Pakistan Revenue
The share market saw a modest rise on Friday, with the benchmark KSE-100 index of Pakistan Stock Exchange (PSX) gaining 75 points. The index closed at 45,306 points, up from the previous day’s close of 45,230 points. This upward movement comes despite a significant reduction in trading volumes during the day.
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KARACHI: The Pak Rupee ended firmer against the dollar on Friday amid demand for import and corporate payments, dealers said.
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KARACHI: Value-added textile exporters have welcomed the decision of the Economic Coordination Committee (ECC) of the cabinet to remove customs duty on import of cotton and yarn. Value-Added Textile Exporters convey sincere gratitude and thanks to Prime Minister Imran Khan, Adviser Commerce Razak Dawood and Federal Cabinet on the ECC for according genuine consideration to […]
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KARACHI: The foreign exchange reserves of the country have increased by $2.54 billion to $23.22 billion by week ended April 09, 2021, State Bank of Pakistan (SBP) said on Thursday. The foreign exchange reserves of the country were at $20.679 billion by week ended April 02, 2021. The official foreign exchange reserves of the State […]
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KARACHI: The stock market fell by 81 points on Thursday in a range bound trading activity during the day. The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) closed at 45,230 points as compared with previous day’s close of 45,311 points, showing a decline of 81 points. Analysts at Topline Securities said that Pakistan equities […]
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KARACHI: State Bank of Pakistan (SBP) has issued instructions for opening accounts for raising funds through donations / contributions for Prime Minister’s Ehsaas Koye Bhooka Na Soye initiative. The SBP said that the Finance Division, Government of Pakistan, had notified establishment of the subject Fund under the Prime Minister’s Ehsaas Koye Bhooka Na Soye initiative, […]
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KARACHI: The Pak Rupee ended flat against the dollar on Thursday owing to lower demand for import and corporate payments. The rupee closed at Rs152.83 to the dollar from the same closing of April 13, 2021 in the interbank foreign exchange market. The banks were remained closed on April 14, 2021 for the Zakat deduction […]
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ISLAMABAD: Federal Board of Revenue (FBR) on Thursday reinstated six customs officials into services, who were suspended for violating government service rules. The following BS-16 officers of Model Customs Collectorate (Enforcement and Compliance), Peshawar, who were placed under suspension dated August 11, 2020 have been reinstated into services with immediate effect and until further orders: […]
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KARACHI: The National Assembly likely to adopt amendments to State Bank of Pakistan (SBP) Act by September 2021. This was assured by the Pakistani authorities to International Monetary Fund (IMF). The ministry of finance submitted the amendments to parliament in March 2021 and the authorities expect adoption by parliament by end-September 2021. The authorities assured […]
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KARACHI: Federal Board of Revenue (FBR) has collected Rs1.8 billion as advance tax on capital gains from sale of securities during first nine months of the current fiscal year. According to statistics made available on Thursday, the Large Taxpayers Office (LTO) Karachi collected Rs1.8 billion during July – March 2020/2021 as compared with Rs1.63 billion […]
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