Pakistan’s trade deficit narrows by 33.52 percent in July – October

ISLAMABAD: Pakistan’s trade deficit has narrowed by 33.52 percent during first four months (July – October) of current fiscal year owing to improving exports. Read more »

Rupee ends down by two paisas on import payment demand

KARACHI: The Pak Rupee ended down by two paisas against dollar on Thursday amid demand for import payment. Read more »

Honda Atlas Cars declares 50 percent drop in after tax profit

KARACHI: Honda Atlas Cars (Pakistan) Limited on Thursday announced 50 percent drop in net profit for the quarter ended September 30, 2019. Read more »

FBR, PBA to discuss, resolve access to bank accounts

KARACHI: Federal Board of Revenue (FBR) and Pakistan Bankers Association (PBA) will discuss and resolve the matter pertaining to information of bank account holders. Read more »

SBP penalizes HBL with Rs35.62 million for violating regulations

KARACHI: State Bank of Pakistan (SBP) has imposed an amount of Rs35.62 million as penalty on Habib Bank Limited (HBL) for violating foreign exchange regulation and customers due diligence. Read more »

Overseas Pakistanis send $7.48 billion in four months

KARACHI: Overseas Pakistanis have remitted $7.48 billion during first four months of current fiscal year, which is 1.8 percent lower when compared with $7.62 billion in the corresponding period of the last... Read more »

Stock market ends down by 38 points amid bearish trading activity

KARACHI: The stock market ended down by 38 points on Tuesday owing to bearing trend prevailed during the day. Read more »

FBR officials warned of disciplinary action for non-observance of office timings

ISLAMABAD: Federal Board of Revenue (FBR) on Tuesday warned of disciplinary action to its officers and officials for not observing office timing. Read more »

SBP amends instructions related to acquisition of services from abroad

KARACHI: State Bank of Pakistan (SBP) on Tuesday issued amendment to instructions regarding acquisition of services from abroad by Pakistani firms. Read more »

Rupee ends flat in lackluster trading

KARACHI: The Pak Rupee ended flat against dollar on Tuesday in lackluster trading activities, dealers said. Read more »

SBP facilitates manufacturers in import advance payment

KARACHI: State Bank of Pakistan (SBP) has facilitated manufacturing sector in advance import payment by making changes to regulatory regime. Read more »

Return filing hits new peak of 2.676 million on ATL conditions

ISLAMABAD: The condition of 100 percent higher withholding tax rates for persons not appearing on Active Taxpayers List (ATL) increased the income tax return filing for tax year 2018 to a new... Read more »