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SBP injects Rs 358.5 billion in the market

KARACHI, Jan 15 (APP):The State Bank of Pakistan (SBP), Thursday, injected Rs 358.5 billion through Reverse Repo Purchase and Shariah Compliant Mudarabah based Open Market Operations (OMO) to maintain liquidity in the market. The central bank conducted the Open Market Operation, Reverse Repo Purchase (Injection) for an 8-day tenor on January 15, 2026, and injected […]

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Rupee gains 01 paisa against US Dollar

ISLAMABAD, Jan 15 (APP):The Rupee on Thursday appreciated by 01 paisa against the US Dollar in interbank trading and closed at Rs 279.96 compared to the previous day’s closing at Rs 279.97. According to the Forex Association of Pakistan (FAP), the buying and selling rates of the Dollar in the open market were recorded at […]

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PRA to bring long-standing non-taxpayers into tax net

LAHORE, Jan 14 (APP):Punjab Revenue Authority (PRA) has decided to bring individuals and companies which have remained outside the tax net for a long time into the formal taxation system. Under this decision, service-providing companies across the province will be required to ensure mandatory registration with Punjab Revenue Authority. Registration under the E-Invoicing Monitoring System […]

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FBR prioritizes documented economy, through reforms, digital transformation

ISLAMABAD, Jan 14 (APP):The Federal Board of Revenue (FBR) has placed institutional reform, digital transformation, and automation at the top of its agenda to help build a documented economy, with the ultimate objective of significantly increasing Pakistan’s tax-to-GDP ratio. Dr Najeeb Ullah, Chief Reforms and Modernization at the FBR, said that reforms and digitization are […]

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SMEDA briefs businessmen about business development

LAHORE, Jan 12 (APP):Small and Medium Enterprises Development Authority (SMEDA) apprised the local businessmen about the business development services of SMEDA including pre-feasibilities, planning and taxation to ensure success of an SME. A two-member team of experts Saddam Qazi and Aamir Tariq informed the businessmen at the SMEDA stall at the SME Finance & Banking […]

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German ambassador visits SCCI, interacts with business community

SIALKOT, Jan 08 (APP):Ambassador of the Federal Republic of Germany to Pakistan Ina Lepel accompanied by First Secretary (Economic Development) Miriam Buedenbender-Buchholz visited the Sialkot Chamber of Commerce and Industry (SCCI) and held an interactive session with the business community of Sialkot. The distinguished guests were received by Senior Vice President (SVP) SCCI Muhammad Murad […]

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Experts call for urgent action to address Pakistan’s housing needs

ISLAMABAD, Jan 7 (APP):Experts at a seminar here on Wednesday stressed that sustainable urban planning, inclusive finance, corporate engagement, and stronger institutional coordination were critical to tackling Pakistan’s housing shortage and ensuring equitable access to decent housing for all. The policy seminar titled, “National Housing Policy: A Framework for Affordable, Inclusive, and Sustainable Shelter for […]

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FBR holds awareness seminar at GCCI to promote tax compliance, accountability

ISLAMABAD, Jan 7 (APP):Pursuing the Prime Minister of Pakistan’s vision to broaden the tax base, the Federal Board of Revenue held a seminar at the Gujranwala Chamber of Commerce and Industry (GCCI) to inform the business community of key reforms and measures aimed at broadening the tax base, enhancing voluntary compliance, strengthening transparency and accountability […]