KARACHI: Sindh Revenue Board (SRB) has collected Rs57.02 billion during first half (July – December) of the current fiscal year as compared with Rs49 billion in the same half of the last fiscal year, showing an increase of 16 percent. The SRB has been assigned Rs135 billion collection target for the current fiscal year, which […]
ISLAMABAD: The federal government on Thursday announced a New Year gift for general public by enhancing prices of all petroleum products next fortnight effective from mid-night of January 01, 2021. According to a press statement issued by the Finance Division, the prices of petroleum products enhanced and will effect from January 01, 2020 for the […]
KARACHI: Association of Builders and Developers of Pakistan (ABAD) on Thursday welcomed the extension in Incentives for Construction industry up to June 30, 2021 by Prime Minister Imran Khan. The association said that we are grateful to the Prime Minister because this extension will create thousands of jobs opportunities and contribute towards strengthening economic growth […]
KARACHI: Â The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) on Thursday announced the election of Mian Nasser Hyatt Magoo as president of the apex trade body for the year 2021. The FPCCI in its Annual General Meeting held on December 31, 2020, at Federation House Karachi wherein the Election Commission announced the results […]
KARACHI: The stock market ended with a gain of 60 points on Thursday amid profit booking seen on the last day of the year 2020. The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) closed at 43,755 points as against previous day’s close of 43,695 points showing an increase of 60 points. Analysts at Arif […]
KARACHI: The liquid foreign exchange reserves of the country fell by $59 million to $20.254 billion by week ended December 24, 2020, State Bank of Pakistan (SBP) said on Thursday. The foreign exchange reserves of the country were $20.313 billion by week ended December 18, 2020. The official reserves of the SBP fell by $65 […]
KARACHI: The State Bank of Pakistan (SBP) has extended the validity of measures up to June 30, 2021 to mitigate coronavirus pandemic related to Anti-Money Laundering (AML)/ Counter Financing of Terrorism (CFT), a statement said on Thursday. The SBP invited the attention towards BPRD Circular Letters No. 32 & 33 of 2020 and AC&MFD Circular […]
KARACHI: The Pak Rupee ended the year 2020 at Rs159.83 to the dollar, gaining 45 paisas on Thursday from previous day’s closing value. However, the local unit fell by Rs4.96 against dollar during the year. The rupee ended Rs159.83 to the dollar on December 31, 2020 on Thursday from previous day’s closing of Rs160.28 in […]
ISLAMABAD: The federal government has extended the last date for amnesty scheme to builders and developers up to June 30, 2021, sources said on Thursday. The date for availing immunity from declaration of investment by builders and developers is expiring today i.e. December 31, 2020. The sources said that the date has been extended for […]
ISLAMABAD – The Federal Board of Revenue (FBR) has released comprehensive guidelines to facilitate taxpayers in updating their profiles, a mandatory requirement under the Income Tax Ordinance, 2001.