Karachi: The Pakistani Rupee (PKR) exhibited resilience in the early hours of trading on Wednesday, gaining five paisas against the US Dollar (USD) in the wake of an eagerly anticipated economic incentive package set to be announced later today.
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Demolishing illegal buildings: Supreme Court gives one month to SBCA for submitting plan
Karachi: The Supreme Court of Pakistan (SCP) issued a significant directive on Tuesday, ordering the Sindh Building Control Authority (SBCA) to submit a comprehensive plan within one month for the demolition of illegally constructed buildings within the city.
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SRB suspends sales tax registration of seven event management service providers for non-filing
Karachi: The Sindh Revenue Board (SRB) has taken decisive action by suspending the sales tax registration of seven event management service providers due to their non-compliance with monthly return filing obligations.
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Cabinet meets tomorrow to approve export, investment package
Islamabad: Prime Minister Imran Khan is set to lead a special cabinet meeting scheduled for Wednesday at 2:00 PM. The meeting, which carries substantial implications for Pakistan’s economic landscape, is expected to grant approval to a comprehensive economic reform package, as reported by informed sources.
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PIA starts flight operation on three more routes
Karachi – In a bid to enhance air connectivity and offer more options to travelers in the region, Pakistan International Airlines (PIA) is set to commence additional flight operations on three key routes starting next month.
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Phone tax ban hampers sales tax collection: SRB chairman
KARACHI – The imposition of restrictions on sales tax collection for telephone services by the Supreme Court of Pakistan has had a detrimental impact on overall revenue collection, as stated by Khalid Mahmood, Chairman of the Sindh Revenue Board (SRB).
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Expected relief in mini-budget keeps equity market bullish
KARACHI – The Pakistan Stock Exchange (PSX) remained in a bullish mode on Tuesday as investors held optimistic expectations regarding the upcoming mini-budget or economic reform package.
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Rupee falls by 10 paisas on high import demand
KARACHI – The Pakistani Rupee witnessed a 10-paisa decline against the US Dollar on Tuesday, primarily driven by surging demand for imports and contract payments.
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Pakistan Oilfields’ profit jumps up by 66 percent in first half
KARACHI – Pakistan Oilfields Limited (POL) has reported a remarkable surge in net profit, with a substantial 66 percent increase for the six-month period ending on December 31, 2018.
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All Measures Will Be Taken Against Infiltration of Commodity Based Disease Into Pakistan: Quarantine Department
KARACHI – Dr. Falak Naz, the Director General (Quarantine) of the Department of Plant Protection (DPP), pledged to take all necessary measures to protect Pakistan from the infiltration of diseases through imported commodities.
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