Rules notified for issuance of Naya Pakistan Certificates for overseas, resident Pakistanis

ISLAMABAD: The ministry of finance has notified rules for issuance of Naya Pakistan Certificates (NPC) at for overseas Pakistanis at an attractive rate of return against dollar denomination bills. According to the... Read more »

Share market ends down by 311 points on selling pressure

KARACHI: The share market ended down by 311 points on Tuesday after selling pressure by end of session. The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) closed at 41,985 points as... Read more »

FBR launches single page return form for traders

ISLAMABAD: Federal Board of Revenue (FBR) on Tuesday launched single page income tax return form for traders in order to facilitate this segment of the economy to comply with the mandatory requirement.... Read more »

Rupee falls by 56 paisas on rising import demand

KARACHI: The Pak Rupee fell by 56 paisas against the dollar on Tuesday owing to demand for import and corporate payments, dealers said. The rupee ended Rs166.43 to the dollar from the... Read more »

Engro Fertilizers, MCB Bank introduce first electronic bank guarantee solution

KARACHI: Engro Fertilizers Ltd and MCB Bank Ltd have partnered to accelerate digitization of financial products and developed Pakistan’s first-ever solution to electronically manage bank guarantees. With businesses adopting virtual operations and... Read more »