Author: Faisal Shahnawaz

  • Ripple to Pak Rupee on July 04, 2022

    Ripple to Pak Rupee on July 04, 2022

    KARACHI: The exchange rate of Ripple (XRP) in Pak Rupee (PKR) is Rs65.63 on July 04, 2022 at 10:24 AM Pakistan Standard Time (PST), in the open exchange market. The rate of Ripple has been calculated and compared with the rate Rs63.86 at closing on July 03, 2022.

    The rate of Ripple in US Dollar (USD) is $0.32 on July 04, 2022 at 10:24 AM Pakistan Standard Time (PST), in the open exchange market. The rate of Ripple has been calculated and compared with the rate of $0.31 at closing on July 03, 2022.

    Disclaimer: All data and information are provided for informational purposes only. The data has not been provided for trading purposes or financial, investment, tax, legal, accounting, or other advice. In the case of trading, it is advised to consult your broker or financial representative to verify pricing before executing any trade. The exchange rate does not constitute investment advice. Further, it is not a recommendation to buy, sell or hold any security or financial product.

    READ MORE: Ripple to Pak Rupee on July 03, 2022

  • Dogecoin to Pak Rupee on July 04, 2022

    Dogecoin to Pak Rupee on July 04, 2022

    KARACHI: The exchange rate of Dogecoin (DOGE) in Pak Rupee (PKR) is Rs13.60 on July 04, 2022 at 10:18 AM Pakistan Standard Time (PST), in the open exchange market. The rate of Dogecoin has been calculated and compared with the rate Rs13.49 at closing on July 03, 2022.

    The rate of Dogecoin in US Dollar (USD) is $0.07 on July 04, 2022 at 10:18 PM Pakistan Standard Time (PST), in the open exchange market. The rate of Dogecoin has been calculated and compared with the rate $0.07 at closing on July 03, 2022.

    Disclaimer: All data and information are provided for informational purposes only. The data has not been provided for trading purposes or financial, investment, tax, legal, accounting, or other advice. In the case of trading, it is advised to consult your broker or financial representative to verify pricing before executing any trade. The exchange rate does not constitute investment advice. Further, it is not a recommendation to buy, sell or hold any security or financial product.

    READ MORE: Dogecoin to Pak Rupee on July 03, 2022

  • Bitcoin to Pak Rupee on July 03, 2022

    Bitcoin to Pak Rupee on July 03, 2022

    KARACHI: The exchange rate of Bitcoin (BTC) in Pak Rupee (PKR) is Rs3,911,751.72 on July 03, 2022 at 01:34 PM Pakistan Standard Time (PST), in the open exchange market. The rate of Bitcoin has been calculated and compared with the rate Rs3,909,852.89 at closing on July 02, 2022.

    The rate of Bitcoin in US Dollar (USD) is $19,121.71 on July 03, 2022 at 01:34 PM Pakistan Standard Time (PST) in the open exchange market. The rate of Bitcoin has been calculated and compared with the rate $19,112.43 at closing on July 02, 2022.

    Disclaimer: All data and information is provided for informational purposes only. The data has not been provided for trading purposes or financial, investment, tax, legal, accounting, or other advice. In the case of trading, it is advised to consult your broker or financial representative to verify pricing before executing any trade. The exchange rate does not constitute investment advice. Further, it is not a recommendation to buy, sell or hold any security or financial product.

    READ MORE: Bitcoin to Pak Rupee on July 02, 2022

  • Ripple to Pak Rupee on July 03, 2022

    Ripple to Pak Rupee on July 03, 2022

    KARACHI: The exchange rate of Ripple (XRP) in Pak Rupee (PKR) is Rs63.86 on July 03, 2022 at 01:29 PM Pakistan Standard Time (PST), in the open exchange market. The rate of Ripple has been calculated and compared with the rate Rs63.65 at closing on July 02, 2022.

    The rate of Ripple in US Dollar (USD) is $0.31 on July 03, 2022 at 01:30 PM Pakistan Standard Time (PST), in the open exchange market. The rate of Ripple has been calculated and compared with the rate of $0.31 at closing on July 02, 2022.

