September 30, 2021: Federal Board of Revenue (FBR) has stepped up its countrywide crackdown against smuggling. On September 28, 2021, a joint team of the Collectorate of Customs Enforcement and Directorate of Intelligence
September 30, 2021: Prime Minister Imran Khan chaired a meeting to review steps taken for increasing exports today in Islamabad. The meeting was attended by Minister Finance Shaukat Fayaz Tarin, Advisor on Commerce
September 30, 2021: Pakistan has withdrawn ban on the exports of poultry and poultry products to Afghanistan. This was stated by Pakistan’s Special Representative for Afghanistan Ambassador Mohammad Sadiq in a tweet on
September 30, 2021: The Federal Board of Revenue has re-iterated its position that there shall not be any extension in the statutory date of filing of income tax returns for Tax Year 2021.
September 30, 2021: Asian markets mostly rose Thursday after the previous day's retreat, though investors continue to fret that surging inflation will lead to interest rate hikes, while the debt stand-off in Washington
Sep 29, 2021: President, Federation of Pakistan Chambers of Commerce and Industry, Mian Nasser Hyatt Maggo has appreciated the government’s decision to hold the compulsory requirement of digital mode payments for all businesses
September 29, 2021: While expressing deep concerns over an announcement made by Karachi Development Authority (KDA) to cancel all the allotment letters of residential plots including commercial and industrial in Mehran Town, President
September 29, 2021: Federal Minister for Industries and Production Makhdum Khusro Bakhtyar here on Tuesday said that due to investment friendly policies of incumbent government, the business ecosystem of the country was improved.
September 29, 2021: Indus River System Authority (IRSA) on Wednesday released 180127 cusecs water from various rim stations with inflow of 134835 cusecs. According to the data released by IRSA, water level in
September 29, 2021: Finance Minister Shaukat Tarin has invited Turkish companies to take advantage of the geo-economic platform, being offered by Pakistan, through Special Economic Zones. Talking to Ambassador of Turkey Ihsan Mustafa
September 29, 2021: In order to facilitate the collection of Government receipts/duties/taxes, it has been decided that the field offices of SBP Banking Services Corporation (SBP-BSC) and authorized branches of the National Bank
September 29, 2021: The Karachi Chamber of Commerce & Industry (KCCI) has announced to boycott the Public Hearings being organized by National Electric Power Regulatory Authority (NEPRA) on September 29th & 30th, 2021.
September 29, 2021: Many private companies in Pakistan are still struggling to reach gender diversity targets, while fewer than one in 20 women make it to senior management roles, according to a new
September 29, 2021: Mian Nasser Hyatt Maggo, President FPCCI, has demanded that the FBR should extend the deadline for tax filing by two months to facilitate the business community and support the government’s
September 28, 2021 (MLN): Multinational companies operating in Pakistan repatriated $396.4 million in profit and dividends on investments in the country during the first two months of the ongoing fiscal year which was
March 10, 2021 (MLN): After resisting IMF’s request for more than a year, the Federal government approved “The Income Tax Second Amendment Bill 2021” on Tuesday. Following the approval of ‘The Income Tax Second Amendment
March 10, 2021: Ministry of National Food Security & Research has proposed to procure over 6.5 million tons of wheat during current harvesting season in order to tackle with domestic requirements, keep the strategic reserves
March 10, 2021: An agreement was signed in Islamabad yesterday (Tuesday) to digitize the Utility Stores Corporation to monitor the provision of subsidy throughout the country. The agreement was signed between Pakistan Telecommunication Limited and
March 10, 2021: The cabinet has accorded approval to the draft of State Bank of Pakistan Amendment Bill 2021. This was announced by Minister for Information and Broadcasting Syed Shibli Faraz while briefing media in
March 10, 2021: New York-based international news agency Bloomberg says Prime Minister Imran Khan’s vote of confidence in the National Assembly gave a boost to his government and may help lure investors to its equity
March 09, 2021: The Competition Commission of Pakistan (CCP) while concluding an enquiry issued a show-cause notice to M/s Hyundai Nishat Motor (Pvt) Limited for, prima facie, deceptive marketing practices in the marketing campaign for
March 9, 2021: A senior-level special meeting for a progress review on DISCOs was held today under the chairmanship of Minister for Privatisation Mohammed Mian Soomro. Chairman NEPRA, Federal Secretary Privatisation, Representative of World Bank,
March 9, 2021: The government would finalize the new Liquefied Petroleum Gas (LPG) policy in consultation with all stakeholders aimed at streamlining the matters related to the commodity’s production, import, distribution and marketing. “The industry
March 9, 2021 (MLN): A meeting of Economic Coordination Committee (ECC) of te Cabinet will be held on Wednesday , March 10, 2021, with the Minister for Finance and Revenue, Abdul Hafeez Shaikh in the
March 9, 2021 (MLN): While addressing the ceremony to mark the $500 million milestone in Roshan Digital Account (RDA) on Feb 18, 2021, Governor State Bank of Pakistan, Reza Baqir thanked Overseas Pakistanis and unveiled
March 9, 2021 (MLN): Finance Minister Hafeez Sheikh has reiterated the government's firm commitment to promote agriculture sector through effective and speedy implementation of Agriculture Transformation Plan (ATP). Chairing a meeting in Islamabad on Monday,
Mar 08, 2021: Japan International Cooperation Agency (JICA) would provide US $ 1.3 million to Food and Agriculture Organization of the United Nations (FAO) to support pest control operations, besides enhancing food and nutrition security
Mar 08, 2021: Central Directorate of National Savings (CDNS) has received Rs 31 billion through the new launches schemes investments by March 5, from registered Premium Prize Bonds of Rs 40,000 and Rs 25000 introduced
Mar 08, 2021: The assets of the Non-Banking and Financial Company (NBFC) sector increased by 23.86 percent to Rs 1,412.42 billion during the financial year 2019-20 as compared to Rs 1,140.36 billion last fiscal year.
Market Data and Economic Indicators Weekly Performance Mar 05, 2021 Feb 26, 2021 PKR InterBank 157.1233 158.1007 KSE100 Index 45,837.35 45,865.02 Avg Daily Volume 385,964,462 589,297,783 Gold (Karachi) Rs/10 gm 88,092 93,664 KIBOR 6M
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