Business
Foreign investors invested $2.4bn during 2020: OICCI Survey
July 5, 2021
Foreign investors invested $2.4bn during 2020: OICCI Survey
KARACHI: The Overseas Investors Chamber of Commerce and Industry (OICCI), the chamber of leading over 200 foreign investors in Pakistan…
Rupee falls by 31 paisa against USD
July 5, 2021
Rupee falls by 31 paisa against USD
KARACHI: The exchange rate of US Dollar increased by 31 paisa in the interbank on Monday against Pakistani rupee. The…
Pakistan’s trade deficit swells 34% to hit $31 billion in FY21
July 4, 2021
Pakistan’s trade deficit swells 34% to hit $31 billion in FY21
Pakistan’s trade deficit has swollen 34 per cent during the fiscal year 2020/21, despite record exports, according to the data…
SBP starts releasing regular data on Roshan Digital Accounts, record inflows reported
July 4, 2021
SBP starts releasing regular data on Roshan Digital Accounts, record inflows reported
KARACHI: The central bank from Saturday started releasing regular data on the progress of Roshan Digital Account (RDA) in line…
FBR announces 15% holding tax on profits of national savings schemes
July 4, 2021
FBR announces 15% holding tax on profits of national savings schemes
ISLAMABAD: The Federal Board of Revenue (FBR) has announced a 15% holding tax on the profits of National Savings Schemes…
SBP amends foreign exchange regulations
July 3, 2021
SBP amends foreign exchange regulations
KARACHI: State Bank of Pakistan (SBP) has notified revisions in foreign exchange regulations for export of goods from Pakistan. According…
Imports of mobile phones, telecom apparatus surge to $2.33b
July 3, 2021
Imports of mobile phones, telecom apparatus surge to $2.33b
KARACHI: Import of mobile phones and other telecommunication apparatus to Pakistan increased 47 percent during the first 11 months of…
Pakistan records highest cement sales since 1990
July 3, 2021
Pakistan records highest cement sales since 1990
Cement companies in Pakistan have marked their highest sales in the financial year 2020-21 since 1990, according to the data maintained…
Pakistan abolishes withholding tax on bank transactions, used cars
July 2, 2021
Pakistan abolishes withholding tax on bank transactions, used cars
The Federal Board of Revenue has abolished withholding tax on bank transactions, purchase of used cars, domestic and international air…
NEPRA allows govt to raise power tariff by Rs 2.97
July 2, 2021
NEPRA allows govt to raise power tariff by Rs 2.97
National Electric Power Regulatory Authority (NEPRA) on Friday allowed the federal government to raise power tariff by up to Rs…