Pkrevenue.com

Author: Faisal Shahnawaz

  • Dogecoin to Pak Rupee on July 02, 2022

    Dogecoin to Pak Rupee on July 02, 2022

    KARACHI: The exchange rate of Dogecoin (DOGE) in Pak Rupee (PKR) is Rs13.50 on July 02, 2022 at 10:02 AM Pakistan Standard Time (PST), in the open exchange market. The rate of Dogecoin has been calculated and compared with the rate Rs13.51 at closing on July 01, 2022.

    The rate of Dogecoin in US Dollar (USD) is $0.07 on July 02, 2022 at 10:02 AM 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 01, 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 01, 2022

  • SRB collects Rs153.5 billion tax in FY22

    SRB collects Rs153.5 billion tax in FY22

    KARACHI: The Sindh Revenue Board (SRB) has collected Rs153.5 billion tax for the fiscal year 2021-22. The growth of collection stands at 20% from the last year’s collection of Rs128.1 billion.

    SRB collected the excess amount of Rs3.5 billion as the assigned target was collection of Rs150 billion

    READ MORE: SRB collects Rs132 billion as services tax in 11 months

    The said amount comprises of Rs145.3 billion collected under the head of Sindh Sales Tax on Services whereas Rs8.2 billion under the Sindh Workers Welfare Fund / Sindh Workers Profit Participation Fund.

    Thus, SRB exceeded the assigned target of Rs150 billion by Rs3.5 billion. Moreover, the growth over last year’s collection of Rs128.1 billion stands at 20%.

    READ MORE: Sindh integrates 56 restaurants for online tax monitoring

    The growth achieved by SRB is significant keeping in the view the fact that in the year 2021-22 no amnesty scheme was announced in order to establish a robust culture of tax compliance. Whereas in the past such schemes resulted in an additional revenue of approx. 2 to 3 billion.

    READ MORE: Tax officials barred from direct freezing bank accounts

    The Chairman Sindh Revenue Board appreciated the exemplary performance shown SRB employees, the cooperation extended by the taxpayers their representatives bodies and the unabated support of the Chief Minister and Government of Sindh.

    READ MORE: SRB implements verification system for utility invoices

  • LTO Karachi surpasses FY22 collection target

    LTO Karachi surpasses FY22 collection target

    KARACHI: Large Taxpayers’ Office (LTO) Karachi surpasses the target of revenue collection of Rs.1,595 billion during the fiscal year 2021-2022.

    The LTO, Karachi has collected Rs.146 billion excess amount, as it was assigned the target of Rs.1,449 billion for the fiscal year 2021-2022.

    READ MORE: LTO Karachi collects Rs1.4 trillion July – May

    The LTO Karachi has also surpassed the budgetary target fixed at Rs.170 billion during the month June 2022, by collecting a massive amount of Rs.196 billion in all taxes.

    Large Taxpayers Office, Karachi has shown remarkable achievement by collecting Revenue at Rs.1,595 billion in all taxes during the period July 2021 – June 2022 as against Rs.1,124 billion collected previous year showing an overall growth of 42 percent vis-à-vis overall collection made during the same period last year.

    READ MORE: LTO Karachi posts 41% collection growth in 10 months

    Overall budget target assigned to LTO Karachi by the Federal Government for the period July 2021 to July 2022 was Rs.1,449 billion against which LTO Karachi has achieved Rs.1,595 billion which is Rs.146 billion in excess of the assigned target.

    During the month of June 2022, Large Taxpayers Office, Karachi (Federal Board of Revenue) has also surpassed budgetary target fixed at Rs.170 billion by collecting gigantic Rs.196 billion (all taxes) against the target fixed by the Government.

