The board of directors of Meezan Bank Ltd. decided in its meeting on Thursday (12 August) to authorize the bank to exercise the call option in full with respect to their Tier II Capital Sukuk Issue.The bank submitted a notification to the Pakistan Stoc…
SECP Digitalizes Filing of Biannual Returns Of Employees’ Contributory Funds
To facilitate companies with their statutory compliance, the Securities and Exchange Commission of Pakistan (SECP) has deployed an online reporting system for filing the biannual returns under Employees’ Contributory Funds (Investment in Listed Securit…
FBR Extends WHT Exemption Period for Selected Imports
The Federal Board of Revenue (FBR) has extended the period for the exemption of withholding tax on the import of 61 items, including medical equipment and COVID-19-related goods, to 31 December 2021.It has amended the Second Schedule (Exemption Schedul…
Finance Minister and Prominent Officials Meet a Delegation of Exporters
The Federal Minister for Finance and Revenue, Shaukat Tarin, held a meeting with a delegation of exporters at the Finance Division today.The session was chaired by the Advisor to the PM on Commerce, Mr. Abdul Razak Dawood. In his opening remarks, the A…
Rupee Holds Strong Against All Major Currencies as Trading Week Concludes
The Pakistani Rupee (PKR) maintained its position from yesterday against the US Dollar (USD), gaining less than a paisa in the interbank currency market today.This week’s trajectory for the PKR has been of a loss of 45 paisas on Monday, a gain of 14 pa…
Govt Committed To Provide More Facilities To Pakistani Remitters Abroad
Prime Minister Imran Khan chaired a review meeting on facilitating Pakistani remitters abroad under PM’s priority sectors.Finance Minister Shaukat Fayyaz Tareen, Special Assistant Dr. Shahbaz Gill, Governor SBP Raza Baqir, Chairman NADRA Muhammad Tariq…