ISLAMABAD: The Federal Board of Revenue (FBR) has deferred the implementation of a digital mode of payment for one month. The digital mode of payment has been made mandatory for the corporate sector, which was to be implemented from November 01, 2021. The FBR issued Circular No. 09 of 2021-22 on Monday to allow an […]
KARACHI: Pakistan’s stocks gained 790 points on Monday owing to successful negotiations between the government and the banned outfit. The benchmark KSE-100 index of the Pakistan Stock Exchange (PSX) ended at 46,975 points from last Friday’s closing of 46,185 points. Analysts at Topline Securities said that Pakistani equities started the week on a positive note […]
the Federal Board of Revenue (FBR) has granted tax exemptions from total income during the tax year 2022 to various classes of individuals and entities under Part 1, Second Schedule of the Income Tax Ordinance, 2001.
KARACHI: State Bank of Pakistan (SBP) on Monday issued the following Karachi Interbank Offered Rates (KIBOR) on November 01, 2021. Tenor BID OFFER 1 – Week 7.26 7.76 2 – Week 7.27 7.77 1 – Month 7.30 7.80 3 – Month 8.02 8.27 6 – Month 8.46 8.71 9 – Month 8.75 9.25 1 – Year 8.83 9.33
Karachi, November 01, 2021 – The State Bank of Pakistan (SBP) has released the official exchange rates for customers as of November 01, 2021.
KARACHI: The dollar fell to Rs171.29 in the interbank foreign exchange market on Monday. The Pak Rupee gained 36 paisas against the greenback. The rupee ended Rs171.29 to the dollar from last Friday’s closing of Rs171.65 in the interbank foreign exchange market. The rupee gained the value for the last four trading days after the […]
ISLAMABAD: The headline inflation based on Consumer Price Index (CPI) has increased by 9.2 per cent on Year on Year (YoY) basis in October. The CPI inflation was 9.0 per cent in the previous month and 8.9 per cent in October 2020, the Pakistan Bureau of Statistics (PBS) said on Monday. On month-on-month (MoM0 basis, […]
xiomi
KARACHI: Xiaomi, a global consumer electronics and smartphone giant, has decided to manufacture mobile phones in Pakistan. In this connection, Xiaomi has joined hands with Select Technologies (Pvt) Limited (SELECT), a wholly-owned subsidiary of Air Link Communication Limited (AIRLINK), as its manufacturing partner for Xiaomi mobile phones in Pakistan. “We are targeting a production of […]
The Federal Board of Revenue (FBR) has announced income tax exemption on the import of drones donated by the Chinese Ministry of Agriculture and Rural Affairs.
KARACHI: Following are the open market exchange rates of foreign currencies in Pak Rupee (PKR) in Pakistan on November 01, 2021 (The rates are updated at 11:10 AM Pakistan Standard Time): Currency Buying Selling Australian Dollar (AUD) 127.50 129.50 Bahrain Dinar (BHD) 386.75 388.50 Canadian Dollar (BHD) 138.00 140.00 China Yuan (BHD) 23.75 23.90 Danish Krone (DNK) 23.45 23.75 Euro (EUR) 197.00 199.00 Hong […]