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FBR extends date for filing taxes ISLAMABAD: The Federal Board of Revenue (FBR) has extended the date of payment of taxes/duty and filing of Sales Tax/Federal Excise returns upto 25th July for the tax period June, 2012. The extension in date has been made to facilitate all registered persons, said FBR press statement issued here Thursday. The due date for such payment and filing of returns for the tax period of June, 2012 was 15th July, 2012. Copyright APP (Associated Press of Pakistan), 2012 ...

Forex reserves rise 0.2 percent to $14.939 billion  ISLAMABAD: Pakistan's foreign exchange reserves rose slightly to $14.939 billion in the week ending July 13, from $14.909 billion in the previous week, State bank of Pakistan (SBP) said on Thursday. Reserves have been reduced by debt repayments in recent months, including an $8 billion loan from the International Monetary Fund (IMF). The next repayment to the IMF is due in August. Copyright Reuters, 2012 ...
Bank holiday  RECORDER REPORT KARACHI: The State Bank of Pakistan, all offices of SBP Banking Services corporation (SBP BSC), banks, Development Finance Institutions (DFIs) and Microfinance Banks (MFBs) will remain closed for public dealings on Monday the 23rd July, 2012 for deduction of Zakat because 1st Ramazan-ul-Mubarak will either fall on Saturday or Sunday (subject to the sighting of the moon) as these days are observed as two-day weekly offs by the above-mentioned institutions. However, all officers/staff of SBP, ...
Banks extended Rs1.61bn to 766 borrowers as house finance  ISLAMABAD: Fresh disbursements to the tune of Rs 1.61 billion were made to 766 borrowers during the quarter ending March 31, 2012, a State Bank of Pakistan (SBP) report said. According to the Central Bank Report, Private Banks extended new disbursements with Rs 888 million followed by Islamic banks with Rs 407 million, public sector banks with Rs 15 million and foreign banks with Rs 6 million. HBFCL's fresh disbursements for the quarter were reported to be ...
Banks to remain closed on Monday  KARACHI: The State Bank of Pakistan, all offices of SBP Banking Services Corporation (SBP BSC), banks, development finance institutions (DFIs) and microfinance banks (MFBs) will remain closed for public dealings (bank holiday) on Monday July 23, 2012 for deduction of Zakat because 1st Ramazan-ul-Mubarak will either fall on Saturday or Sunday (subject to the sighting of the moon) as these days are observed as two-day weekly offs by the above mentioned institutions. According to SBP here ...
SBP announces banking and office hours for Ramazan-ul-Mubarak  KARACHI: The State Bank of Pakistan (SBP) has announced the business (banking) and office hours for the ensuing holy month of Ramazan-ul-Mubarak. According to SBP here Tuesday, all banks, development finance institutions (DFIs), microfinance banks (MFBs) and field offices of SBP Banking Services Corporation (SBP BSC) will observe business (banking) hours from 8:30 a.m. to 2:00 p.m. (without break) from Monday to Thursday during Ramazan-ul-Mubarak. Their Friday business timings will be from 8.30 a.m. to 12.30 ...
PPC recover Rs.1515.81mn loans LAHORE: Punjab Provincial Cooperative Bank has accomplished recovery of Rs.1515.81 million Non Performing Loans (NPLs). Of the aforementioned sum Rs.1262.24 million have been recovered in cash whereas property of defaulters amounting to Rs. 253.51 million was transferred in the name of bank. According to a press release on Tuesday, it was stated during a briefing that the bank was giving Kharif-2012 crop loans to small farmers through cooperative societies till July 31,to the tune of Rs.2500 million. Acting ...

 



 
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ICT 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyNovember
Trade Balance $-1.664 bln
Exports $1.966 bln
Imports $3.630 bln
WeeklyJanuary 25, 2015
Reserves $15.019 bln