purchases

The International Monetary Fund agrees to reduce 2 % to block tax purchases: Report – Trendy Blogger

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The International Monetary Fund agrees to reduce 2 % to block tax purchases: Report – Trendy Blogger

The International Monetary Fund (IMF) in principle has agreed to reduce the deduction tax (WHT) on the purchases of property by 2 %, starting in April 2025, while leaving tax rates on real estate sellers unchanged. The decision follows the request of the Federal Revenue Council (FBR) to alleviate the costs of transactions in the … Read more

SBP purchases $ 3.8 billion in the foreign exchange market to boost reserves – Trendy Blogger

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SBP purchases $ 3.8 billion in the foreign exchange market to boost reserves – Trendy Blogger

IslamabadFrom June to October 2024, the Pakistani State Bank (SBP) bought a total of $ 3.8 billion in the local foreign exchange market (FX), according to data issued by the Central Bank on Tuesday. SBP reports usually foreign exchange market interventions with a three -month delay. These interventions in the market contributed to an increase … Read more