Kazakh Ambassador, Yerzhan Kistafin, called on the Federal Minister for Economic Affairs, Omar Ayub Khan, in his office today. Both sides exchanged views on bilateral relations and discussed key regional issues. They also discussed the other priority a…
SBP to Make Direct Payment Arrangements for Kamyab Pakistan Program Beneficiaries
The government has granted direct access to the State Bank of Pakistan (SBP) for making payment arrangements to beneficiaries of the Kamyab Pakistan Program through various commercial banks.According to a circular issued by Finance Division, the federa…
FBR to Announce Prizes of upto Rs. 1 Million for Customers of Tier-1 Retailers
The Federal Board of Revenue may announce prizes of up to Rs. 1 million for customers of integrated Tier-1 retailers, reported a national daily.The Federal Board of Revenue (FBR) has drafted a proposal in which it details its plans to award prizes unde…
Rupee Slides Further to a New Record Low Against the US Dollar
The Pakistani Rupee slid to a new low against the US Dollar today. It depreciated by 32 paisas against the dollar to close at 170.80.The local currency recovered slightly against the US Dollar (USD) on Friday after registering consecutive record lows t…
PM Imran to Inaugurate Kamyab Pakistan Program Tomorrow
A flagship initiative of the present Government, the Kamyab Pakistan Program (KPP), will be inaugurated by the Prime Minister on 04 October 2021, Monday.In line with the vision of the Prime Minister to empower the masses, the Government of Pakistan has…
FBR Imposes Service Charges on POS Invoices
The Federal Board of Revenue (FBR) has imposed service charges at a rate of Rs. 1 per invoice issued through all points of sale (POS) to be collected by Tier-1 retailers from customers across the country.In this connection, the FBR has issued SRO.1279(…
Finance Minister Inaugurates FBR’s Track & Trace System in PTC Jhelum Factory
Federal Minister for Finance and Revenue, Shaukat Tarin, inaugurated the much-awaited Track & Trace System (TTS) of the Federal Board of Revenue (FBR) at the Pakistan Tobacco Company’s (PTC) factory in Jhelum on Friday.The special ceremony was attende…
SPI-based Weekly Inflation Slightly Declines Due to Cheaper Food Items
The Sensitive Price Indicator (SPI) for the week ended on September 30, 2021, recorded a decrease of 0.10 percent due to a decline in the prices of some food items, according to the weekly data of Pakistan Bureau of Statistics (PBS).The food items that…