ISLAMABAD: The Establishment Division on Monday issued office timings during the holy month of Ramazan. The following timings shall be observed, during the forthcoming holy month of Ramazan by the federal government offices working on five/six days: Office working on five days a week Monday to Thursday: From 10:00 AM to 04:00 PM Friday: From […]
KARACHI: The stock market gained 668 points on Monday as sentiments were remained positive on rate cut and disbursement of IMF loan program. The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) closed at 33,500 points as against 32,832 points showing an increase of +668 points. Analysts at Topline Securities said that cut in policy […]
ISLAMABAD: Federal Board of Revenue (FBR) on Monday notified promotions of 35 Data Entry Operators (BS-14) to the post of MIS Officer (BS-16) on regular basis with immediate effect. The following officers have been promoted to the post of MIS Officers: 01. Agha Zafar Ullah, Regional Tax Office, Sukkur 02. M Latif Awan, Data Processing […]
KARACHI: The Pak Rupee gained nine paisas against dollar on Monday as positive sentiments prevailed in the market after cut in monetary policy rate and approval of IMF loan to Pakistan. The rupee ended Rs163.49 to the dollar from last Friday’s closing of Rs163.58 in interbank foreign exchange market. The rupee appreciation was continued from […]
KARACHI: State Bank of Pakistan (SBP) on Monday issued instructions to banks related to deduction of Zakat on amount above Rs46,329 maintained in saving bank accounts. The SBP said that Administrator General Zakat had notified the ‘Nisab of Zakat’ for the Zakat Year 1440-41 AH at Rs46,329. No deduction of Zakat at source shall be […]
KARACHI: National Clearing Company of Pakistan Limited (NCCPL) has announced collection of Capital Gain Tax (CGT) on disposal of shares for the month of March 2020 will be collected on April 29, 2020. The NCCPL in a communication said that the aggregate amount of CGT arising on disposal of shares at Pakistan Stock Exchange (PSX) […]
KARACHI: State Bank of Pakistan (SBP) on Monday directed banks to take measures to facilitate donations for Prime Minister’s COVID-19 Pandemic Relief Fund 2020. The SBP previously issued guidelines for the fund through Circular No. 02 dated April 02, 2020. The SBP said that with a view to facilitate the donors in making donations/ contributions […]