Finance Ministry Sets Date for Presentation of Pakistan’s Budget 2025-26
Islamabad, April 6, 2025 – The Ministry of Finance has officially unveiled the schedule for the presentation of Pakistan’s much-anticipated…
FBR Records Historic Rs. 242 Billion Tax Collection on Bank Depositors’ Interest Income
In a significant development for Pakistan’s tax revenue system, the Federal Board of Revenue (FBR) has successfully collected a record…
UBL’s Market Value Surpasses HBL and MCB Combined, Achieving Record High
United Bank Limited (UBL), one of Pakistan’s leading financial institutions, has reached a significant milestone, surpassing the combined market value…
World Bank Approves $300 Million Loan to Support Punjab’s Smog Mitigation Action Plan
The World Bank Group Board of Directors approved a USD 300 million International Development Association (IDA) loan to support the…
SBP Reports Growth in Digital Payments with Strong Q2 FY25 Performance
The State Bank of Pakistan (SBP) has released its Quarterly Payment Systems Review for the second quarter of FY25, highlighting…
Pakistani Rupee Sees Modest Rise Against US Dollar, Closes at 280.47
In a marginal yet positive movement, the Pakistani rupee appreciated slightly against the US dollar on Friday, showing a 0.03%…
FBR Grants Two More Licences for E-Invoicing Integration to Private Companies, Expanding Digital Compliance
In a significant move to enhance Pakistan’s digital tax compliance infrastructure, the Federal Board of Revenue (FBR) has announced the…
Private Sector Bank Loans Surge by 352% in 9 Months of FY 2024-25, Reaching Rs. 481 Billion
In a dramatic shift within Pakistan’s financial landscape, total bank loans to the private sector have skyrocketed by an impressive…
PSX Hits Historic 120,000 Milestone After Gaining Over 1,850 Points Amid Positive Market Sentiment
In a remarkable development for Pakistan’s financial markets, the Pakistan Stock Exchange (PSX) hit a historic milestone as the KSE-100…
BankIslami Introduces Pakistan’s First Instant Cheque Encashment Service Using TouchPoint’s QMatch Technology
In a landmark development for Pakistan’s banking sector, BankIslami, a leading Islamic financial institution, has launched the country’s first-ever instant…