Pakistan Revenue
KARACHI: Prime Minister Imran Khan paid rich tribute to Overseas Pakistanis for their overwhelming response to the Roshan Digital Account (RDA). He said their support and vote of confidence have been pivotal in making the initiative a big success within a short period of time, according to a press release issued by State Bank of […]
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KARACHI: The foreign exchange reserves of the country increased by $307 million to $23.52 billion by week ended April 23, 2021, State Bank of Pakistan (SBP) said on Thursday. The foreign exchange reserves of the country were at $23.213 billion by week ended April 16, 2021. The foreign exchange reserves of the central bank increased […]
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KARACHI: The stock market fell by 196 points on Thursday owing to selling observed during the day. The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) closed at 44,863 points as against last day’s closing of 45,059 points, showing a decline of 196 points. Analysts at Arif Habib Limited said that the market declined further […]
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KARACHI: The Pak Rupee gained 26 paisas against the dollar on Thursday owing to improved economic indicators and suspension of loan repayment for Pakistan. The rupee ended Rs153.62 to the dollar from previous day’s closing of Rs153.88 in the interbank foreign exchange market. Currency experts said that market was remained optimistic owing to current account […]
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KARACHI – Tax practitioners gathered at a pre-budget seminar organized by the Karachi Tax Bar Association (KTBA) have urged the government to consider reducing the corporate tax rate to 25 percent in the upcoming budget for 2021/2022.
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KARACHI: Tax practitioners have advised the Federal Board of Revenue (FBR) to examine withholding statements and extract information of persons not paying taxes and not filing their annual returns. The members of Karachi Tax Bar Association (KTBA) in their pre-budget 2021/2022 seminar urged the FBR for mining of its database to identify new taxpayers & […]
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KARACHI: Pakistan Stock Exchange (PSX) on Wednesday issued new timings of trading and office of the exchange effective from Thursday April 29, 2021. In a notification the exchange said that in line with the decision of National Command and Operation Center (NCOC) regarding the COVID-19 situation and subsequent reduction in banking hours by the State […]
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KARACHI: The equity market recorded a decline of 234 points on Wednesday while trading in range bound during the day. The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) closed at 45,059 points as against previous day’s closing of 455,293 points, showing a decline of 234 points. Analysts at Arif Habib Limited said that the […]
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KARACHI: State Bank of Pakistan (SBP) on Wednesday revised the office and public dealing hours of banks. The SBP said that in line with the decision of National Command & Operation Centre (NCOC) to contain the spread of COVID-19, the SBP will observe the following office hours, which will also be followed by all banks […]
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KARACHI: The Pak Rupee made a recovery of 62 paisas against the dollar on Wednesday after depreciating the value for seven consecutive trading sessions. The rupee ended Rs153.88 to the dollar from previous day’s closing of Rs154.50 in the interbank foreign exchange market. The latest recovery in the local unit was seen after a continuous […]
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