Pakistan experienced a substantial decline of 90 percent in net foreign investment during the first ten months of the current fiscal year 2022-2023, as indicated by data released by the State Bank of Pakistan (SBP) on Tuesday.
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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.
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Pakistan’s current account deficit narrows by 76% in 10MFY23, boosting economic outlook
Pakistan’s current account deficit has witnessed a significant reduction of 76 percent during the first ten months of the current fiscal year 2022-2023, according to the State Bank of Pakistan (SBP).
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Pakistan announces big relief in petroleum prices effective from May 16, 2023
Pakistan on Monday made a significant announcement on Monday regarding the reduction in petroleum prices, aiming to provide relief to the citizens.
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FBR publishes names of 3.67 million active taxpayers for TY2022
ISLAMABAD – The Federal Board of Revenue (FBR) Monday released the names of 3.67 million active taxpayers who have successfully filed their annual returns for the tax year 2022.
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Foreign investors urge Pakistan to abolish withholding tax on telecom services
Foreign investors operating in Pakistan are calling on the country to abolish the withholding tax on telecom services.
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Pakistan directs dealers to reduce car prices after regulatory duty removal
Pakistan has issued a stern warning to car dealers, urging them to reduce the prices of imported vehicles following the removal of regulatory duty.
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Pakistan set to announce petroleum prices for second half of May 2023
Pakistan is eagerly anticipating the announcement of new petroleum prices for the second half of May 2023, scheduled to be made on May 15.
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Rupee may stay stable against dollar after massive bloodbath
After going through very volatile sessions due to political unrest, the Pakistani Rupee (PKR) is likely to stay stable against the dollar during the next week starting May 15, 2023.
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Pakistani Rupee surges with historic single-day recovery of PKR 13.85 against dollar
The Pakistani Rupee (PKR) experienced a momentous rebound on Friday, recording a historic single-day recovery of PKR 13.85 against the dollar in the interbank foreign exchange market’s closing rates.
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Pakistan’s telecom sector faces billions in losses as internet suspension takes toll
Pakistan’s telecom sector has experienced a significant blow with financial losses amounting to Rs2.46 billion due to the suspension of broadband internet services over a three-day period.
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