On Tuesday, the Federal Board of Revenue and provincial revenue agencies reached an agreement on a unified definition of goods/services and uniform regulations for the location of supply. Through a video connection,…
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Elon Musk considers charging Twitter users $20 a month for verified accounts
As the world’s richest man prepares an overhaul of the social media network, Elon Musk is contemplating charging Twitter users $20 (£17.30) a month or $240 a year for a blue tick…
The rupee restore its recent loss against currencies after Dar warning
PKR versus US Dollar Today’s intraday trading saw increases for the Pakistani Rupee (PKR) versus the US Dollar (USD). It increased by 0.72 percent and ended the day at Rs. 220.89, earning…
Finance Minister Ishaq Dar threatened US dollar hoarders and smugglers
Ishaq Dar, the finance minister, emphasized that the fair value of the rupee “is 180-200 to a dollar” and threatened to take strong action against anyone who hoards, smuggles, and manipulates US…
FBR establish a High-Capacity Data Warehouse for Interpretation of Big Data
The government has chosen to build a large data warehouse to facilitate big data analysis and the merging of taxpayer databases. FBR intends to upgrade its Information Technology (IT) systems According to…
Sindh seeks more ADB funding after cataclysmic floods destroy houses – Financeupdates
[ad_1] A view of huts submerged in rainwater in Larkana on Thursday. — APP CM Shah says climate change victims of Sindh have lost around 1.8 million houses during heavy downpour and…
Gold rises on political uncertainty in Pakistan – Financeupdates
[ad_1] A representational image of gold bangles. — Reuters/File Gold price settles at Rs150,200 per tola. It has gained Rs3,800 per tola during last two sessions. Silver prices in domestic market remain unchanged….
Pharmaceutical companies agree to reduce price of fever pill – Financeupdates
[ad_1] Representational image of two tablets. — AFP/File Cost of 500mg fever pill set at Rs 2.35. Price of bottle of fever will be Rs 177.60. Pharmaceutical companies resume production. ISLAMABAD: Pharmaceutical companies…
In a boost to forex reserves, ADB credits $1.5 billion to SBP’s account – Financeupdates
[ad_1] — Reuters ADB says recovery from COVID-19 impeded by external shocks. Increasing business, living costs affecting millions of Pakistanis. Loan to help manage inflation, food insecurity, slow commerce. ISLAMABAD: Finance Minister…
Stocks take a hit as KSE-100 plunges by over 600 points – Financeupdates
[ad_1] KARACHI: The stock market took a hit on Wednesday as the benchmark KSE-100 index plunged by over 600 points during intraday trade as deepening political concerns spurred panic-selling. As per the…