KARACHI: The inflow of foreign direct investment (FDI) into Pakistan has plunged by 44 per cent during first seven months (July – January) of fiscal year 2022-2023, according to data released by central bank 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 gold import bill soars by 107 pc in 7MFY23
ISLAMABAD: Pakistan’s gold import bill soared by 107 per cent during first seven months (July – January) 2022-2023, according to data released by Pakistan Bureau of Statistics (PBS).
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Highest number of banking complaints filed against HBL in CY22
Aggrieved with banking services, customers have filed the highest number of complaints against Habib Bank Limited (HBL) – the largest bank in Pakistan – during the year 2022.
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FBR plans facilitation at taxpayers’ doorstep
ISLAMABAD: Federal Board of Revenue (FBR) has planned to provide facilitation at taxpayers’ doorstep through an IT enabled outreach program.
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Pakistan imports mobile phones worth Rs93 billion during seven months
Pakistan imports mobile phones worth Rs93 billion during first seven months (July – January) 2022-2023 amid challenging economic conditions.
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Prices of essential items soar by 38.42pc in Pakistan
ISLAMABAD: Prices of essential items have soared by 38.42 per cent by week ended February 16, 2023 on year on year (YoY) basis, official data revealed on Friday.
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PKR makes gain to dollar on hopes of IMF staff level agreement
KARACHI: Pakistani Rupee (PKR) gained against the dollar on Friday on expectations that the country will reach a staff level agreement with the International Monetary Fund (IMF).
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Experts question sales tax rate increase without Parliament approval
KARACHI: Federal Board of Revenue (FBR) has increased the sales tax rate to 18 per cent from 17 per cent through a notification issued on February 14, 2023, which has to be approved by the parliament.
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Foreign exchange reserves of Pakistan rise to $8.70 billion
KARACHI: Pakistan’s foreign exchange reserves have increased by $162 million to $8.70 billion by week ended February 10, 2023.
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Rupee continues upward journey; interbank ends at PKR 264.38 to dollar
KARACHI: Pakistani Rupee (PKR) continued its upward journey against the dollar on Thursday and ended at PKR 264.38 in the interbank foreign exchange market.
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