Business & Finance SBP leaves policy rate unchanged KARACHI: The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) has decided to keep the policy rate... Updated 13 Jun, 2023 12:26pm
Print GST on services: Rs235bn target set KARACHI: The Sindh government has set Rs 235 billion revenue collection target for sales tax on services for the ... Updated 11 Jun, 2023 08:09am
Print Additional advances to IT ITeS: 20pc concessionary tax rate on banks’ income proposed KARACHI: The federal government has proposed concessionary tax rate for banks income from additional advances to... Updated 10 Jun, 2023 08:51am
Print Cash withdrawal: Non-filers to pay 0.6pc advance tax KARACHI: The federal government has proposed 0.6 percent advance tax on cash withdrawal for non-filers to bring more... Published 10 Jun, 2023 04:37am
Print SBP’s auction calendar: Cash-strapped govt to borrow record Rs10trn in 3 months KARACHI: The cash-strapped federal government plans to borrow record over Rs 10 trillion from the commercial banks... Updated 09 Jun, 2023 09:00am
Print Banks disburse Rs1.222trn agri credit KARACHI: With 27.5 percent growth, the agriculture lending financial institutions have disbursed Rs 1.222 trillion... Updated 09 Jun, 2023 08:57am
Print Govt debt stocks rise to Rs58.6trn KARACHI: The federal government’s borrowing from domestic and external resources rose by 22.5 percent during the... Updated 06 Jun, 2023 08:47am
Print IPSs settlement: Banks can buy dollars from interbank market: SBP KARACHI: The State Bank of Pakistan (SBP) Wednesday allowed banks to purchase US dollars from interbank for... Updated 01 Jun, 2023 09:04am
Business & Finance Bank Alfalah to launch ‘Digital Lifestyle Branch’ today KARACHI: Brining new innovation in the banking industry, Bank Alfalah is all set to launch Pakistan’s first... Updated 01 Jun, 2023 03:15pm
Business & Finance SBP unveils PSR: E-banking transactions reach Rs44trn mark by Q3-end KARACHI: Digital payments and infrastructure of the banking sector continues to expand and e-banking transactions... Updated 30 May, 2023 09:22am
Business & Finance PFVA demands withdrawal of 10pc FED on juice industry KARACHI: All Pakistan Fruit & Vegetable Exporters, Importers & Merchants Association (PFVA) has proposed... Published 27 May, 2023 06:09am
Business & Finance Internet, IT devices: SBP advocates cut in duties and taxes KARACHI: The State Bank of Pakistan (SBP) has asked for reduction of the duties and taxes on internet and IT devices... Published 23 May, 2023 06:14am
Print Slow growth, rising inflation: SBP projects a double whammy for country Says demand management measures and floods in 2022 have weighed heavily on the country’s growth outlook for FY23 Updated 20 May, 2023 07:23pm
Print Second consecutive month: Pakistan posts $18m current account surplus in April KARACHI: For the second consecutive month, Pakistan has posted a current account surplus in April 2023 mainly due to... Updated 17 May, 2023 09:52am
Print Govt debt stocks soar to record Rs57trn by Mar-end: SBP KARACHI: The federal government’s total debt (domestic and external) surged to Rs 57 trillion by the end of March... Updated 16 May, 2023 11:04am
Print May-July: govt intends to borrow record Rs9.4trn Presently, government is the single largest borrower from commercial banks Updated 13 May, 2023 02:47pm
Business & Finance July-April remittances decline 13pc to $22.74bn YoY KARACHI: Workers’ remittances fell by 13 percent during the first ten months of this fiscal year (FY23) as ... Published 11 May, 2023 05:54am
Pakistan Flour millers end strike Sindh government pledges to supply 0.5 million 100-kg bags of wheat grains from Monday. Updated 07 May, 2023 09:56am
Business & Finance Flour millers assured that there will be smooth supply of wheat KARACHI: Sindh government has assured the flour mills for uninterrupted supply of wheat grains from next week to... Published 06 May, 2023 06:23am
Business & Finance BankIslami emerging as a stronger bank: President/CEO KARACHI: “BankIslami has overcome from the difficult period and now it is emerging as a stronger bank in the... Published 03 May, 2023 06:35am