FBR registers 127 projects under construction industry incentive scheme

ISLAMABAD: Federal Board of Revenue (FBR) has registered around 127 projects worth Rs63 billion under Prime Minister’s construction industry incentive scheme, a spokesman said on Tuesday. The Prime Minister’s incentive scheme for... Read more »

CNIC condition reduces transactions and revenue: FBR

KARACHI: Federal Board of Revenue (FBR) has admitted that the condition of Computerized National Identity Card (CNIC) reduced number transactions as well as shortfall in revenue. “This [CNIC] condition has further reduced... Read more »

Meezan Bank declares healthy profit of 65 percent in nine months

KARACHI: Meezan Bank Limited on Tuesday announced healthy profit of 65 percent for nine-month period ended September 30, 2020. According to financial results submitted to Pakistan Stock Exchange (PSX), the bank declared... Read more »

SBP issues criteria for investment in dollar certificates by resident Pakistanis

KARACHI: State Bank of Pakistan (SBP) on Tuesday issued criteria for investment by resident Pakistanis in US Dollar denominated Naya Pakistan Certificates (NPCs). The SBP said that resident Pakistanis having assets abroad... Read more »

Share market up 616 points as investors’ positive expectation on FATF

KARACHI: The share market gained 616 points on Tuesday as investors are expecting positive outcome of FATF plenary session. The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) closed at 40,956 points... Read more »

Rupee gains 10 paisas against dollar

KARACHI: The Pak Rupee gained 10 paisas against dollar on Tuesday owing to inflows of workers’ remittances and export receipts. The rupee ended Rs162.28 to the dollar from previous day’s closing of... Read more »

FBR invites applications for 322 vacant posts in Pakistan Customs

ISLAMABAD: Federal Board of Revenue (FBR) has invited job applications for vacant posts (BPS-01 to BPS-14) at various collectorates/directorates of Pakistan Customs. The last date for submission of applications is October 27,... Read more »