Muhammad Azfar Ahsan, a seasoned strategic engagements and communications specialist in the corporate sector, has been appointed as the Chairman Board of Investment (BoI) and State Minister, ProPakistani has confirmed with its sources.He will be replac…
Rupee Rises Against US Dollar for 5th Day in a Row
The Pakistan Rupee appreciated against the US Dollar (USD) on Tuesday and continued its run against the dollar. It gained 75 paisas against the dollar and closed at 170.54, posting a growth of 2.77 percent since crashing to an all-time low in October.O…
October Registers Highest Outflows from Equity, T-Bills, PIBS in FY22
Equity, treasury bills (T-Bills), and Pakistan Investment Bonds (PIBs) witnessed foreign investment outflows almost three times higher than the inflows in October of FY22.Cumulatively, the inflows added up to $58.5 million, whereas the outflows were re…
FBR to Launch Single Sales Tax Portal for Filers Soon
The Federal Board of Revenue (FBR) will launch a Single Sales Tax Portal in the ongoing month, November 2021, to facilitate taxpayers and ensure ease of doing business through automation, digitization, and minimization of human interaction with taxpaye…