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Pakistan fixes nisab of zakat at Rs80,933

Pakistan fixes nisab of zakat at Rs80,933

The government has fixed the nisab of zakat at Rs80,933 rupees for lunar year 1441-42 Hijri, according to a notification…
Pakistan records remittances over $2b for 10th consecutive month

Pakistan records remittances over $2b for 10th consecutive month

Pakistan saw an increase of 26% in remittances, with a record run of above $2 billion in remittances for the 10th…
PIA reports Rs2.4 billion gross profit in fiscal year 2020

PIA reports Rs2.4 billion gross profit in fiscal year 2020

The Pakistan International Airlines (PIA) announced on Monday its financial results for the year 2020, reporting a profit of Rs…
Rupee continues to strengthen against US dollar

Rupee continues to strengthen against US dollar

 The Pakistani rupee strengthened by 19 paisas against the United States (US) dollar at the interbank currency market on Monday.…
Sindh to align Karachi, Hyderabad, Sukkur property rates with FBR

Sindh to align Karachi, Hyderabad, Sukkur property rates with FBR

The Sindh government has been legislating to align its property rates in Karachi, Hyderabad and Sukkur with the valuation table…
Airlines blast Britain’s travel restart plan

Airlines blast Britain’s travel restart plan

British travel company Jet2 said it was cancelling holidays until late June, blaming uncertainty in UK government plans for restarting…
President Alvi signs act to facilitate trade

President Alvi signs act to facilitate trade

In a bid to facilitate trade, President Dr. Arif Alvi has signed into law the Pakistan Single Window Act 2021.…
Govt appoints Asim Ahmed as new FBR chairman

Govt appoints Asim Ahmed as new FBR chairman

The federal government on Friday appointed Member IT Asim Ahmed as the new chairman of the Federal Board of Revenue…
Pakistan’s central bank exploring own digital coin: Reza Baqir

Pakistan’s central bank exploring own digital coin: Reza Baqir

Pakistan’s central bank is exploring its own digital coin, State Bank of Pakistan Governor Reza Baqir told CNN’s Julia Chatterley…
Pakistan gets $2.5bn against Eurobond issue

Pakistan gets $2.5bn against Eurobond issue

The State Bank of Pakistan (SBP) has received the proceeds of the government’s $2.5 billion eurobond issuance in its account.…
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