Karachi, October 30, 2023 – Pakistan banks have experienced an astounding 95 percent growth in profit on a year-on-year (YoY) basis during the third quarter of 2023.
(more…)Author: Shahnawaz Akhter
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FPCCI Requests 15-Day Extension in Tax Return Filing Deadline
Karachi, October 29, 2023 – The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has made a formal request for an additional 15-day extension to the deadline for filing income tax returns.
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Multan Tax Bar Demands Extension of Tax Return Filing Deadline until November 30, 2023
Karachi, October 29, 2023 – The Multan Tax Bar Association (MTBA) has officially called upon the tax authorities to extend the deadline for filing income tax returns for the tax year 2023 until November 30, 2023.
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Non-filers Face Disconnection of Mobile and Electricity Services After October 31, 2023
Karachi, October 29, 2023 – Non-filers of income tax returns in Pakistan are on the brink of losing their mobile phone and electricity connections after the looming deadline of October 31, 2023.
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Pakistani Rupee May Recover Against Dollar Next Week Starting from October 30
Karachi, October 29, 2023 – The Pakistani Rupee (PKR) is expected to make a recovery against the US dollar in the upcoming week commencing from October 30, 2023.
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State Bank of Pakistan to Unveil Monetary Policy Decision on October 30, 2023
Karachi, October 29, 2023 – The State Bank of Pakistan (SBP) is gearing up to make a pivotal announcement on its monetary policy, set to take place on October 30, 2023.
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FPCCI Expresses Concern Over Gas Tariff Hike, Anticipates Impact on 4.3 Million Consumers
Karachi, October 28, 2023 – The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has voiced its concern regarding the impending gas tariff hike and highlighted the potential adverse effects on a substantial number of consumers, estimated at around 4.3 million.
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Minister Assures Industry of Bringing Down Gas Tariff to Boost Economic Environment
KARACHI: The Caretaker Federal Minister for Energy, Power, and Petroleum, Muhammad Ali, has offered a ray of hope to the industry by assuring them of efforts to reduce the gas tariff, aiming to provide a more conducive environment for economic growth.
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Use of RMB for Cross-Border Settlement to Bolster Pakistan-China Trade Ties
Karachi, October 27, 2023 – The State Bank of Pakistan (SBP) has announced that the utilization of the Chinese Renminbi (RMB) for cross-border settlements will bolster bilateral ties between Pakistan and China.
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FBR Declares Saturday Normal Working Day to Boost Revenue Collection
Karachi, October 27, 2023 – In a strategic move aimed at enhancing revenue collection, the Federal Board of Revenue (FBR) has announced Saturday, October 28, 2023, as a regular working day.
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