Author: Hamza Shahnawaz

  • Pakistani Rupee to UK Pound Sterling on June 02, 2022

    Pakistani Rupee to UK Pound Sterling on June 02, 2022

    KARACHI: Following are the rates of buying and selling of one UK Pound Sterling (GBP) in Pakistani Rupee (PKR) in the open market on June 02, 2022:

    Buying: Rs 245.00 to the UK Pound Sterling

    Selling: Rs 247.50 to the UK Pound Sterling

    The buying rate means an exchange company or a bank buys foreign currency from a customer.

    The selling rate means an exchange company or a bank sells the foreign currency from a customer.

    The rate has been updated at 10:14 AM Pakistan Standard Time (PST).

    The UK Pound Sterling /PKR parity depends on open market rates, they are set by the market forces based on foreign currency demand.

    Disclaimer: Team PKRevenue.com provides the available rates of the open market, which are subject to change every hour. Team PKRevenue.com provides the available exchange rates at the time of posting the story. So the team is not responsible for any inaccuracy of the data.

    READ MORE: Pakistani Rupee to UK Pound Sterling on June 01, 2022

  • Pakistani Rupee to Euro on June 02, 2022

    Pakistani Rupee to Euro on June 02, 2022

    KARACHI: Following are the rates of buying and selling of one Euro (EUR) in Pakistani Rupee (PKR) in the open market on June 02, 2022:

    Buying: Rs 208.00 to the Euro

    Selling: Rs 210.00 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 a bank sells for foreign currency from a customer.

    The rate has been updated at 09:59 AM Pakistan Standard Time (PST).

    The Euro /PKR parity depends on open market rates, they are set by the market forces based on foreign currency demand.

    Disclaimer: Team PKRevenue.com provides the available rates of the open market, which are subject to change every hour. Team PKRevenue.com provides the available exchange rates at the time of posting the story. So the team is not responsible for any inaccuracy of the data.

    READ MORE: Pakistani Rupee to Euro on June 01, 2022

  • Pakistani Rupee to Saudi Riyal on June 02, 2022

    Pakistani Rupee to Saudi Riyal on June 02, 2022

    KARACHI: Following are the rates of buying and selling of one Saudi Riyal (SAR) in Pakistani Rupee (PKR) in the open market on June 02, 2022:

    Buying: Rs 52.00 to the Saudi Riyal

    Selling: Rs 52.50 to the Saudi Riyal

    The buying rate means an exchange company or a bank buys foreign currency from a customer.

    The selling rate means an exchange company or a bank sells for foreign currency from a customer.

    The rate has been updated at 09:53 AM Pakistan Standard Time (PST).

    The Saudi Riyal /PKR parity depends on open market rates, they are set by the market forces based on foreign currency demand.

    Disclaimer: Team PKRevenue.com provides the available rates of the open market, which are subject to change every hour. Team PKRevenue.com provides the available exchange rates at the time of posting the story. So the team is not responsible for any inaccuracy of the data.

    READ MORE: Pakistani Rupee to Saudi Riyal on June 01, 2022

  • PITB, Faysal Bank sign MoU to facilitate freelancers

    PITB, Faysal Bank sign MoU to facilitate freelancers

    LAHORE: Punjab Information Technology Board (PITB) and Faysal Bank Limited (FBL) have signed a Memorandum of Understanding (MoU) to facilitate freelancers across Pakistan.

    The ceremony of agreement signing was held at Arfa Technology Park on Wednesday June 1, 2022. The MoU was signed by PITB DG e-Governance Sajid Latif and FBL Head CIBG Ali Waqar on behalf of their respective organizations.

    Senior officials from both organizations including PITB’s JD Freelancing Wing Ahmed Islam, State Bank of Pakistan’s Senior Officer Ali Atta, and Payoneer’s Country Manager Mohsin Muzaffar and Partnerships Manager Affaf Noor were also present.

    According to the MoU, PITB and Faysal Bank would collaborate to support endeavors and activities of mutual interest for the facilitation of freelancers by offering them a “Digital Freelancer Account”.

    READ MORE: FBR establishes IT center against cyber security attacks

    In particular, FBL would provide the Digital Freelancer Account to existing and to-be PITB graduates as well as sponsor different events organized by PITB related to digital technology, youth empowerment, and freelancing ecosystem.

    Besides many other benefits, FBL would also give laptops to the top performer and mobile phones to the second and third top performers of each batch as an appreciation of emerging freelancers. Furthermore, FBL would market and give partner privilege to PITB owing to the organization’s large freelancers’ base across Pakistan (alumni and trainees).

    PITB is committed to providing work opportunities and imparting digital skills to freelancers across Punjab through various initiatives. Over the last year, PITB has extended its support nationwide through endeavors for aspiring entrepreneurs and freelancers hailing from diverse social backgrounds. PITB’s freelancing initiatives are catering both men and women alike, training them to be economically empowered.

  • SRB collects Rs132 billion as services tax in 11 months

    SRB collects Rs132 billion as services tax in 11 months

    KARACHI: The collection of sales tax on services by Sindh Revenue Board (SRB) has increased by 21 per cent to Rs132 billion during first 11 months (July – May) 2021/2022.

    According to official data released on Wednesday, the SRB collected Rs132 billion during first eleven months of the current fiscal year as compared with Rs109 billion in the corresponding period of the last fiscal year.

    READ MORE: Tax officials barred from direct freezing bank accounts

    The provincial revenue authority still needs tax collection of around Rs18 billion in the last month i.e. June 2022 in order to achieve Rs150 billion collection target for the fiscal year 2021/2022.

