Pakistan Revenue
KARACHI: Pakistan’s business community has mourned the demise of Dr. Abdul Qadeer Khan, who was legendary scientist and father of Pakistan’s nuclear program. Mian Nasser Hyatt Maggo, President of Federation of Pakistan Chambers of Commerce and Industry (FPCCI), in a statement said that the entire business, industry and trade community of Pakistan is mourning the […]
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KARACHI: The Pak Rupee (PKR) depreciated by 21 paisas against the dollar on Monday, closing at Rs170.74 in the interbank foreign exchange market. This decline followed Friday’s closing rate of Rs170.53, reflecting a surge in dollar demand for external payments.
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KARACHI: KSE-100 index companies recorded record profitability in FY21, growing by 60 per cent YoY to Rs884 billion mainly led by macro recovery post COVID-19 lockdowns in FY20. This profitability was significantly higher than last 5-Year and 10-Year CAGRs of 8 per cent and 11 per cent, respectively, analysts at Toplines Securities. The profitability of […]
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KARACHI: Following are the exchange rates of foreign currencies in Pak Rupee (PKR) on October 11, 2021 (The rates are updated at 12:20 PM): Currency Buying Selling Australian Dollar 123.00 124.50 Bahrain Dinar 386.75 388.50 Canadian Dollar 135.00 137.00 China Yuan 23.75 23.90 Danish Krone 23.45 23.75 Euro 195.00 197.00 Hong Kong Dollar 16.65 16.90 […]
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In a move aimed at providing relief to consumers, the federal government has announced a reduction in the sales tax rates on the supply of petrol and high-speed diesel (HSD).
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KARACHI: The stock exchange fell by 109 points on Friday amid range bound trading activities during the day. The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) closed at 44,477 points as compared with previous ending 44,586 points. Analysts at Topline Securities said that range bound activity was observed at the bourse today, as the […]
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KARACHI: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has expressed annoyance over suspension in gas supply to industrial sector. Mian Nasser Hyatt Maggo, President FPCCI, in a statement on Friday expressed his profound concerns over yet another gas supply suspension for 72 hours for the industrial areas of Sindh and Balochistan. It will […]
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KARACHI: The State Bank of Pakistan (SBP) on Friday launched a webpage for the promotion of house financing in the country, especially for Mera Pakistan Mera Ghar (MPMG). A statement said that the central bank had launched dedicated landing webpage on promoting housing and construction finance on its website. The page contains extensive information on […]
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KARACHI: Overseas Pakistanis have remitted $8.034 billion during first quarter (July – September) of the fiscal year 2021/2022, State Bank of Pakistan (SBP) said on Friday.
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ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet of Thursday approved a loyalty program to encourage overseas Pakistanis to send remittances home through legal channels. The ECC meeting was chaired by the Finance Minister Shaukat Tarin. The finance ministry tabled the summary regarding incentives /rewards to overseas Pakistanis remitters under National Remittance Loyalty Program […]
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