Karachi, October 30, 2023 – Analysts at Insight Research anticipate that Pakistan’s headline inflation is likely to ease to 26.57 percent in October 2023.
(more…)Author: Shahnawaz Akhter
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Dollar Dominates Against Pakistani Rupee for Sixth Consecutive Session, Reaching PKR 280.95
Karachi, October 30, 2023 – The US dollar maintained its dominance for the sixth consecutive session against the Pakistani Rupee (PKR), closing at PKR 280.95.
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Lahore Tax Bar Demands One-Month Extension in Return Filing Deadline
Lahore, October 30, 2023 – The Lahore Tax Bar Association (LTBA) has formally called for a one-month extension in the return filing deadline and voiced concerns over issues plaguing the online portal for income tax return filing.
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Active Taxpayers List in Pakistan Reaches Record 4.98 Million
Karachi, October 30, 2023 –Active Taxpayers List (ATL) in Pakistan has reached a historic high of 4.98 million taxpayers as of October 29, 2023, according to official data released by the Federal Board of Revenue (FBR).
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Pakistan Banks Witness Remarkable 95% Profit Growth in Third Quarter of 2023
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.
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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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