The Federal Board of Revenue (FBR) has provisionally collected net revenue of Rs. 536 billion during July 2023 against the monthly target of Rs. 534 billion, reflecting an increase of Rs. 2 billion.The tax regulator has compiled the provisional revenu…
The State Bank of Pakistan (SBP) has extended the deadline for reporting monthly statistics on foreign currency deposits and their utilization by banks dealing in foreign exchange.Beginning with the data for July 2023, banks are now required to report…
Young squash sensation, Hamza Khan is all set to receive a cash award of Rs. 10 million after clinching the World Junior Squash title in Melbourne, Australia.The historic victory last week marked the end of a 37-year-long wait for Pakistan, with Jansh…
The number of cellular subscribers, broadband penetration as well as teledensity declined in Pakistan for the third consecutive month in June 2023, the Pakistan Telecommunication Authority (PTA) data revealed.The number of cellular subscribers decreas…
The Federal Board of Revenue (FBR) has unfrozen the bank accounts of Pakistan International Airlines (PIA). The tax dispute between the two parties has been resolved, ending a concerning financial ordeal for the national carrier.PIA has faced financia…
The State Bank of Pakistan (SBP), said yesterday that, its foreign exchange reserves had decreased by 541 million U.S. dollars.During the week ending on Jul 21, the total foreign exchange reserves of the Pakistani central bank fell to around 8.2 billi…
Pakistan received $4.4 billion from the World Bank and Asian Development Bank (ADB) in the fiscal year 2022-23, against the budgeted estimates of $5.836 billion, witnessing a shortfall of $1.436 billion, official data of the Economic Affairs Division …
Zindigi Prize, a revolutionary entrepreneurship competition, achieved resounding success during its KPK Regionals held at the Ghulam Ishaq Khan Institute of Engineering Sciences and Technology (GIKI).The event, organized by Zindigi and co-hosted by GI…