- 3 May, 2024
December 2021
FBR Exceeds Tax Collection Target in First Half of FY22 with 32.5% Growth
The Federal Board of Revenue (FBR) collected net revenue of Rs. 2,920 billion during July-December of the current financial year 2021-22, exceeding the target of Rs. 2,633 billion by Rs. 287 billion.According to the FBR provisional revenue collection f…
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…
Govt Raises Rs. 1.26 Trillion from Treasury Bills
The State Bank of Pakistan (SBP) raised Rs. 1.26 trillion against a target of Rs. 1.2 trillion in the most recent treasury bill auction on Wednesday.Despite the big money raise, cut-off yields in the auction had a slight dip in three-month and six-mont…
PIA is Going Paperless Thanks to PITB
The Punjab Information Technology Board (PITB) and Pakistan International Airlines (PIA) have signed a Memorandum of Understanding (MoU) to implement an e-Filing & Office Automation System (e-FOAS) for the national flag carrier.The MoU was signed b…
Federal Govt to Bear Reqo Diq Development Costs: PM Khan
The federal government will cover the entire cost of the development of Reqo Diq, which is one of the world’s largest undeveloped copper and gold mines in Balochistan.Prime Minister (PM) Imran Khan tweeted the declaration after criticism from the provi…
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 during today’s…