive

KARACHI: State Bank of Pakistan (SBP) on Friday made attractive the inflow of home remittances through formal channels and announced incentives for banks. Read more »

FBR announces implementation of agreement with traders from next week

ISLAMABAD: Federal Board of Revenue (FBR) on Friday announced implementation of agreement with traders from next week. Read more »

Exporters perturb over part of tax refund claims disallowed without reason

KARACHI: Pakistan Hosiery Manufacturers Association (PHMA) on Friday pointed out reduction in refund amount against original claim. Read more »

Stock market gains 91 points amid selling pressure

KARACHI: The stock market gained 91 points on Friday amid selling pressure witnessed in the market. Read more »

Rupee gains for fourth consecutive day on improved inflows

KARACHI: The Pak Rupee made gain against dollar for the fourth consecutive day on Friday owing to improved inflows. Read more »

Asian Bank approves $1 billion to support Pakistan’s economy

MANILA, PHILIPPINES: The Asian Development Bank (ADB) on Friday approved $1 billion in immediate budget support to Pakistan to shore up the country’s public finances and help strengthen a slowing economy, a... Read more »

Tax authorities to receive bulk information of bank account holders after disposal of court cases

KARACHI: Tax authorities will receive a huge bunch of financial transactions from banks after a court dispose of all the petitions that were restricting the tax authorities to obtain information. Read more »