KARACHI: The equity market made gains on Monday amid selling was sent in shares of banking sector, analysts said.
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Rupee appreciates against US dollar
The Pakistani Rupee exhibited resilience in the interbank foreign exchange market on Monday, appreciating by another three paisas against the US Dollar.
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Engro Vopak takes steps for women empowerment
KARACHI: Engro Vopak Terminal Limited in partnership with CIRCLE Women, a social enterprise focused on women’s economic empowerment, held Tech Karo’s Closing Ceremony on Monday, at the Karachi School of Business and Leadership.
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Rupee gains in early trading
In a positive turn of events for the Pakistani economy, the Pak Rupee gained three paisas against the US dollar in the interbank market during early trading on Monday.
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Auction of 26 luxury vehicles of PM House on Jan 28
ISLAMABAD: An auction of luxury vehicles of the Prime Minister House will be held on January 28, 2019 at the Islamabad Dry Port, according to a notification.
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Reform package exempts withholding tax for rupee accounts receiving foreign remittances
KARACHI: The new reform package has allowed exemption from collection of withholding tax on cash withdrawals from a bank account maintained in local currency where deposits are made through foreign remittances.
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PIA starts monitoring of free tickets
KARACHI – Pakistan International Airlines (PIA) has initiated a comprehensive monitoring system for non-revenue passengers and government agency officials traveling on 100 percent free tickets, according to a recent notification issued by the national flag carrier.
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Bill proposes valuation in US Dollar for imported mobile phones to collect smart phone levy
KARACHI – The Finance Supplementary (Second Amendment), 2019 has introduced a proposed overhaul in the valuation and levy structure for imported mobile phones, shifting from Pakistani Rupees to US Dollars.
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