Pakistan Revenue
KARACHI: The benchmark KSE-100 index of the Pakistan Stock Exchange (PSX) witnessed a decline of 223 points on Friday and witness a fall of 1,562 points to end the week. The KSE-100 index ended at 45,074 points from the previous day’s closing of 45,297 points. The index continuously fell during all the days during the […]
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KARACHI: The Pak Rupee (PKR) continued its slide against the dollar on Friday in the interbank foreign exchange market. The rupee fell by five paisas to close at Rs169.08 to the dollar from the previous day’s closing of Rs168.03 in the interbank foreign exchange market. The rupee depreciated despite the initiatives taken by the State […]
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ISLAMABAD, April 17, 2025 — The Federal Board of Revenue (FBR) has taken a major step to enhance regional trade by issuing draft rules for the Uzbekistan-Pakistan Transit Trade (UPTT) mechanism. These regulations aim to formalize and streamline the movement of goods between Pakistan and Uzbekistan, promoting cross-border trade through efficient logistics and transparent customs […]
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KARACHI: The liquid foreign exchange reserves of the country fell by $663 million during the week ended September 17, 2021.
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KARACHI: The State Bank of Pakistan (SBP) on Thursday amended regulations to prohibit financing for imported vehicles. “The changes in the PRs effectively prohibit financing for imported vehicles,” the SBP said in a statement. According to the statement, the SBP had revised Prudential Regulations (PRS) for Consumer Financing. This targeted step will help to moderate […]
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KARACHI: Expo 2020 Dubai’s must-see aviation attraction is gearing up to open its doors to the public on October 01, 2021. Located in the Opportunity District, and within walking distance of the Al Wasl Dome, the Emirates Pavilion offers a preview for the future of commercial aviation, reframing the role that science and technology will […]
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KARACHI: President, Employers’ Federation of Pakistan, Ismail Suttar, has strongly condemned the promulgation of new tax ordinance without consultation of the relevant stakeholders. The federal government introduced Tax Laws (Third Amendment) Ordinance, 2021, which was promulgated on September 15, 2021 through a presidential order. In a statement, Ismail while criticizing the Federal Board of Revenue (FBR), […]
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KARACHI: The Pak Rupee (PKR) gained of 20 paisas against the dollar on Tuesday. The rupee ended Rs168.52 to the dollar from previous day’s closing of Rs168.72 in the interbank foreign exchange market. Currency experts said that the market witnessed inflows of exports receipts and workers’ remittances during the day. They said that the external […]
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KARACHI: Sindh High Court (SHC) has dismissed a petition filed by Hum Network Limited for a grant of relief against a show cause issued by the Sindh Revenue Board (SRB). A division bench of the SHC in a case C.P.No.D-3735 of 2016, observed: “We are of the considered view that instant petition is misconceived and […]
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KARACHI: Finance Minister Shaukat Tarin has explained the measures have been taken against non-filers and under-filers who are declaring zero income. Talking at a meeting with office bearers of Karachi Chamber of Commerce and Industry (KCCI) a day earlier, Shaukat Tarin categorically stated that victimization was definitely not the purpose of the Ordinance which was […]
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