PkRevenue.com — Pakistan’s foreign exchange reserves witnessed a decline of $99 million during the week ending May 31, 2024, according to a statement released by the State Bank of Pakistan (SBP) on Thursday.
(more…)Author: Shahnawaz Akhter
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ICAP Proposes Anti-Smuggling Measures for Afghan Transit Trade
PkRevenue.com – The Institute of Chartered Accountants of Pakistan (ICAP) has called for stricter measures to address rampant smuggling plaguing the Afghan Transit Trade (ATT).
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ICAP Unveils Measures to Secure CPEC from Smuggling Woes
PkRevenue.com – The Institute of Chartered Accountants of Pakistan (ICAP) has proposed a series of measures to be incorporated in the upcoming budget for 2024-25.
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UNISAME Pushes for Stronger SMEDA to Empower SMEs
PkRevenue.com – The Union of Small and Medium Enterprises (UNISAME) has called on the government to empower the Small and Medium Enterprises Development Authority (SMEDA) to effectively address the issues facing the SME sector.
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Pakistan Stock Braces for Potential Tax Hike in 2024-25 Budget
PkRevenue.com – Pakistan stock market is jittery over rumors of an increase in capital gains tax (CGT) and dividend tax in the upcoming budget.
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Sarim Burney Arrested on Human Trafficking Charges
PkRevenue.com – Sarim Burney, a well-known social activist and chairman of the Sarim Burney Welfare Trust, was arrested by the Anti-Human Trafficking Police upon his arrival in Karachi from the United States.
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FBR Proposes Reduction of Sales Tax Exemptions in Budget
PkRevenue.com – In a significant development ahead of the federal budget for 2024-25, Tax Managers from the Federal Board of Revenue (FBR) have put forward a recommendation to curtail sales tax exemptions.
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FPCCI Demands Lower Interest Rates and Power Tariff
PkRevenue.com – The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has urged the government to reduce interest rates and electricity tariffs to revive the country’s struggling industrial sector.
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IRS Officers Association Elects Office Bearers for Term 2024-26
PkRevenue.com – The Association of Inland Revenue Service (IRS) Officers has elected new office bearers for the term 2024-26. The election, held on Wednesday, saw a robust participation from members, resulting in the election of a dynamic leadership team to steer the association forward.
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KCCI Appeals to PM, Army Chief to Address Karachi Target Killings
PkRevenue.com – The President of the Karachi Chamber of Commerce & Industry (KCCI), Iftikhar Ahmed Sheikh, has voiced grave concerns over the escalating incidents of target killings in Karachi.
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