Lahore, March 30, 2024 – In a compelling call to action, Prime Minister Muhammad Shehbaz Sharif has rallied his cabinet members to swiftly embark on the journey towards achieving the ambitious targets outlined in a comprehensive five-year roadmap.
(more…)Category: Top stories
Top stories featuring the most important and trending news updates from politics, business, world affairs, and breaking events across various sectors.
-
FBR Issues SRO to Implement Tax Scheme for Small Traders and Shopkeepers
Karachi, March 30, 2024 – The Federal Board of Revenue (FBR) has taken a significant step towards facilitating small traders and shopkeepers with the issuance of SRO 457(I)/2024 to implement the Tajir Dost (Special) Procedure, 2024.
(more…) -
Pakistan’s Weekly Sensitive Price Indicator Surges 29.41% YoY
Islamabad, March 29, 2024 – Pakistan’s weekly Sensitive Price Indicator (SPI) witnessed a substantial surge of 29.41 percent year on year (YoY) basis as of March 28, 2024, according to official data released by the Pakistan Bureau of Statistics (PBS) on Friday.
(more…) -
Gold Reaches Rs 234,800, Nears All-Time High in Pakistan
Karachi, March 29, 2024 – The gold market in Pakistan witnessed a significant surge, with prices soaring to Rs 234,800 per Tola, edging closer to the all-time high of Rs 240,000 per Tola set on May 10, 2023.
(more…) -
SBP Extends Deadline for Import of Cash Dollars till June 30
Karachi, March 29, 2024 – The State Bank of Pakistan (SBP) has announced an extension to the deadline for the import of Cash US Dollars by exchange companies.
(more…) -
LTO Karachi Achieves Historic Rs 13 Billion Single Tax Recovery
Karachi, March 28, 2024 – In a historic milestone for the Federal Board of Revenue (FBR), the Large Taxpayers Office (LTO) Karachi made biggest-ever tax recovery, amounting to approximately Rs 13 billion, from a taxpayer for defaulting on advance tax payments.
(more…) -
KSE-100 Index Hits New High at 67,142 Points in Upward Trend
Karachi, March 28, 2024 – The benchmark KSE-100 index of the Pakistan Stock Exchange (PSX) soared to a historic high, reaching 67,142 points, as the market continued its upward trajectory, reflecting strong investor sentiment and positive economic indicators.
(more…) -
SBP Grants Waiver of Biometric for Asaan Mobile Accounts
Karachi, March 28, 2024 – In a bid to enhance financial inclusivity and streamline digital banking processes, the State Bank of Pakistan (SBP) announced on Thursday a temporary waiver of biometric verification for Asaan Mobile Accounts (AMAs), marking a significant move towards facilitating easier access to financial services, particularly for women.
(more…) -
Profit Repatriation by Foreign Investors Surges 237% in 8MFY24
Karachi, March 27, 2024 – The repatriation of profit and dividends by foreign investors operating in Pakistan has witnessed a remarkable surge, soaring by 237 percent during the first eight months (July – February) of the fiscal year 2023-24, according to official data released on Wednesday.
(more…) -
FBR Declares Full Weekend Revenue Operations for March
Karachi, March 27, 2024 – In a move aimed at bolstering revenue collection efforts, the Federal Board of Revenue (FBR) has declared full working days during the last weekend of March 2024, suspending the usual observance of weekly holidays.
(more…)