Pakistan Revenue
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has exempted banking companies from obtaining licenses to undertake regulated securities activity as security advisors. A notification issued by the SECP stated that it had granted an exemption to the banking companies licensed and authorized by the State Bank of Pakistan (SBP) to open RDA and […]
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ISLAMABAD: The Instagram account of the Embassy of Pakistan Buenos Aires, Argentina hacked and recovered within few minutes, said a statement on Wednesday. “In the early hours of today, the Instagram account of the Embassy of Pakistan Buenos Aires Argentina was hacked by unauthorized outside elements for a few minutes,” according to the statement. The […]
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KARACHI: The deterioration in Pak Rupee (PKR) rupee continued on Wednesday as the dollar topped another record high at Rs178.15. The rupee lost 10 paisas against the dollar to end at the fresh low of Rs178.15 as compared with last day’s closing of Rs178.05, the previous low of the rupee, in the interbank foreign exchange […]
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ISLAMABAD: The holders of unregistered or bearer prize bonds have been given three months to exchange or covert with the documented ways otherwise the bills will have no worth after the deadline. Through different notifications, the Finance Division has notified extension to exchange or conversion of high denomination unregistered/bearer prize bonds up to March 31, […]
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KARACHI: State Bank of Pakistan (SBP) has issued instructions to exchange companies and set limits for the sale of foreign currency to individuals. The SBP issued a circular dated December 19, 2021 and revised instructions in Exchange Companies Manual. The central bank said that exchange companies may sell foreign currency to individuals while ensuring the […]
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Business leaders have raised serious concerns over the continuous intervention of the International Monetary Fund (IMF), warning that its influence is exacerbating Pakistan’s economic struggles.
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ISLAMABAD: The prices of essential items have surged by 19.5 per cent during past one year by week ended December 16, 2021, Pakistan Bureau of Statistics (PBS) said. The year on year trend depicts increase of 19.49 per cent when compared with the week ended December 17, 2020. READ MORE: Headline inflation surges by 11.5% […]
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ISLAMABAD: Shaukat Tarin, Adviser to the Prime Minister on Finance and Revenue, assured an association of car dealers and importers of maximum support in resolving their issues during a meeting held on Friday.
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ISLAMABAD: The President of Pakistan, Dr. Arif Alvi, has rejected a petition filed by a banker for reinstatement into service, who was sacked for harassing a woman. The petitioner filed the appeal before the president against the decision of the Federal Ombudsman for Protection against Harassment of Women at Workplace which had modified the punishment […]
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The Federal Board of Revenue (FBR) has announced an increase in sales tax on the supply of petrol and high-speed diesel (HSD), as outlined in the recently issued SRO 1640(I)/2021.
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