Karachi, December 9, 2023 – The Pakistan stock market is anticipated to sustain its positive momentum into the next week, commencing December 11, 2023, according to analysts at Topline Securities Limited.
(more…)Category: Top stories
Find top stories in this section. Pakistan Revenue brings you the latest and most important news from Pakistan and around the world, keeping you informed with key updates and insights.
-
Foreign Remittances Witness 10% Drop to $11.05 Billion in 5MFY24
Karachi, December 8, 2023 – The State Bank of Pakistan (SBP) has reported a notable decline in foreign remittances, revealing a 10 percent drop to $11.05 billion during the initial five months (July – November) of the current fiscal year 2023-2024.
(more…) -
KSE-100 Index Climbs to New Peak of 66,224 Points in Unstoppable Bull Run
Karachi, December 8, 2023 – In a stunning display of market resilience, the benchmark KSE-100 index of the Pakistan Stock Exchange (PSX) soared to a new historic high of 66,224 points on December 8, 2023, continuing an unabated bull-run that has captured the attention of investors worldwide.
(more…) -
FBR Obligated to Release Final Income Tax Return Forms by January 31 for Tax Year 2024
Karachi, December 8, 2023 – The Federal Board of Revenue (FBR), acting within the parameters of tax legislation, is compelled to unveil the income tax return forms by January 31, 2024, for the impending tax year 2024.
(more…) -
FBR Restricts Retailers from Issuing Temporary Sales Tax Invoices via POS System
Karachi, December 7, 2023 – The Federal Board of Revenue (FBR) has implemented a directive preventing integrated retailers from issuing temporary sales tax invoices through the Point of Sale (POS) system.
(more…) -
Iran Unveils Ambitious Plans to Deepen Economic Ties with Pakistan
Karachi, December 7, 2023 – Hassan Nourian, the Consul General of the Islamic Republic of Iran, disclosed comprehensive plans to elevate economic collaboration with Pakistan during a meeting at the North Karachi Association of Trade & Industry (NKATI).
(more…) -
Pakistan Records $286 Million Decline in Weekly Foreign Exchange Reserves
Karachi, December 7, 2023 – Pakistan faced a significant setback in its economic indicators as it witnessed a substantial decline of $286 million in foreign exchange reserves for the week ending December 1, 2023.
(more…) -
Pakistan Stock Market Hits Record High of 64,718 Points in Bullish Rally
Karachi, December 7, 2023 – The Pakistan stock market experienced a historic milestone on Thursday as it soared to a new all-time high, reaching an impressive 64,718 points amid an ongoing bullish trading session.
(more…) -
Government Bank Borrowing Surges by 154% in Current Fiscal Year
Karachi, December 7, 2023 – The government’s borrowing from banks has witnessed a substantial increase, surging by 154 percent during the first four months of the current fiscal year.
(more…)
