SBP issues procedure for loan disbursement to unemployed youth

KARACHI: State Bank of Pakistan (SBP) on Friday issued procedure for disbursement of loan to unemployed youth under Prime Minister’s Kamyab Jawan Youth Entrepreneurship Scheme (PMKJ-YES). Read more »

Procedure for making correction in cash payment receipt issued

ISLAMABAD: Federal Board of Revenue (FBR) has notified procedure for making correction in computerized payment receipt (CPR). Read more »

Rupee falls by two paisas on higher import, corporate demand

KARACHI: The Pak Rupee ended down by two paisas against dollar on Friday owing to payment demand from importers and corporate buyers. Read more »

Equity market ends down 158 points on profit taking

KARACHI: The equity market fell by 158 points on Friday owing to profit taking on the last trading day of the week. Read more »

Withholding agent condition withdrawn on individuals with turnover up to Rs100 million

ISLAMABAD: Federal Board of Revenue (FBR) has withdrawn the condition on individuals to act as withholding agent in case the business turnover is up to Rs100 million. Read more »

KCCI demands terminal operators to publicize container charges

KARACHI: Karachi Chamber of Commerce and Industry (KCCI) has demanded the terminal operators to make public the container charges. Read more »

Exemption on electricity bills for commercial, industrial consumers withdrawn

ISLAMABAD: Federal Board of Revenue (FBR) has withdrawn the exemption of advance income tax on electricity bills to industrial and commercial consumers. Read more »