ISLAMABAD: Federal Board of Revenue (FBR) on Tuesday decided to construct a monument at its Headquarters at Islamabad to commemorate and pay homage to martyrs of the revenue body. The FBR in its notification said that in order to commemorate and pay homage to martyrs of FBR who laid their lives in the line of […]
KARACHI: The stock market posted a decline of 392 points on Tuesday owing to year-end profit booking and new strain of coronavirus. The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) closed at 43,282 points as against previous day’s close of 43,674 points showing a decline of 392 points. Analysts at Arif Habib Limited said […]
KARACHI: Securities and Exchange Commission of Pakistan (SECP) has allowed 90 days extension to Shanghai Power Company to make public announcement of offer to acquire 66.40 percent ordinary shares of K-Electric Limited. According to a communication to Pakistan Stock Exchange (PSX) on Tuesday related to extension in timeline for public announcement offer to acquire up […]
KARACHI: The Pak Rupee eased by one paisa against the dollar on Tuesday as sufficient supply of the foreign currency was available during the day. The rupee ended at Rs160.39 to the dollar from last day’s closing of Rs160.38 in the interbank foreign exchange market. Currency dealers said that although demand for the foreign currency […]
ISLAMABAD: Every cash transaction for sale and purchase of a housing unit of above Rs2 million is required to be reported under anti-money laundering (AML) / Counter Financing of Terrorism (CFT) to comply with conditions of Financial Action Task Force (FATF), the Federal Board of Revenue (FBR) said on Monday. The FBR issued guidelines to […]