The National Assembly Standing Committee on Finance Thursday directed the State Bank of Pakistan (SBP) to provide details of 600 people who were provided a $3 billion loan at zero interest rate by commercial banks during the pandemic.
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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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Country’s foreign exchange reserves slip to $9.76 billion: SBP
The State Bank of Pakistan (SBP) Thursday announced that the country’s foreign exchange reserves fell by $55 million to $9.76 billion by the week ending on March 31, 2023.
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FBR notifies promotions of IRS, PCS officers to BS-22
ISLAMABAD: Federal Board of Revenue (FBR) on Thursday notified promotions of officers to BS-22 from BS-21.
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Rupee rebounds significantly against dollar to end at PKR 284.42
Pakistani Rupee (PKR) significantly rebounded against the dollar on Thursday and regained PKR 3.43 against due to hopes of inflows from the International Monetary Fund (IMF).
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FBR reshuffles senior IRS officers amid action against wealthy taxpayers
The Federal Board of Revenue (FBR) Wednesday announced a significant reshuffle of officers within the Inland Revenue Service (IRS) at a time when the board is taking extensive action against wealthy taxpayers who are defaulting on their taxes.
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Pakistan nears to provide low-priced petrol
KARACHI: Pakistan has prepared working for provide low-priced petrol to lower-income group of the society, a minister said on Wednesday.
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Rupee hits fresh low at PKR 287.85 to dollar amid IMF inflow uncertainty
Amid uncertainty surrounding inflows from the International Monetary Fund (IMF), the Pakistani Rupee (PKR) hit a new record low of PKR 287.85 to the dollar on Wednesday.
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FBR plans increasing CGT rates, period on immovable properties
Federal Board of Revenue (FBR) is planning to increase capital gains tax (CGT) rates and period on immovable properties in order to discourage short-term buying and selling.
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World Bank paints bleak economic outlook for Pakistan; projects growth at 0.4%
The World Bank has painted a bleak economic outlook for Pakistan for the fiscal year 2023, with several factors contributing to the expected slow growth of only 0.4 percent.
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PM directs installing track, trace system at all cigarette manufacturing units
Prime Minister Muhammad Shehbaz Sharif has directed for the installation of a trace and track system in all cigarette manufacturing units of the country within the next two weeks to combat tax evasion.
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