Jul 11

President Approves Ad hoc Relief Allowance for Govt Employees

Islamabad, July 11, 2024 – The President of Pakistan has sanctioned an Ad hoc Relief Allowance for government employees, effective from July 1, 2024. This initiative, announced by the Finance Division, will benefit federal government employees, including Armed Forces personnel, Civil Armed Forces, Civil Employees, and civilians paid from defense estimates, encompassing contingent paid staff […]

by Mrs. Anjum Shahnawaz

Gold Prices Climb by Rs 600 in Karachi Amid Global Trends

Jul 10

Exclusive

Gold Prices Climb by Rs 600 in Karachi Amid Global Trends

Karachi, July 10, 2024 – Gold prices surged by Rs 600 on Wednesday in the Karachi bullion market, mirroring trends in the international markets.

by Hamza Shahnawaz

Pakistan Clinch Volleyball Series Against Australia

May 29

Exclusive

Pakistan Clinch Volleyball Series Against Australia

PkRevenue.com – Pakistan triumphed in the Sarsabz Volleyball Series 2024, securing the series against Australia with a decisive victory in the second match held at the Liaquat Gymnasium of Pakistan Sports Complex on Wednesday.

by Faisal Shahnawaz

Messi Delivers Record Five Assists in Inter Miami’s 6-1 Victory

May 5

Exclusive

Messi Delivers Record Five Assists in Inter Miami’s 6-1 Victory

Lionel Messi orchestrated a football masterclass, setting a new Major League Soccer (MLS) record by delivering five assists in a single match, propelling Inter Miami to a dominant 6-1 victory over New York Red Bulls at Chase Stadium on Saturday.

by Faisal Shahnawaz

Nadal Triumphs Over De Minaur in Madrid Open

Apr 28

Exclusive

Nadal Triumphs Over De Minaur in Madrid Open

Rafael Nadal, the Spanish tennis legend, marked a significant return to form at the Mutua Madrid Open by defeating Australian player Alex de Minaur with scores of 7-6 (6), 6-3 in a gripping second-round match.

by Faisal Shahnawaz

Sep 19

Exclusive, Sports

Pakistani Footballers Face Financial Struggles Ahead of FIFA World Cup 2026 Qualifier

As the pivotal FIFA Men’s World Cup 2026 Qualifier against Cambodia looms in October, Pakistani footballers find themselves grappling with significant financial challenges. These financial hurdles have become a growing cause for concern within the sports community.

by Patrick Sunny

LTO Karachi hopes to achieve revenue collection target for 2022-2023

May 7

Exclusive, Taxation

LTO Karachi hopes to achieve revenue collection target for 2022-2023

The Federal Board of Revenue (FBR) has recently appointed Sajidullah Siddiqui, a senior BS-21 officer, as the Chief Commissioner Inland Revenue of Large Taxpayers Office (LTO) Karachi.

by Faisal Shahnawaz

SBP imposes Rs1.45 billion penalty on 18 banks in 2021

Feb 11

Exclusive, Money & Banking, Top stories

SBP imposes Rs1.45 billion penalty on 18 banks in 2021

KARACHI: The State Bank of Pakistan (SBP) has imposed Rs1.45 billion as monetary penalty on 18 financial institutions for violating regulatory provisions during the year ended December 31, 2021. According to data compiled by PkRevenue.com related to significant action taken during the year 2021, the SBP imposed Rs1.45 billion as monetary penalty on 18 financial […]

by Faisal Shahnawaz

Incentives approved for exchange companies on dollar surrender

Jan 1

Exclusive, Money & Banking

Incentives approved for exchange companies on dollar surrender

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet on Friday approved incentive program for exchange companies on surrendering dollars in interbank.

by Mrs. Anjum Shahnawaz

Sales tax collection from textile sector jumps six-fold

Oct 4

Exclusive, Taxation

Sales tax collection from textile sector jumps six-fold

ISLAMABAD: The collection of sales tax from textile sector registered a six-fold increase in fiscal year 2019/2020 owing to elimination of zero-rated tax regime. According to official statistics released by Federal Board of Revenue (FBR) the sales tax collection from textile sectors sharply increased to Rs61.2 billion during fiscal year 2019/2020 as compared with Rs8.7 […]

by Mrs. Anjum Shahnawaz