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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Top stories featuring the most important and trending news updates from politics, business, world affairs, and breaking events across various sectors.
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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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Pakistan massively increases petroleum prices effective from February 16
ISLAMABAD: Pakistan on Wednesday announcement massive increase in petroleum prices effective from February 16, 2023.
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Salient features of mini budget or Finance Supplementary Bill 2023
KARACHI: Following are Salient features of mini budget or Finance Supplementary Bill, 2023 presented by Finance Minister Ishaq Dar in the National Assembly on Wednesday.
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Finance ministry announces salary increase, promotions of government employees
ISLAMABAD: The Finance Ministry on Wednesday announced special incentives for federal government employees in grade-01 to grade-15.
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Pakistan presents mini budget to comply with IMF conditions
ISLAMABAD: Pakistan on Wednesday presented a mini budget at the National Assembly in order to comply with the conditions of International Monetary Fund (IMF).
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Rupee appreciates to PKR 265.38 against dollar in interbank
KARACHI: Pakistani Rupee (PKR) on Wednesday appreciated to PKR 265.38 to the dollar in the interbank foreign exchange market.
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Cabinet okays Finance Supplementary Bill 2023; sales tax rate goes up to 18 per cent
ISLAMABAD: The federal cabinet on Tuesday approved the Finance Supplementary Bill 2023 allowing increase in general sales tax to 18 per cent and additional taxes on luxury items as part of the reforms related to the International Monetary Fund’s Ninth Review.
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