In Pakistan, the Federal Board of Revenue (FBR) imposes a 20% customs duty on “washing preparation” products imported in mass packaging. Imagine you are traveling to a foreign country with a suitcase…
Category: Business
Latest Business News from Pakistan and Around the World – SBP, FBR, FIA, Petrol, Dollar and Daily Gold Rates on financeupdates.net.
Gold Price in Pakistan significantly decreased in the Last Month
On Tuesday, gold prices in Pakistan reached their lowest point in a month, settling at around Rs2 lakh on the local market. According to information provided by the All Pakistan Gems and…
Rupee Maintains Impressive Performance Against US Dollar Despite World Bank
In the interbank market, the Pakistani rupee extended its current advances against the US dollar for the 19th day. Opening at 289 versus the US dollar, the rupee exhibited exceptional strength. By…
FBR Implements a 10% Processing Fee on Essential Afghan Transit Goods
Federal Board of Revenue (FBR) has introduced a 10 percent processing fee on significant categories of Afghan transit commercial goods. These categories include items such as confectionaries and chocolates, footwear, machinery (both…
Gold Price Trends Downward for the Sixth Consecutive Trading Session
For the last six days, gold has been losing its luster, the precious metal that everyone cherishes. As of right moment, an ounce of gold costs $1,835.40, a 0.8% decrease. It hasn’t…
Pakistani Rupee Surges to 282 Against US Dollar
The Pakistani rupee has gained ground against the U.S. dollar for the eighteenth consecutive day. On the interbank market, the rupee opened the trading day at 290 per dollar. As the day…
US Dollar Value Declines Against Pakistani Rupee
In the most recent week’s interbank trading, the US Dollar saw a notable decline of 4.02 rupees, closing at 287.74 rupees as opposed to the previous week’s 291.76 rupees. This signifies a…
FBR significantly exceeded its Revenue Collection objective by Rs. 63 billion
The Federal Board of Revenue (FBR) not only met its revenue collection target for the first quarter of the current fiscal year but also exceeded it. Let’s delve into the specifics of…
Investing Beyond The Markets – Uncovering Alternative Investment Opportunities With Kavan Choksi
When investing, it’s easy to fall into the trap of thinking the stock market is the only game in town. True, stocks can offer excellent returns, but much risk is involved. That’s…
Petrol Price in Pakistan: What to Expect from October 1
Due to the government’s decision to provide assistance, the price of fuel is projected to drop during the first two weeks of October. Price reductions of up to Rs 20 per liter…