Pak-Afghan Customs sign agreement for exchange of information

ISLAMABAD: The customs authorities of Pakistan and Afghanistan on Tuesday signed an agreement for electronic exchange of information. The MoU has been signed on the directives of the Prime Minsiter. Tariq Huda,... Read more »

KTBA highlights problems in FBR’s online correspondence system

KARACHI: Karachi Tax Bar Association (KTBA) on Tuesday pointed out various problems in the online correspondence and notice system of the Federal Board of Revenue (FBR). Muhammad Zeeshan Merchant, President, KTBA sent... Read more »

Inflation is one of main challenges: finance ministry

ISLAMABAD: The ministry of finance has said that economic growth is showing persistent recovery but the inflation is one of the main challenges. According to monthly economic update issued on Tuesday, the... Read more »

Bank holiday announced

KARACHI: The State Bank of Pakistan (SBP) has announced bank holiday on October 30, 2020 on the occasion of Eid Milad-Un-Nabi. A circular issued on Tuesday addressing the president / chief executives... Read more »

FPCCI urges Ogra to revoke increase in gas price

KARACHI: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has urged Oil and Gas Regulatory Authority (OGRA) to revoke increase in gas tariff as the decision has serious repercussions on industrial... Read more »

Share market sheds 469 points in mixed trading

KARACHI: The share market witnessed a decline of 469 points on Tuesday owing to mixed trading session and later explosion in Peshawar. The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) closed... Read more »

Dollar slips to Rs160.91

KARACHI: The Pak Rupee made another 14 paisas gain against dollar on Tuesday owing to improved inflows of workers’ remittances and export receipts. The rupee ended Rs160.91 to the dollar from previous... Read more »

National Bank declares 110 percent growth in quarterly profit

KARACHI: National Bank of Pakistan (NBP) on Tuesday declared massive growth in after tax profit by 110 percent to Rs11 billion for quarter ended September 30, 2020. According to financial result, the... Read more »

Gul Ahmed Textile Mills declares 64.35 percent quarterly growth in net profit

KARACHI: Gul Ahmed Textile Mills Limited has announced a massive growth of 64.35 percent profit after tax for the quarter ended September 30, 2020. According to financial result posted on Pakistan Stock... Read more »

Kharlachi allowed export route for Afghanistan

ISLAMABAD: Kharlachi border has been added to the list of borders for exports of goods from Pakistan to Afghanistan. The ministry of commerce on Monday issued SRO 1103(I)/2020 to make amendment into... Read more »