Pakistan Revenue
KARACHI: The stocks witnessed a decline of 379 points on Tuesday owing to selling pressure witnessed during the day. The benchmark KSE-100 index of the Pakistan Stock Exchange (PSX) closed at 46,891 points as against the previous day’s closing of 47,270 points. Analysts at Arif Habib Limited said that the market tumbled mainly as a result […]
Continue Reading
ISLAMABAD: The last date for filing income tax return for the tax year 2021 may be extended as an online portal of the Federal Board of Revenue (FBR) was remained disturbed last month. The FBR system was not working for 10 days during the last month, said Shaukat Tarin at a press conference on Tuesday. […]
Continue Reading
KARACHI: Engro Enfrashare, a wholly-owned subsidiary of Engro Corporation, has entered into an Islamic syndicate arrangement amounting to Rs4.5 billion, led by Meezan Bank and Faysal Bank, according to a statement issued on Tuesday. The proceeds raised through this Islamic syndication would be utilized to finance the development of tower sites for various mobile network […]
Continue Reading
KARACHI: The US dollar has reached to all time high against the Pak Rupee (PKR) at 168.70 during intraday trading on Tuesday. The dollar was seen trading at Rs168.70 during midday trading in the interbank foreign exchange market. The rupee came down by 60 paisas to the dollar. The exchange rate ended at Rs168.10 in […]
Continue Reading
KARACHI: Following are the exchange rates of foreign currencies in Pak Rupee (PKR) on September 14, 2021: The rates are updated at 11.00 AM. Currency Buying Selling Australian Dollar 123 125 Bahrain Dinar 386.5 388.5 Canadian Dollar 134.5 136.5 China Yuan 23.65 23.8 Danish Krone 23.35 23.65 Euro 197 199 Hong Kong Dollar 16.55 16.8 Indian Rupee 2.03 2.1 […]
Continue Reading
KARACHI: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has recommended a reduction of 50 – 100 basis points in the key policy rate, according to a statement issued on Monday. The existing policy rate is seven per cent. A monetary policy survey – conducted recently prior to SBP’s Monetary Policy Committee (MPC) meeting […]
Continue Reading
KARACHI: Gerry’s dnata, Pakistan’s leading ground services provider, has been awarded a multi-year contract by Gulf Air, the national carrier of the Kingdom of Bahrain. The partnership will see Gerry’s dnata provide quality and safe ground, passenger and cargo handling services to the airline at six airports in Pakistan, including Karachi, Lahore, Islamabad, Peshawar, Multan […]
Continue Reading
KARACHI: A 20-member German Emirati Chamber of Commerce & Industry (AHK) business delegation, which is visiting Pakistan for a firsthand assessment of business and investment opportunities in the country held a meeting today with foreign investors, members of Overseas Investors Chamber of Commerce and Industry (OICCI). The German Business delegation was accompanied by Holger Ziegeler, […]
Continue Reading
KARACHI: The stock market is likely to witness range-bound activity during the next week due to concerns over inflation and the devaluation of the Pak Rupee. Analysts at Arif Habib Limited said that the market to remain range-bound in the upcoming week. Keeping in view concerns over inflation, devaluation of Pak Rupee against the greenback and […]
Continue Reading
ISLAMABAD: Dr. Muhammad Ashfaq Ahmed, Chairman of the Federal Board of Revenue (FBR) on Friday reviewed the progress made on the Prime Minister’s relief package for the construction industry. Member Inland Revenue (Policy) assisted by Chief IR Policy informed the Chairman that so far 1321 persons have registered themselves through the online system of FBR […]
Continue Reading