The Federal Board of Revenue’s (FBR) sales tax collection would suffer massive revenue loss in 2021-22 after withdrawal of sales tax on crude oil and replacing its status with the zero-rating.FBR officials told Propakistani that one of the reasons for …
Foreign reserves held by the State Bank of Pakistan (SBP) witnessed outflows of $250 million in the week that ended on March 4, 2022, depicting a 1.5 percent dip on a week-on-week basis.The central bank’s weekly report released on Thursday revealed tha…
The Lahore Central Business District Development Authority (LCBDDA) on Thursday reported over Rs. 35.89 billion in revenue generated through the auction of seven commercial plots in Lahore’s first Downtown.This comes just weeks after the authority reve…
The overall auto industry sales have risen marginally in February 2022. Toyota Indus Motor Company (IMC) and Honda Atlas Cars Limited (HACL) in particular, have witnessed a sizeable decrease in monthly sales, according to the official monthly report fr…
Prime Minister Imran Khan is in Lahore on a day-long visit.He will hold meetings with the Punjab Governor and Chief Minister besides the province’s elected representatives.Source:: Radio Pakistan
A state-of-the-art weather surveillance radar has been inaugurated in Karachi. The radar, funded by Japan, will cover the country’s southern part for a radius of 450 kilometers and will help effectively assess the weather conditions round the clock.Fed…
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