Ms. Zubaida Jalal, the Federal Minister for Defence Production, has called on the Securities and Exchange Commission of Pakistan (SECP) to review its guidelines pertaining to Corporate Social Responsibility (CSR) for the business sector, aligning them with the United Nations’ Sustainable Development Goals (SDGs) for 2030.
(more…)Author: Mrs. Anjum Shahnawaz
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Equity market witnesses buying on rating reports
The equity market of Pakistan Stock Exchange (PSX) experienced a day of mixed trading activities, marked by buying and selling patterns, following the news of Fitch Ratings downgrading Pakistan’s rating. The benchmark KSE-100 index closed at 40,264 points, exhibiting a slight decline of 24 points compared to the previous day’s closing at 40,289 points.
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Rupee ends with gain against dollar on foreign inflows
Rupee has ended with a gain of 11 paisas against the dollar on Friday amid foreign inflows received from Saudi Arabia and United Arab Emirates (UAE).
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FBR invites customs related budget proposals for 2019/2020
The Federal Board of Revenue (FBR) has invited customs related budget proposals for fiscal year 2019/2020.
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Rs6.8 billion revenue loss estimated on implementation of reform package: FBR
An amount of Rs6.8 billion as revenue loss has been estimated on implementation of reform package by the Federal Board of Revenue (FBR).
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Rupee eases in early trade
Rupee eases in early trade against the dollar on Friday owing to rising demand for import and corporate demand.
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FED rates revised for locally manufactured, imported vehicles
Federal Excise Duty (FED) rates have been revised for locally manufactured and imported vehicles through the Finance Supplementary (Second Amendment) Bill, 2019.
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Sales tax rates revised for imported mobile phones
Sales tax rates have been revised for imported mobile phones. The new tax rates will also apply on local supply as well as registration of IMEI.
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SBP’s forex reserves deplete by $265 million
SBP’s forex reserves have depleted by $265 million to reach $6.636 billion, according to official data released on Thursday.
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Stock market remains buoyant on reform package
Stock market has remained buoyant on reform package and made notable gain of 231 points to reach 40,289 points.
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