    Disclaimer: All data and information are provided for informational purposes only. The data has not been provided for trading purposes or financial, investment, tax, legal, accounting, or other advice. In the case of trading, it is advised to consult your broker or financial representative to verify pricing before executing any trade. The exchange rate does not constitute investment advice. Further, it is not a recommendation to buy, sell or hold any security or financial product.

    READ MORE: Ripple to Pak Rupee on July 02, 2022

  • Dogecoin to Pak Rupee on July 03, 2022

    Dogecoin to Pak Rupee on July 03, 2022

    KARACHI: The exchange rate of Dogecoin (DOGE) in Pak Rupee (PKR) is Rs13.49 on July 03, 2022 at 01:25 PM Pakistan Standard Time (PST), in the open exchange market. The rate of Dogecoin has been calculated and compared with the rate Rs13.50 at closing on July 02, 2022.

    The rate of Dogecoin in US Dollar (USD) is $0.07 on July 03, 2022 at 01:25 PM Pakistan Standard Time (PST), in the open exchange market. The rate of Dogecoin has been calculated and compared with the rate $0.07 at closing on July 02, 2022.

    Disclaimer: All data and information are provided for informational purposes only. The data has not been provided for trading purposes or financial, investment, tax, legal, accounting, or other advice. In the case of trading, it is advised to consult your broker or financial representative to verify pricing before executing any trade. The exchange rate does not constitute investment advice. Further, it is not a recommendation to buy, sell or hold any security or financial product.

    READ MORE: Dogecoin to Pak Rupee on July 02, 2022

  • Tampering PSW data to attract 4-year jail sentence

    Tampering PSW data to attract 4-year jail sentence

    KARACHI: About four years jail term has been prescribed for tempering data of Pakistan Single Window (PSW).

    According to Finance Act, 2022 certain amendments have been made to Customs Act, 1969 to prescribed fine and penalty for attempting to tamper or making unauthorized entry to the online data of PSW.

    According to the Finance Act, 2022:

    READ MORE: NA approves levy on petroleum products up to Rs50/liter

    Offence: If any person makes or attempts to make unauthorized access to information, data or personal details of registered user of Pakistan Single Window system or systems connected or ancillary thereto;

    Penalty: Imprisonment which may extend up to six months or with fine which may extend to one hundred thousand rupees or with both.

    Offence: If any person makes or attempts to make unauthorized copy, transmission or cause to transmit any data, information or detail in relations to Pakistan Single Window system or systems connected or ancillary thereto;

    READ MORE: All tax proposals of IT sector accepted: FBR

    Penalty: Imprisonment which may extend upto six months or with fine which may extend to one hundred thousand rupees or with both.

    Offence: If any person makes unauthorized interference, or attempt to interfere, damage or attempt to damage any part of whole of the Pakistan Single Window system or data or system connected to or ancillary thereto;

    Penalty: Imprisonment which may extend to three years or fine which may extend to five hundred thousand rupees or with both.

    Offence: If any person makes or attempts to make use of any information system, device or data to make any illegal claim or title or cause any person to part with property or to enter into any express or implied contract or intent to commit fraud by any input, alteration, deletion or suppression of data, resulting in unauthentic data with the intent that such data be considered or acted upon for legal purpose, as if it were authentic in relations to Pakistan Single Window system or Systems connected or ancillary thereto;

    READ MORE: Pakistan’s salaried class unhappy over new tax changes

    Penalty: Imprisonment which may extend to four years or fine which may extend to one million rupees or with both.

    Offence: If any person uses, makes, supplies, retains, obtains device, system or software for offences under section 13 of the Pakistan Single Window Act, 2021 (III of 2021);

    Penalty: Imprisonment which may extend to six months or with fine which may extend to one hundred thousand rupees or with both.

    Offence: If any person obtains, sells, process, uses or transmits another person’s Unique User Identifier or makes an attempt thereof without authorization;

    Penalty: Imprisonment which may extend to four years and fine which may extend to one million rupees or with both.

