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Yearly Archives: 2018

SECP specifies Bahrain’s credit rating agency for joint venture

ISLAMABAD: Securities and Exchange Commission of Pakistan (SECP) has specified Islamic International Rating Agency, Bahrain for the purpose of entering into joint venture with...

PTCL Sports Gala 2018 kicks off

ISLAMABAD: PTCL Sports Gala 2018 has been started in Islamabad. Teams representing Headquarters, South, North and Central Zones are participating in various exciting sporting...

Late filers pay penalty or face audit: FBR

KARACHI: Ms. Nausheen Javaid Amjad, Member Audit, Federal Board of Revenue (FBR) on Monday said that late filers either pay penalty or face audit.     She...

HBL holds seminars on global market outlook

KARACHI: Habib Bank Limited (HBL) has aimed to provide an exceptional level of service to all its clients, and to provide thought leadership in...

Pakistan receives $1bn of Saudi package

KARACHI: State Bank of Pakistan (SBP) on Monday received $1 billion from Saudi Arabia. Pakistan received $1 billion from $3 billion package amount. Saudi Arabia to...

Equity market down by 308 points on Trump’s statement

KARACHI: The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) lost 308 points on Monday on disappointment expressed by US President Donald Trump related...

Six-member SECP policy board constituted

ISLAMABAD: The federal government has constituted six-member policy board of Securities and Exchange Commission of Pakistan (SECP) for the next four years, a statement...

Dollar strengthens to Rs134 in interbank market

KARACHI: The rupee has reached to the level of Rs134.00 to the dollar on Monday owing to higher demand for import payments.       The rupee eased...

FBR notifies promotion of IRS, PCS officers to BS-22

ISLAMABAD: Federal Board of Revenue (FBR) on Monday notified promotion of officers from BS-21 to BS-22 of Pakistan Customs Service (PCS) and Inland Revenue...

Ad-hoc tax policy leads to massive fiscal imbalances: FBR

ISLAMABAD: Federal Board of Revenue (FBR) has said that ad-hoc tax policy has resulted in low tax collection and consequently contributing to massive fiscal...

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