The Federal Board of Revenue (FBR) has decided to penalize the tax officials putting external pressures on the top FBR management for their postings, transfers, deputations, or other service matters.In this connection, the FBR has issued a stern warnin...
Read More »Monthly Archives: November 2021
Rupee Edges Closer to All-Time Low Against the US Dollar Again
The Pakistani Rupee (PKR) continued its extremely volatile and bearish run against the US Dollar (USD) for another day after it depreciated by 56 paisas against the greenback in the inter-bank market today. It hit an intra-day low of Rs. 175.5 against ...
Read More »Senate Approves NAB Amendment Bill Amid Protest by Opposition
The Senate approved on Friday the National Accountability Bureau Amendment Ordinance 2021 and the Journalists Protection Bill along with a few other significant bills amid protest by the opposition.Chairman Sadiq Sanjrani chaired the Senate meeting hel...
Read More »Govt Incentivizes Construction Industry to Help Poor Segment: PM
Prime Minister Imran Khan has said that the government is providing subsidies and incentivizing the construction industry to help the low-income segment of the society.The premier was speaking at a ceremony during his visit to the site of 4400 under-co...
Read More »SPI Marks 1.07% Hike as Prices of Essential Items Rise
The Sensitive Price Indicator (SPI) for the week ended on November 18, 2021, recorded an increase of 1.07 percent due to the hike in prices of different commodities.The prices of chicken increased by 8.26 percent, cooking oil by 4.72 percent, bananas b...
Read More »Pakistan’s Current Account Deficit Reaches Its Highest Level in FY2022
Pakistan’s current account recorded the highest deficit of $1.66 billion during the current financial year 2021-22 in October 2021 according to the statistics released by the State Bank of Pakistan (SBP) on Friday.The current account deficit surged to ...
Read More »Fakhar Imam Stresses Measures to Ensure Maximum Wheat Productivity
Federal Minister of National Food Security Syed Fakhar Imam conducted a high level meeting with the provincial counterparts to monitor the ongoing sowing of wheat in the country.The meeting attended by representatives from all provinces, including Punj...
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