KARACHI: The federal government has borrowed an amount of Rs1.96 trillion from commercial banks during first eight months (July – March) 2022-2023 for budgetary support, State Bank of Pakistan (SBP) said on Thursday.
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FBR links tax refund payment to realization of export proceeds
ISLAMABAD: Federal Board of Revenue (FBR) on Thursday linked the issuance of refund payment to the realization of export proceeds.
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Pakistan’s weekly forex reserves move up by $93 million
KARACHI: Pakistan’s weekly foreign exchange reserves moved by $93 million by week ended March 10, 2023, central bank said on Thursday.
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Petroleum prices in Pakistan increased from March 16: Petrol goes up to Rs272
ISLAMABAD: Petroleum prices in Pakistan have been increased on Wednesday which are effective from Thursday March 16, 2023.
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FBR sets up committee for developing sales tax return filing portal
ISLAMABAD: Federal Board of Revenue (FBR) on Wednesday set up a committee for development and designing the single portal for filing of sales tax return at national level.
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SBP makes important announcement for withdrawn prize bonds
KARACHI: State Bank of Pakistan (SBP) on Wednesday made important announcement related to withdrawn prize bonds.
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FBR directed to examine sales tax deduction on computerized arms licenses
ISLAMABAD: Federal Board of Revenue (FBR) has been directed to examine chargeability of sales tax on computerized arms license in the form of cards.
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Banking deposits grow to historic high as SBP makes return attractive
KARACHI: Banking deposits have grown to historic high level of Rs 22.92 trillion by February 2023, according to data released by State Bank of Pakistan (SBP) a day earlier.
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Rupee registers another day of erosion; dollar ends at PKR 282.29
KARACHI: Pakistani Rupee (PKR) registered another day of erosion against the US dollar on Tuesday and ended at PKR 282.29 in interbank foreign exchange market.
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Petroleum prices in Pakistan may go up from March 16
ISLAMABAD: Petroleum price in Pakistan may go up from March 16, 2023 owing for significant depreciation in local currency.
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