SECP recommends allowing individuals to act as securities, futures advisors

ISLAMABAD: Securities and Exchange Commission of Pakistan (SECP) has recommended to allow individuals to act as securities and future advisors in order to promote capital market. The SECP on Tuesday proposed amendments... Read more »

Exports exhibit growth in July after four months decline

ISLAMABAD: The exports of the country registered growth of 5.8 percent in July 2020, in dollar value terms, as compared to July 2019. This growth was recorded after a decline in exports... Read more »

Domestic oil sales increase by 3 percent in July

KARACHI: The domestic oil sales have registered three percent growth in July 2020 owing to higher demand of furnace oil for power generation and improved economic activities. According to details the total... Read more »

Stock market sheds 294 points on profit taking

KARACHI: The stock market fell by 294 points on Tuesday as the market witnessed selling pressure after touching 40,000 points. The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) ended at 39,578... Read more »

Rupee eases by 18 paisas against dollar

KARACHI: The Pak Rupee eased by 18 paisas against dollar on Tuesday as demand for import and corporate payment remained exist. The rupee ended Rs167.64 to the dollar from previous day’s closing... Read more »

Rates of withholding tax on profit on debt updated for tax year 2021

ISLAMABAD: Federal Board of Revenue (FBR) has updated withholding tax rates on profit on debt to be prevailed during Tax Year 2021. The FBR issued withholding tax card 2020/2021 after incorporating changes... Read more »

FBR directs BS-19, BS-20 officers to submit performance reports

ISLAMABAD: Federal Board of Revenue (FBR) has directed officers of BS-19 and BS-20 to complete their performance evaluation reports (PERs) for the consideration of promotion to next grade in the upcoming central... Read more »