CNIC condition on purchases above Rs50,000 to apply from Feb 01

ISLAMABAD: The mandatory requirement of Computerized National Identity Card (CNIC) on purchases of above Rs50,000 to apply from February 01, 2020. Read more »

Equity market sheds 121 points on selling in major scrips

KARACHI: The equity market lost 121 points on Tuesday owing to selling pressure seen in major scrips. Read more »

Rupee makes slight gain amid higher demand for corporate, import payment

KARACHI: The Pak Rupee made slight gain against dollar on Tuesday amid higher demand for import and corporate payment, dealers said. Read more »

Import of mobile phones surges by 106% to Rs96.33 billion in first half

KARACHI: Pakistan has imported mobile phones worth Rs96.33 billion, showing an increase of 106 percent during first half (July – December) of 2019/2020. Read more »

Car import plunges by 80% in July-December

KARACHI: The import of motor cars in completely built unit (CBU) condition fell by 80 percent due to deterrence created against misuse of facility. Read more »

Biometric verification of all saving scheme investors to be conducted under FATF recommendations

ISLAMABAD: The government will conduct biometric verification of all investors of National Saving Schemes in order to make compliance with recommendations of Financial Action Task Force (FATF), a statement issued by Finance... Read more »

Customs announces auction of used vehicles on Jan 20

KARACHI: Pakistan Customs has announced auction of used vehicles to be held on January 20, 2020 at Anti-Smuggling Organization (ASO) Headquarters, NMB Wharf, Ghas Bandar, East Wharf, Karachi. Read more »

Rupee gains nine paisas on foreign inflows in debt market

KARACHI: The Pak Rupee gained nine paisas against dollar on Friday owing to significant foreign inflows in debt market, dealers said. Read more »

FBR directs withholding agents to clearly mention CNIC of non-ATL persons

KARACHI: Withholding agents have been directed to clearly mention the Computerized Identity Card Number (CNIC) of persons whose amounts have been withheld under various transactions. Read more »

Equity market falls by 214 points on political uncertainty

KARACHI: The equity market fell by 214 points on Wednesday owing to political uncertainty as allies of ruling party are showing disapproval. Read more »

Worst weather halts flight operation at Skardu Airport

KARACHI: Worst weather conditions have halted flight operations at the world’s highest airports i.e. Skardu Airport, a statement said on Wednesday. Read more »

Income tax return filing hits new record high

KARACHI: Income tax return filing has increased to a new record high of 2.76 million as people making compliance to avoid 100 percent additional tax on persons not appearing on Active Taxpayers... Read more »