SRB collects Rs57 billion in first half

KARACHI: Sindh Revenue Board (SRB) has collected Rs57.02 billion during first half (July – December) of the current fiscal year as compared with Rs49 billion in the same half of the last... Read more »

New Year gift: prices of all petroleum products increased

ISLAMABAD: The federal government on Thursday announced a New Year gift for general public by enhancing prices of all petroleum products next fortnight effective from mid-night of January 01, 2021. According to... Read more »

ABAD welcomes date extension for construction package

KARACHI: Association of Builders and Developers of Pakistan (ABAD) on Thursday welcomed the extension in Incentives for Construction industry up to June 30, 2021 by Prime Minister Imran Khan. The association said... Read more »

Magoo elected FPCCI president

KARACHI:  The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) on Thursday announced the election of Mian Nasser Hyatt Magoo as president of the apex trade body for the year 2021.... Read more »

Stock market gains 60 points amid profit booking

KARACHI: The stock market ended with a gain of 60 points on Thursday amid profit booking seen on the last day of the year 2020. The benchmark KSE-100 index of Pakistan Stock... Read more »

Foreign exchange reserves fall by $59 million to $20.25 billion

KARACHI: The liquid foreign exchange reserves of the country fell by $59 million to $20.254 billion by week ended December 24, 2020, State Bank of Pakistan (SBP) said on Thursday. The foreign... Read more »

SBP extends validity measures to mitigate coronavirus pandemic

KARACHI: The State Bank of Pakistan (SBP) has extended the validity of measures up to June 30, 2021 to mitigate coronavirus pandemic related to Anti-Money Laundering (AML)/ Counter Financing of Terrorism (CFT),... Read more »

Rupee ends year at Rs159.83 against dollar

KARACHI: The Pak Rupee ended the year 2020 at Rs159.83 to the dollar, gaining 45 paisas on Thursday from previous day’s closing value. However, the local unit fell by Rs4.96 against dollar... Read more »

Amnesty date for developers, builders extended up to June 30

ISLAMABAD: The federal government has extended the last date for amnesty scheme to builders and developers up to June 30, 2021, sources said on Thursday. The date for availing immunity from declaration... Read more »

FBR facilitates taxpayers in updating profile; issues user guide

ISLAMABAD: Federal Board of Revenue (FBR) on Wednesday issued a guideline for facilitation of taxpayers to update their profile, which is mandatory under Income Tax Ordinance, 2001. The FBR has already extended... Read more »