Islamabad: The Federal Revenue Council (FBR) of 23 billion rupees from 16 major banks in one day on February 21, 2025, following a ruling on the Supreme Court of Sind (SHC), which supported the surprise tax under Article 99 d of income tax decree, 2001. The decision represents a major step in the government’s strategy … Read more
Peshawar: The cabinet of the cabinet, on Friday, approved a financial assistance package in Ramadan, as it provided 10,000 rupees to more than a million families it deserved throughout the province. Aid will be disbursed without discounts, as the government covers and disposed of all banking fees. The decision was taken at the twenty -fifth … Read more
The federal government has ended the relief package of Ramadan at a value of 20 billion rupees, according to which financial aid will be transferred directly to nearly four million qualified individuals during the holy month. The Minister of Industries and Production, Rana Tanfir Hussein, told the Senate that the provinces governments are scheduled to … Read more
IslamabadThe government successfully raised rupees. 259 billion T-Bills at a auction on Wednesday, although the amount is less than the target rupee. 350 billion. The auction witnessed a strong participation, as the total bidding was rupees. 737 billion. According to the State Bank in Pakistan (SBP), the suspended revenues on T -lds witnessed moderate increases … Read more
The process of building books for Freisian Aruis Barks Limited (BFAL) was concluded by the IPO with an increase in subscription 16.25 times, which represents a historical moment on the Pakistani Stock Exchange (PSX). The demand for investors reached 14.25 billion rupees, which significantly exceeds 1.23 billion rupees. The public subscription attracted a strong participation … Read more
The National Savings Section announced the results of the bonds of the award RS100, which occurred at the National Savings Center in Rawalbende. The clouds were conducted under the supervision of the State Bank in Pakistan (SBP). The first prize of 70,000 rupees was won by bonds No. 247226. The second prize of 200,000 rupees … Read more
Barkat Frisian Agro Limited, a joint venture between the Pharisee Egg Group, based in the Netherlands and the Bochsh Group in Pakistan, has witnessed that its share price of 18.20 rupees per share on the first day of its Dutch auction on the Pakistani Stock Exchange (PSX) on Monday . The company successfully collected 1.23 … Read more
Parliamentary Secretary for Finance, Saad Waseem Sheikh, stated that the government has no plans to introduce additional taxes to cover a shortage of 386 billion rupees in tax collection. He stressed that efforts are underway to fulfill the goal of revenue for the current fiscal year. During the National Assembly questions, Mehreen Razak Bhutto has … Read more
Islamabad: The total debts of the central government in Pakistan reached the highest new level. 71.64 trillion in December 2024, which reflects a 10 % increase compared to the same month last year. According to the latest data issued by the Pakistani Bank (SBP), the public debt shares rose from rupees. 65.19 trillion in December … Read more
A recent audit of the project to improve the project to improve the Kyber Pakhtunkhwa (KPCIP) project, which is 97 billion rupees (KPCIP) for financial variations of up to 8.48 billion rupees, including mixing imbalances, illegal payments, and wasted expenditures, News I mentioned. The results raised concerns about governance, supervision and accountability in the province. … Read more