The Economic Coordination Committee (ECC) is likely to approve a technical supplementary grant of Rs. 60 million within sanctioned budget for the purchase of spare parts for helicopter maintenance upon request of the Interior Ministry.The meeting of th…

The Federal Board of Revenue has imposed a new condition on the renewal of licenses of shipping agents. The condition requires shipment agents to provide an affidavit declaring that the applicant has not faced any criminal proceedings from any court in…

Pakistan Software Export Board (PSEB) has received an amount of Rs. 1 billion from the Ministry of IT and Telecommunication to hold various skill development training programs through boot camps and batches across the country.These programs are likely …

The Pakistani Rupee (PKR) posted gains against the US Dollar (USD) in the interbank market today. It gained five paisas against the greenback after hitting an intra-day high of Rs. 176.55 against the latter during today’s open market session.It appreci…

The election results of the directors on the TRG Board have completely barred the former CEO of Afiniti, Zia Chishti, from it. Meanwhile, Khaldoon Bin Latif from Faysal Asset Management bagged the highest votes — more than 504 million — in the electio…

The federal cabinet has approved a residential project worth $2 billion for the overseas Pakistanis to invest in real estate by making remittances through their Roshan Digital Accounts. The project will be executed at Park Road, Zone-4 of the federal c…

The Federal Board of Revenue (FBR) has introduced a mandatory requirement of six documents for the claim of duty drawbacks on local supplies, free of duty imports, and taxes to avoid any misuse of the facility.The FBR issued an amendment draft in Custo…

The Federal Minister for Finance and Revenue, Shaukat Tarin, has said that he will dismiss the Governor State Bank of Pakistan if he did not support the government in economic matters after the approval of the SBP Amendment Bill.The Minister of Finance…