Dec 31

Exchange Rates

Exchange rates: PKR to AED on December 31, 2021

KARACHI: Following are the rates of buying and selling of one UAE Dirham (AED) in Pakistani Rupee (PKR) in the open market on December 31, 2021: Buying: Rs 49.50 to the UAE Dirham Selling: Rs 49.95 to the UAE Dirham The buying rate means an exchange company or a bank buys foreign currency from a customer. The selling rate means an […]

by Hamza Shahnawaz

Dec 31

Exchange Rates

Exchange rates: PKR to GBP on December 31, 2021

KARACHI: Following are the rates of buying and selling of one UK Pound Sterling (GBP) in Pakistani Rupee (PKR) in the open market on December 31, 2021: Buying: Rs 236.60 to the UK Pound Sterling Selling: Rs 239.10 to the UK Pound Sterling The buying rate means an exchange company or a bank buys foreign currency from a customer. The selling […]

by Hamza Shahnawaz

Dec 31

Exchange Rates

Bitcoin to Pak Rupee on December 31

KARACHI: The exchange rate of Bitcoin (BTC) in Pak Rupee (PKR) is Rs8,465,737.12 on December 31, 2021 in open exchange market. The rate of Bitcoin has been calculated and compared with the rate Rs8,324,613.96 on December 30, 2021. The rate of Bitcoin in US Dollar (USD) is $47,381.84 on December 31, 2021 in open exchange market. The rate of Bitcoin has been calculated and compared with […]

by Faisal Shahnawaz

Dec 31

Exchange Rates

Exchange rates: PKR to EUR on December 31, 2021

KARACHI: Following are the rates of buying and selling of one Euro (EUR) in Pakistani Rupee (PKR) in the open market on December 31, 2021: Buying: Rs 200.45 to the Euro Selling: Rs 202.20 to the Euro The buying rate means an exchange company or a bank buys foreign currency from a customer. The selling rate means an exchange company or […]

by Hamza Shahnawaz

Dec 31

Exchange Rates

Exchange rates: PKR to SAR on December 31, 2021

KARACHI: Following are the rates of buying and selling of one Saudi Riyal (SAR) in Pakistani Rupee (PKR) in the open market on December 31, 2021: Buying: Rs 46.55 to the Saudi Riyal Selling: Rs 47.05 to the Saudi Riyal The buying rate means an exchange company or a bank buys foreign currency from a customer. The selling rate […]

by Hamza Shahnawaz

Mini-budget: income tax rates proposed for foreign TV dramas

Dec 31

Taxation

Mini-budget: income tax rates proposed for foreign TV dramas

ISLAMABAD: The government on Thursday presented a mini-budget and introduced income tax rates for foreign produced TV dramas. The changes have been proposed through the Finance (Supplementary) Bill, 2021 presented before the parliament. Sources in the Federal Board of Revenue (FBR) said that the imposition of tax on foreign TV dramas would general sizeable revenue. […]

by Mrs. Anjum Shahnawaz

Mini-budget: Advance tax on motor vehicles doubles

Dec 31

Automotive, Taxation, Top stories

Mini-budget: Advance tax on motor vehicles doubles

In a bid to curb the practice of on-money transactions on motor vehicles and boost advance tax revenues, the government has introduced significant changes in the Finance (Supplementary) Bill, 2021, commonly referred to as the mini-budget.

by Mrs. Anjum Shahnawaz

Tax exemptions worth Rs343 billion withdrawn through mini-budget

Dec 30

Finance, Taxation, Top stories

Tax exemptions worth Rs343 billion withdrawn through mini-budget

The Pakistani government unveiled a mini-budget on Thursday, signaling the withdrawal of tax exemptions amounting to Rs343 billion.

by Mrs. Anjum Shahnawaz

Text of Finance (Supplementary) Bill, 2021

Dec 30

Finance, Top stories

Text of Finance (Supplementary) Bill, 2021

ISLAMABAD: The federal government on Thursday presented the Finance (Supplementary) Bill, 2021 which is called mini-budget by many quarters due to changes in taxation system. According to Finance Minister Shaukat Tarin the government has reviewed tax exemptions. This withdrawal of tax exemption will not affect the common men. Following is the text of the Finance […]

by Mrs. Anjum Shahnawaz

Stocks gain 156 points ahead of mini-budget

Dec 30

Stock & Commodity

Stocks gain 156 points ahead of mini-budget

KARACHI: The stocks gained 156 points on Thursday ahead of mini-budget announcement, analysts said. The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) closed at 44,416 points as against previous day’s closing of 44,260 points, showing an increase of 156 points. READ MORE: KSE-100 index up 216 points in range-bound trading The analysts at Arif […]

by Faisal Shahnawaz