June 26, 2022: The amended Finance Bill will incorporate some tangible measures to facilitate the exporters of IT and IT-enabled Services (ITeS). According to a statement issued by FBR, the sector has been
June 26, 2022: The Ministry of Planning Development & Special Initiatives is all set to host Turn Around Conference (TAC) with an objective of gathering the nation together to find solutions to the
June 26, 2022 (MLN): The latest weekly roundup covers the latest economic and financial data releases over the past week to keep an eye on next week's trends. The Weekly Sensitive Price Indicator
June 26, 2022: SBP welcomes the Federal Shariat Court’s Judgement of April 28, 2022 on Riba case, as has already been done by the Honorable Finance Minister. In particular, we appreciate the substantive
Market Data and Economic Indicators Weekly Performance 24-Jun-22 17-Jun-22 PKR InterBank 207.48 208.75 KSE100 Index 41,051.79 42,140.76 Avg Daily Volume 299,926,840 174,029,745 Gold (Karachi) Rs/10 gm 24 Kt 122,295 123,335 KIBOR
June 24, 2022: Mr. Shabbir Mansha, Acting President FPCCI has categorically denounced the imposition of a 10 percent super tax on large industries; which already pay hefty corporate tax of 29 percent and generate
June 24, 2022: Prime Minister Shehbaz Sharif on Friday directed that the ongoing development projects of water, electricity, and infrastructure in Gwadar should be completed in the stipulated time. He was presiding over
June 24, 2022: Federal Minister for Finance, Miftah Ismail on Friday said that the coalition government was working hard to enhance the production of electricity and would install 4,000-6,000 megawatts of solar energy
June 24, 2022 (MLN): To facilitate taxpayers in payment of duties and taxes, the Federal Board of Revenue (FBR) on Friday directed the all Large Tax Offices (LTOs), Medium Tax Office (MTO), Corporate
June 24, 2022 (MLN): The Cabinet Committee on Privatisation (CCoP) under the chairmanship of Federal Minister for Finance and Revenue Mr Miftah Ismail on Friday welcomed the prospect of the revival of Pakistan
June 24, 2022: Minister for Finance and Revenue Miftah Ismail on Friday said that the government had decided to withdraw withholding tax and condition of statements in the IT sector. Winding up the
June 24, 2022 (MLN): State Bank of Pakistan (SBP) has received $2.3 billion loan from Chinese consortium, Finance Minister Miftah Ismail informed on Friday. In his Tweet, he said, “I am pleased to
Jun 24, 2022 (MLN): The Weekly Sensitive Price Indicator (SPI) for the Combined Group increased by 1.01% during the week ended Jun 26, 2022 while the SPI increased by 28.05% compared to the
Jun 24, 2022: The National Electric Power Regulatory Authority (NEPRA) on Friday approved Rs 5.27 per unit increase in tariff for April under monthly fuel cost adjustment (FCA) for consumers of K-Electric. The
June 24, 2022: Central Power Purchasing Agency (CPPA-G) has sought a Rs7.96 per unit increase in power tariff for May under the monthly Fuel Cost Adjustment (FCA) mechanism. According to the petition submitted
January 25, 2022: Issues pertaining to Special Economic Zones (SEZs) should be resolved on a priority basis and measures for facilitating the investors should be implemented in the given timeframe, Prime Minister Imran Khan on Monday
January 24, 2022 (MLN): The Central Development Working Party (CDWP) approved three development projects with a cost of Rs13 billion and recommended one project worth Rs108.5bn to the Executive Committee of the National Economic Council
January 24, 2022: Small and Medium Enterprise Development Authority (SMEDA) on Monday extended date of applications for small business grants for “Growth Stage Start Up” upto January 28. The maximum grant funding worth Rs500,000 would
January 24, 2022: Indus River System Authority (IRSA) Monday released 45,186 cusecs water from various rim stations with inflow of 69,842 cusecs. According to the data released by IRSA, water level in the Indus River
January 24, 2022 (MLN): The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) in its meeting held on January 24, 2021, in Karachi has decided to keep the policy rate unchanged at
January 24, 2022 (MLN): The country recorded the highest monthly power generation of 8,828 GWh during Dec’21, up by 12% YoY compared to 7,880 GWh in Dec’20, backed by the higher generation from nuclear, regasified
January 24, 2022 (MLN): In the upcoming monetary policy statement, Central Bank may keep the policy rate unchanged at 9.75% and wait for recent budgetary measures to find a foothold and achieve its desired goal
January 23, 2022 (MLN): Finally, the Pakistan Bureau of Statistics (PBS) has rebased the Large-Scale Manufacturing Index (LSMI) after a gap of more than a decade. At first look, it seems that the PBS has
January 23, 2022 (MLN): The latest weekly roundup covers the latest economic and financial data releases over the past week to keep an eye on next week's trends. Pakistan posted the current account deficit (CAD)
January 23, 2022: The highlights of the important economic and business events that took place during the last week are in order so as to become acquainted with the recent developments in Pakistan’s economic and
January 22, 2022: The government had achieved remarkable success in its three years tenure regarding economic growth rate of the country, Minister for Energy Hammad Azhar stated on Saturday. Talking to a private news channel, he
January 22, 2022 (MLN): Pakistan’s trade deficit in services widened by 2.3x YoY to $342 million during December 2021 from $145mn in the same month of the previous year, the monthly data released by the
January 22, 2022 (MLN): Pakistan posted the current account deficit (CAD) of $9.09 billion in the first half of the ongoing fiscal year as opposed to $1.25bn surplus recorded in the same period last year,
Jan 21, 2022: The Economic Coordination Committee (ECC) of the Cabinet on Friday approved technical supplementary grants of Rs 5 billion for the Ministry of Planning, Development and Special Initiatives for conducting the 7th Population
January 21, 2021 (MLN): The Large-Scale Manufacturing Industries (LSMI) output increased negligibly by 1.9% in the month of November 2021 compared to October 2021, the data released by the Pakistan Bureau of Statistics (PBS) revealed
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