    READ MORE: LTO Karachi surpasses Rs1 trillion mark in 8MFY22

  • Bitcoin to Pak Rupee on July 01, 2022

    Bitcoin to Pak Rupee on July 01, 2022

    KARACHI: The exchange rate of Bitcoin (BTC) in Pak Rupee (PKR) is Rs3,998,901.31 on July 01, 2022 at 01:39 PM Pakistan Standard Time (PST), in the open exchange market. The rate of Bitcoin has been calculated and compared with the rate Rs4,127,840.77 at closing on June 30, 2022.

    The rate of Bitcoin in US Dollar (USD) is $19,601.90 on July 01, 2022 at 01:39 PM Pakistan Standard Time (PST) in the open exchange market. The rate of Bitcoin has been calculated and compared with the rate $19,988.04 at closing on June 30, 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 June 30, 2022

  • Ripple to Pak Rupee on July 01, 2022

    Ripple to Pak Rupee on July 01, 2022

    KARACHI: The exchange rate of Ripple (XRP) in Pak Rupee (PKR) is Rs64.96 on July 01, 2022 at 01:34 PM Pakistan Standard Time (PST), in the open exchange market. The rate of Ripple has been calculated and compared with the rate Rs67.36 at closing on June 30, 2022.

    The rate of Ripple in US Dollar (USD) is $0.32 on July 01, 2022 at 01:34 PM Pakistan Standard Time (PST), in the open exchange market. The rate of Ripple has been calculated and compared with the rate of $0.33 at closing on June 30, 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 June 30, 2022

  • Dogecoin to Pak Rupee on July 01, 2022

    Dogecoin to Pak Rupee on July 01, 2022

    KARACHI: The exchange rate of Dogecoin (DOGE) in Pak Rupee (PKR) is Rs13.51 on July 01, 2022 at 01:27 PM Pakistan Standard Time (PST), in the open exchange market. The rate of Dogecoin has been calculated and compared with the rate Rs13.84 at closing on June 30, 2022.

    The rate of Dogecoin in US Dollar (USD) is $0.07 on July 01, 2022 at 01:27 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 June 30, 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 June 30, 2022

  • SBP issues KIBOR rates – June 30, 2022

    SBP issues KIBOR rates – June 30, 2022

    KARACHI: State Bank of Pakistan (SBP) on Thursday issued the Karachi Interbank Offered Rates (KIBOR) as on June 30, 2022.

    Following are the latest KIBOR rates:

     TenorBIDOFFER
    1 – Week13.3013.80
    2 – Week13.5314.03
    1 – Month13.6614.16
    3 – Month14.9115.16
    6 – Month15.1015.35
    9 – Month15.1515.65
    1 – Year15.2315.73

    READ MORE: SBP issues KIBOR rates – June 29, 2022

  • Rupee plunges 30% to dollar in fiscal year 2021-2022

    Rupee plunges 30% to dollar in fiscal year 2021-2022

    KARACHI: The Pak Rupee (PKR) has recorded a massive decline of 30 per cent against the dollar during fiscal year 2021/2022, according to data made available to PkRevenue.com on Thursday.

    (more…)
  • SBP’s customer forex rates – June 30, 2022

    SBP’s customer forex rates – June 30, 2022

    KARACHI: The State Bank of Pakistan (SBP) has published the foreign exchange rates for customers on June 30, 2022.

    (more…)
  • Bitcoin to Pak Rupee on June 30, 2022

    Bitcoin to Pak Rupee on June 30, 2022

    KARACHI: The exchange rate of Bitcoin (BTC) in Pak Rupee (PKR) is Rs4,127,840.77 on June 30, 2022 at 12:21 PM Pakistan Standard Time (PST), in the open exchange market. The rate of Bitcoin has been calculated and compared with the rate Rs4,204,398.58 at closing on June 29, 2022.

    The rate of Bitcoin in US Dollar (USD) is $19,988.04 on June 30, 2022 at 12:21 PM Pakistan Standard Time (PST) in the open exchange market. The rate of Bitcoin has been calculated and compared with the rate $20,321.30 at closing on June 29, 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 June 29, 2022