Author: Mrs. Anjum Shahnawaz

  • PTCL declares 38% growth in net profit for first half

    PTCL declares 38% growth in net profit for first half

    KARACHI: Pakistan Telecommunication Company Limited (PTCL) on Wednesday announced 38 per cent growth in net profit for the half ended June 30, 2021.

    The telecom company announced Rs3.74 billion as net profit for the period January – June 2021 as compared with Rs2.7 billion in the corresponding half of the last year.

    The company announced 73 paisas as earnings per share for the first half of the year under review as compared with 53 paisas EPS declared in the same half of the last year.

    Revenue of the company increased to Rs38.187 billion for the first half of 2021 as compared with Rs35.33 billion in the same half of the last year.

    The PTCL declared Rs8.69 billion as gross profit for the six months period of the current year as compared with Rs7.32 billion in the same period of the last year.

    Administrative and general expenses of the company increased to Rs3.52 billion as compared with Rs3.16 billion.

    The results have been announced by the Board of Directors of the company in their meeting held on July 14, 2021.

  • Rupee gains 38 paisas against dollar

    Rupee gains 38 paisas against dollar

    KARACHI: The Pak Rupee made a gain of 38 paisas against the dollar on Wednesday due to inflows of payment of international bonds floated by the government.

    The rupee ended at Rs159.13 to the dollar from previous day’s closing of Rs159.51 in the interbank foreign exchange market.

    During the day the SBP announced to receive $1 billion as proceeds of Eurobond auctioned by the government of Pakistan.

  • SBP issues exchange rates for July 14, 2021

    SBP issues exchange rates for July 14, 2021

    KARACHI, July 29, 2024 – The State Bank of Pakistan (SBP) announced on Wednesday the release of customers’ exchange rates based on the weighted average rates of commercial banks. These rates provide valuable insight into the exchange rates offered by various commercial banks to their clients.

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  • Exchange rate: buying, selling of Saudi Riyal in rupee on July 14

    Exchange rate: buying, selling of Saudi Riyal in rupee on July 14

    KARACHI – The exchange rates for buying and selling one Saudi Riyal (SAR) against the Pakistani Rupee (PKR) in the open market on July 14, 2021, are as follows:

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  • Exchange rate: buying, selling of UAE Dirham in rupee on July 14

    Exchange rate: buying, selling of UAE Dirham in rupee on July 14

    KARACHI, July 14, 2021 – The latest exchange rates for the UAE Dirham (AED) against the Pakistani Rupee (PKR) have been revealed, offering a glimpse into the current market dynamics.

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  • Exchange rate: buying, selling of Euro in rupee on July 14

    Exchange rate: buying, selling of Euro in rupee on July 14

    KARACHI – As of July 14, 2021, the exchange rates for buying and selling one Euro (EUR) in Pakistani Rupees (PKR) in the open market have been reported as Rs 185.50 and Rs 187.50, respectively.

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  • Exchange rate: buying, selling of UK Pound in rupee on July 14

    Exchange rate: buying, selling of UK Pound in rupee on July 14

    KARACHI: Following are the rates of buying and selling of one UK Pound Sterling (GBP) in Pakistani Rupee (PKR) in open market on July 14, 2021:

    Buying: Rs 217 to the UK Pound Sterling

    Selling: Rs 220 to the UK Pound Sterling

    Today’s GBP to PKR (UK Pound Sterling Price in Pakistan Rupee 2021) exchange rate has been given here. All rates are updated every hour to offer you the best UK Pound Sterling to Pakistani Rupee.

    The UK Pound Sterling/ Rupee PKR parity depends on open market rates which are set by the market forces on the basis of demand of the foreign currency.

    Disclaimer: Team PKRevenue.com provides the available rates of open market, which are subject to change every hour. Team PKRevenue.com provides the available exchange rates at the time of posting of the story. So the team is not responsible for any inaccuracy of the data.

  • Exchange rate: buying, selling of US Dollar in rupee on July 14

    Exchange rate: buying, selling of US Dollar in rupee on July 14

    KARACHI: Following are the rates of buying and selling of one US dollar (USD) in Pakistani Rupee (PKR) in open market on July 14, 2021:

    Buying: Rs 159.20 to the dollar

    Selling: Rs 159.90 to the dollar

    Today’s USD to PKR (Dollar Price in Pakistan Rupee 2021) exchange rate has been given here. All rates are updated every hour to offer you the best US Dollar to Pakistani Rupee.

    The US Dollar / Rupee PKR parity depends on open market rates which are set by the market forces on the basis of demand of the foreign currency.

    Disclaimer: Team PKRevenue.com provides the available rates of open market, which are subject to change every hour. Team PKRevenue.com provides the available exchange rates at the time of posting of the story. So the team is not responsible for any inaccuracy of the data.

  • Withholding tax up to 30% to be collected on profit from national saving schemes

    Withholding tax up to 30% to be collected on profit from national saving schemes

    A significant alteration to the income tax rate on profits from national saving schemes has been introduced through the Finance Act, 2021. As of July 01, 2021, individuals not listed on the Active Taxpayers List (ATL) are now subject to a 30% withholding income tax rate on profits earned from saving schemes.

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  • Annual Return Filing: What information is required for tax registration?

    Annual Return Filing: What information is required for tax registration?

    The tax registration is key for filing income tax rates. The taxpayers should know about the required information for the tax registration.

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