Day: January 7, 2022

Despite its efforts, the government has failed to stop the smuggling of goods from India and Iran into Pakistan, causing the economy to bear the brunt in terms of revenue and industrial output.Sources in the Federal Board of Revenue (FBR) told ProPakis…

The Ministry of Commerce has planned to create an e-commerce business facilitation hub by ensuring facilitation for freelancers, e-commerce initiatives, and startups through effective coordination with SECP, FBR, and SBP.Pakistan announced its first-ev…

The Sensitive Price Indicator (SPI) for the week ended 6 January 2022, recorded an increase of 0.08 percent, stated the Pakistan Bureau of Statistics (PBS).During the week, out of 51 items, prices of 25 (49.02 percent) items increased, 7 (13.73 percent…

The Federal Board of Revenue (FBR) launched the National Sales Tax Return (NSTR) on Friday without the participation of the officials of the Sindh Revenue Board, the Khyber Pakhtunkhwa Revenue Authority, the Baluchistan Revenue Authority, the AJK Counc…

The Ministry of Finance stated on Friday that the amendments proposed to the State Bank of Pakistan (Amendment) Bill were in line with the international best practices and aligned to the ground realities in Pakistan.In a detailed clarification about th…

With a view to facilitating the public, the federal government upon recommendation of the State Bank of Pakistan (SBP) has extended the last date for exchanging old banknotes of Rs. 10, 50, 100, and 1000 by one year to December 31, 2022.Previously, the…