KARACHI: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has said that manufacturing activities have been halted due to gas shortage in the country.
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KSE-100 index gains 270 points amid selling pressure
The benchmark KSE-100 index at the Pakistan Stock Exchange (PSX) demonstrated resilience by gaining 270 points on Tuesday, closing at 40,596 points compared to the previous day’s 40,326 points.
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Rupee gains two paisas amid foreign inflow hopes
The Pakistani Rupee (PKR) exhibited a marginal gain of two paisas against the US Dollar on Tuesday, closing at Rs138.92 in the interbank foreign exchange market.
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CDC launches electronic voting service for companies
The Central Depository Company (CDC) of Pakistan has taken a significant leap towards modernizing shareholder engagement with the launch of an electronic voting service.
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FBR notifies removal, reduction of RD on raw materials
ISLAMABAD: Federal Board of Revenue (FBR) on Tuesday notified elimination and reduction of regulatory duties on import of various raw materials used by manufacturing sector.
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Rupee recovers against dollar in early trading
The Pakistani Rupee (PKR) showed signs of resilience as it recovered six paisas against the US Dollar in early trading on Tuesday, marking a positive shift in the foreign exchange market, according to dealers.
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Registration of companies crosses 95,000: SECP
ISLAMABAD: Securities and Exchange Commission of Pakistan (SECP) has said that total registration of corporate registration has crossed over 95,000 units following 1,317 new registrations in January 2019.
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Income Tax Ordinance 2001: requirement of filing annual return
KARACHI: Federal Board of Revenue (FBR) has explained requirement of filing income tax returns by persons and corporate entities.
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FBR withdraws penalty on seven customs officials
In a significant development, the Federal Board of Revenue (FBR) has withdrawn penalties imposed on seven customs officials, in compliance with judgments from the Federal Service Tribunal (FST) and the Supreme Court of Pakistan.
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Car sales decline 3.2 percent in July – January
KARACHI: The car sales have declined by 3.2 percent during first seven months of current fiscal year despite higher prices owing to depreciation of rupee value.
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