Exchange companies have been asked to use an android based biometric verification system to maintain the records and verifications of customers on the purchase of Dollars and other foreign currencies above $500 from the open market.The facility will be…
The Federal Board of Revenue’s (FBR) biggest documentation initiative of integration of big retailers with the FBR’s Point of Sales (POS) system may suffer a serious setback due to the alleged connivance of vendors and retailers to under-report sales a…
Pakistan has arranged $761.5 million in Murabaha financing from the International Islamic Trade Finance Corporation (ITFC) to import petroleum products on deferred payment.The development was announced in a series of tweets by Economics Affairs Divisio…
Pakistan’s cotton output has soared up to 6.2 million bales in the current season (June-Nov), a surge of 81 percent compared to the same period last year, owing to timely rains and better incentives to the farmers.According to Pakistan Cotton Ginners’ …
The Senate Standing Committee on Finance, Revenue, and Economic Affairs has decided to summon the Auditor General of Pakistan (AGP) and the Director-General (DG) National Accountability Bureau (NAB) amid the recently triggered debate on the record of r…
The freelance earning in Pakistan, during the first quarter of the fiscal year 2021-22, grew by 21.37%, surging from $87.247 million to $105.895 million as compared to the first quarter of the previous fiscal year.Out of the total amount earned through…
