Nov 13

Early detection only prevention for breast cancer

KARACHI: The First Lady of Pakistan Samina Arif Alvi has stressed that early detection is the only prevention for dealing with the life-threatening disease of breast cancer as 98 percent of the women survive when they are diagnosed with breast cancer earlier but unfortunately, majority of the breast cancer patients in Pakistan are diagnosed belatedly […]

by Faisal Shahnawaz

State Bank enhances CRR 6% to ease pressure on PKR

Nov 13

State Bank enhances CRR 6% to ease pressure on PKR

KARACHI: State Bank of Pakistan (SBP) on Saturday enhanced the cash reserves requirement (CRR) for banks to 6 per cent in order to ease pressure on Pak Rupee (PKR). The SBP decided to increase the average (CRR), to be maintained during a period of two weeks by scheduled banks, from 5 percent to 6 percent […]

by Mrs. Anjum Shahnawaz

Computation of income tax for builders and developers

Nov 13

Taxation

Computation of income tax for builders and developers

ISLAMABAD, Monday – The Federal Board of Revenue (FBR) has released comprehensive guidelines, outlined in the Eleventh Schedule of the Income Tax Ordinance, 2001, for the computation of income tax specifically tailored for builders and developers.

by Faisal Shahnawaz

Nov 13

Stock & Commodity

Weekly Review: market to eye IMF package

KARACHI: The stock market to wait for the IMF package during the next week, which is current stalled. Analysts at Arif Habib Limited said that despite noise gaining traction on the economic front, we believe there is some silver lining; 1QFY22 fiscal deficit declined by 9.2 per cent YoY whereas local production also appears under […]

by Hamza Shahnawaz

Nov 13

Money & Banking

Today’s currency exchange rates in PKR – Nov 13, 2021

KARACHI: Following are the open market exchange rates of foreign currencies in Pak Rupee (PKR) in Pakistan on November 13, 2021 (The rates are updated at 09:50 AM Pakistan Standard Time): Currency Buying Selling Australian Dollar (AUD) 127 129 Bahrain Dinar (BHD) 386.75 388.50 Canadian Dollar (CAD) 139 141 China Yuan (CNY) 23.75 23.90 Danish Krone (DNK) 23.45 23.75 Euro (EUR) 200.50 202.50 Hong […]

by Hamza Shahnawaz

Pakistan sees 70% rise in diabetes cases in two years

Nov 13

National

Pakistan sees 70% rise in diabetes cases in two years

KARACHI: Ahead of World Diabetes Day, the International Diabetes Federation (IDF) has released new figures showing that the prevalence of diabetes in Pakistan has increased significantly as 33 million adults in Pakistan are now living with diabetes – a 70 per cent increase in past two years or since 2019. According to IDF, in 2021, […]

by Mrs. Anjum Shahnawaz

President Alvi orders two banks to pay victims of fraud

Nov 13

Money & Banking, National, Top stories

President Alvi orders two banks to pay victims of fraud

ISLAMABAD: Pakistan President Dr. Arif Alvi has ordered two banks i.e. Al Baraka Bank Ltd (ABBL) and Habib Bank Ltd (HBL) to pay their customers in order to provide relief in fraud cases. President Dr Arif Alvi has upheld two different decisions of the Banking Mohtasib (BM) ordering Al Baraka Bank Ltd (ABBL) and Habib […]

by Mrs. Anjum Shahnawaz