Daily Archives: December 30, 2021
Punjab Announces Schedule for Matric and Inter Exams
The Punjab Boards Committee of Chairmen (PBCC) has announced the schedules for the Matriculation and Intermediate examinations 2022 for all nine boards in the province.According to media reports, the Matriculation examinations will commence from 10 May...
Taxes Worth Only Rs. 2 Billion to be Imposed on the Common Man in New Finance Bill
A Special Cabinet meeting was convened on 30 December 2021 to discuss and approve the Finance (Supplementary) Bill, 2021. Chairman Federal Board of Revenue (FBR) explained the salient features of the Bill. In his presentation, he emphasized the importa...
Govt Tables Supplementary Finance Bill in National Assembly
The Finance Minister, Shaukat Tarin, on Thursday, presented the Supplementary Finance Bill in the parliament amid strong protest from opposition benches.The bill, dubbed the mini-budget by opposition parties, was originally scheduled to be presented in...
Supplementary Finance Bill Will Not Impact Common Man: Finance Minister
Federal Minister for Finance and Revenue, Shaukat Tarin, has ruled out the speculations, being expressed by many, that the supplementary finance bill will cause an increase in inflation. Addressing a press conference, jointly with Minister of State for...
SECP Issues Guidebook for Non-Bank Finance Companies to Facilitate Investors
As part of its objective to promote ease of doing business, the Securities and Exchange Commission of Pakistan (SECP) has issued a procedural guide on the formation and licensing of Nonbank Finance Companies (NBFCs) in order to facilitate the prospecti...
SBP Reserves Plunge by $298 Million
The foreign exchange reserves held by the State Bank of Pakistan (SBP) fell week-over-week by $298 million (1.64 percent).According to the central bank’s weekly report released on Thursday, the country’s total liquid foreign exchange reserves went down...
Rupee Posts Highest Ever Recovery After 31 Sessions Against the US Dollar
The Pakistani Rupee (PKR) has finally reversed its losing streak against the US Dollar (USD) and appreciated by 72 paisas against the greenback in the interbank market today. However, it hit an intra-day low of Rs. 178.57 against the USD
Pakistan And China Express Satisfaction With Progress of CPEC Projects
The Governments of Pakistan and China held virtual meetings of the two Joint Working Groups on Gwadar and Socio-Economic Development to review the implementation status of the China-Pakistan Economic Corridor (CPEC) projects and deliberate on the poten...