    READ MORE: SRB implements verification system for utility invoices

    The SRB likely to surpass the revenue collection target for the outgoing fiscal year as its monthly collection witnessed an impressive growth.

    The provincial revenue authority collected Rs14.05 billion in the month of May 2022 as compared with Rs10.26 billion in the corresponding month of the last year, showing an increase of 37 per cent.

    READ MORE: KTBA identifies anomaly in SRB’s appellate system

    The Sindh province was the first to start the collection of sales tax on services by legislating Sindh Sales Tax on Services Act, 2011.

    READ MORE: SRB extends last date for payment, filing return

  • Foreign currency rates in Pak Rupee – June 01, 2022

    Foreign currency rates in Pak Rupee – June 01, 2022

    KARACHI: Following are the open market exchange rates of foreign currencies in Pak Rupee (PKR) in Pakistan on June 01, 2022 (The rates are updated at 10:24 AM (Pakistan Standard Time):

    CurrencyBuyingSelling
    Australian Dollar (AUD)139.00140.50
     Bahrain Dinar (BHD)533.00537.50
     Canadian Dollar (CAD)153.00155.00
     China Yuan (CNY)23.5023.75
     Danish Krone (DNK)28.7929.14
     Euro (EUR)210.00212.50
     Hong Kong Dollar (HKD)25.3225.67
     Indian Rupee (INR)2.562.64
     Japanese Yen (JPY)1.591.63
     Kuwaiti Dinar (KWD)654.50659.50
     Malaysian Ringgit (MYR)45.5145.96
     NewZealand $ (NZD)130.34131.54
     Norwegians Krone (NOK)21.1521.45
     Omani Riyal (OMR)521.00525.50
     Qatari Riyal (QAR)54.5955.09
     Saudi Riyal (SAR)51.5052.00
     Singapore Dollar (SGD)141.00142.50
     Swedish Korona (SEK)20.3920.69
     Swiss Franc (CHF)207.54209.29
     Thai Bhat (THB)5.835.93
     U.A.E Dirham (AED)53.2554.75
     UK Pound Sterling (GBP)247.00249.50
     US Dollar (USD)197.70199.60

    Disclaimer: Team PKRevenue.com provides the available rates of the open market, which are subject to change every hour. Team PKRevenue.com provides the available exchange rates at the time of posting the story. So the team is not responsible for any inaccuracy of the data.

    READ MORE: Foreign currency rates in Pak Rupee – May 31, 2022

  • Pakistani Rupee to US Dollar on June 01, 2022

    Pakistani Rupee to US Dollar on June 01, 2022

    Karachi, June 01, 2022 – The Pakistani Rupee (PKR) traded within a narrow range against the US Dollar (USD) in the open market on Wednesday, reflecting cautious optimism among currency dealers and market participants amid ongoing economic developments.

    (more…)
  • Pakistani Rupee to UAE Dirham on June 01, 2022

    Pakistani Rupee to UAE Dirham on June 01, 2022

    KARACHI: Following are the rates of buying and selling of one UAE Dirham (AED) in Pakistani Rupee (PKR) in the open market on June 01, 2022:

    Buying: Rs 53.25 to the UAE Dirham

    Selling: Rs 54.75 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 exchange company or a bank sells the foreign currency from a customer.

    The rate has been updated at 10:08 AM Pakistan Standard Time (PST).

    The UAE Dirham /PKR parity depends on open market rates, they are set by the market forces based on foreign currency demand.

    Disclaimer: Team PKRevenue.com provides the available rates of the open market, which are subject to change every hour. Team PKRevenue.com provides the available exchange rates at the time of posting the story. So the team is not responsible for any inaccuracy of the data.

    READ MORE: Pakistani Rupee to UAE Dirham on May 31, 2022

  • Pakistani Rupee to UK Pound Sterling on June 01, 2022

    Pakistani Rupee to UK Pound Sterling on June 01, 2022

    KARACHI: Following are the rates of buying and selling of one UK Pound Sterling (GBP) in Pakistani Rupee (PKR) in the open market on June 01, 2022:

    Buying: Rs 247.00 to the UK Pound Sterling

    Selling: Rs 249.50 to the UK Pound Sterling

    The buying rate means an exchange company or a bank buys foreign currency from a customer.

    The selling rate means an exchange company or a bank sells the foreign currency from a customer.

    The rate has been updated at 10:01 AM Pakistan Standard Time (PST).

    The UK Pound Sterling /PKR parity depends on open market rates, they are set by the market forces based on foreign currency demand.

    Disclaimer: Team PKRevenue.com provides the available rates of the open market, which are subject to change every hour. Team PKRevenue.com provides the available exchange rates at the time of posting the story. So the team is not responsible for any inaccuracy of the data.

    READ MORE: Pakistani Rupee to UK Pound Sterling on May 31, 2022

  • Pakistani Rupee to Euro on June 01, 2022

    Pakistani Rupee to Euro on June 01, 2022

    KARACHI: Following are the rates of buying and selling of one Euro (EUR) in Pakistani Rupee (PKR) in the open market on June 01, 2022:

    Buying: Rs 210.00 to the Euro

    Selling: Rs 212.50 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 a bank sells for foreign currency from a customer.

    The rate has been updated at 09:59 AM Pakistan Standard Time (PST).

    The Euro /PKR parity depends on open market rates, they are set by the market forces based on foreign currency demand.

    Disclaimer: Team PKRevenue.com provides the available rates of the open market, which are subject to change every hour. Team PKRevenue.com provides the available exchange rates at the time of posting the story. So the team is not responsible for any inaccuracy of the data.

    READ MORE: Pakistani Rupee to Euro on May 31, 2022