PTCL converting exposures in local currency after Rs323 million exchange loss

KARACHI: Pakistan Telecommunication Company Limited (PTCL) has decided to convert its exposures into Pak Rupee instead of US dollar. Read more »

SRB suspends sales tax registration of logistic company for short payment

KARACHI: Sindh Revenue Board (SRB) on Thursday suspended sales tax registration of a logistic company for depositing short payment. Read more »

KSE-100 index ends down on profit taking

KARACHI: The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) ended down on Thursday owing to profit taking in various scrips. Read more »

Rupee ends flat on lackluster dollar demand

KARACHI: The Pak Rupee ended flat against US dollar on Thursday amid lackluster demand for import and corporate payments. Read more »

SBP directs banks to display contact details to facilitate customers

KARACHI: State Bank of Pakistan (SBP) on Thursday directed all banks to display prominently contact details to facilitate customers in case of complaints and other issues. Read more »

Investment in unregistered prize bonds increases by 17pc to Rs922.78 billion

KARACHI: The investment in unregistered prize bonds has increased by 17 percent to Rs922.78 billion by month-end of December 2018 as against ending stock of Rs788.4 billion in the same month a... Read more »

SBP sells treasury bills worth Rs2,107.51 billion in auction

KARACHI: The State Bank of Pakistan (SBP) has raised Rs2,107.51 billion in an auction of Market Treasury Bills (MTBs) held on Wednesday. Read more »

Arif Usmani appointed NBP President, CEO

KARACHI: The federal government has appointed Arif Usmani as President and Chief Executive Officer (CEO) of National Bank of Pakistan (NBP), said an official note received by Pakistan Stock Exchange (PSX) on... Read more »

Income Tax Ordinance 2001: persons not required to file annual income return

KARACHI: There are certain classes of persons who are not required to file annual return of income to Federal Board of Revenue (FBR). Read more »

PTCL group’s revenue grows to Rs126.2 billion

KARACHI: Pakistan Telecommunication Company Limited (PTCL) Group’s revenue for the year 2018 has grown YoY by 8 percent to Rs126.2 billion as a result of positive contribution by all group companies. Read more »

Production activities halt on gas shortage: FPCCI

KARACHI: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has said that manufacturing activities have been halted due to gas shortage in the country. Read more »

Income Tax Ordinance 2001: requirement of filing annual return

KARACHI: Federal Board of Revenue (FBR) has explained requirement of filing income tax returns by persons and corporate entities. Read more »