    READ MORE: Pakistan reduces salary tax slabs to 7 in budget 2022/23

    Offence: If any person tampers with or attempts to tamper with, alters, reprogrammes any Pakistan Single Window system or system connected or ancillary thereto for unauthorized use;

    Penalty: Imprisonment which may extend to four years and fine which may extend up to one million rupees or with both and any devices or systems used in offence shall be liable to confiscation.

    Offence: If any person writes, offers, makes available, distributes or transmits a malicious code or abets in the same, with intent to cause harm to Pakistan Single Window system or data resulting in or intending to result in corruption, destruction, alteration, suppression, theft or loss to the Pakistan Single Window system or data, or any attempt thereof.

    Penalty: Imprisonment for a term which may extend to four years and fine which may extend to five million rupees or with both.

  • Weekly Review: stocks to stay positive on improved forex reserves

    Weekly Review: stocks to stay positive on improved forex reserves

    KARACHI: Pakistan stocks likely to move in positive territory due to the $2.3 billion loan from China, which helped the State Bank of Pakistan (SBP) reserves to increase to $10 billion.

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  • Dealers threaten shutting down petrol pumps from July 18

    Dealers threaten shutting down petrol pumps from July 18

    KARACHI: Pakistan Petroleum Dealers Association (PPDA) on Saturday announced a complete shutdown of petrol pumps from July 18, 2022 in protest of rise in cost of doing business and falling dealers margin.

    READ MORE: NA approves levy on petroleum products up to Rs50/liter

    Abdul Sami Khan, Chairman, PPDA at a meeting discussed the current dealers margin, which were forcing petroleum dealers to shut down their business. The association demanded that the dealers margin should be enhanced to 6 per cent.

    Sami Khan said that due to high cost of electricity their profit margin declined drastically. Besides, massive hike in prices of petroleum products also affected their business adversely.

    READ MORE: New prices of petroleum products in Pakistan from July 01, 2022

    He further added, the protest shut down would continue till the demands were accepted. He said that fuel stations could not continue supply while sustaining continuous losses. At present the dealers are receiving margin after deduction of tax at Rs3.20 per liter on diesel and Rs3.90 on petrol per liter.

    READ MORE: Petroleum levy to generate Rs750 billion

    He also recalled the promise of increasing margin to 4.5 per cent given by the previous PTI government but due to increased prices of diesel and petrol, the PPDA is facing many problems in operating the fuel stations.

    The chairman threatened the present coalition government led by PML-N to close down the fuel stations if the demand of increasing margin to 6 per cent is not accepted.

    READ MORE: What are new petroleum prices in Pakistan?

  • Bitcoin to Pak Rupee on July 02, 2022

    Bitcoin to Pak Rupee on July 02, 2022

    KARACHI: The exchange rate of Bitcoin (BTC) in Pak Rupee (PKR) is Rs3,909,852.89 on July 02, 2022 at 10:15 AM Pakistan Standard Time (PST), in the open exchange market. The rate of Bitcoin has been calculated and compared with the rate Rs3,998,901.31 at closing on July 01, 2022.

    The rate of Bitcoin in US Dollar (USD) is $19,112.43 on July 02, 2022 at 10:15 AM Pakistan Standard Time (PST) in the open exchange market. The rate of Bitcoin has been calculated and compared with the rate $19,601.90 at closing on July 01, 2022.

    Disclaimer: All data and information is provided for informational purposes only. The data has not been provided for trading purposes or financial, investment, tax, legal, accounting, or other advice. In the case of trading, it is advised to consult your broker or financial representative to verify pricing before executing any trade. The exchange rate does not constitute investment advice. Further, it is not a recommendation to buy, sell or hold any security or financial product.

    READ MORE: Bitcoin to Pak Rupee on July 01, 2022

  • Ripple to Pak Rupee on July 02, 2022

    Ripple to Pak Rupee on July 02, 2022

    The exchange rate of Ripple (XRP), one of the leading cryptocurrencies in the global digital asset market, was recorded at Rs63.65 in terms of the Pakistani Rupee on the morning of July 2, 2022, at 10:09 AM Pakistan Standard Time (PST). This represents a slight decline when compared to the previous day’s closing rate of Rs64.96 on July 1, 2022.

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