News & Blogs

By Ajwad Ali | CEO Primarius Consultants Pakistan’s economic story is deeply intertwined with the enduring spirit of family-owned businesses. These enterprises, passed down through generations, have been the backbone of the nation’s development. But the winds of change are blowing. While these businesses boast a deep understanding of the local market and possess valuable

By Ajwad Ali | CEO Primarius Consultants The State Bank of Pakistan (SBP) has projected that the policy rate, which is the benchmark interest rate for borrowing and lending in the country, will decline by 7% in the calendar year 2024, according to its latest Monetary Policy Statement (MPS). The policy rate is currently at

The Federal Board of Revenue (FBR) is taking significant steps to bring more people into the formal tax system. Their plan is to include over a million non-filers and those who stopped filing income tax returns. The approach is organized and happening in phases, with the aim of identifying one million non-filers and potentially two

FBR confirms tax return filing deadline extended by 1 month BR Web Desk The Federal Board of Revenue (FBR) on Saturday said the date of date of filing income tax returns for Tax Year 2023 has been extended to October 31, 2023, stressing that no further extension would be granted. “In view of the demand

Rupee gains another 0.37pc against dollar Shahid Iqbal KARACHI: The rupee maintained a bullish trend and rose by 0.37 per cent against the US dollar in the interbank market on Friday. The frequent appreciation of the local currency since the start of the current month has strengthened the perception in the currency market the greenback

Returns on NPCs increased By Salman Siddiqui Raised by up to 6 percentage points on foreign and local currency-based bonds KARACHI: In a bid to encourage overseas Pakistanis to invest more actively in the homeland through the Roshan Digital Account (RDA), the government has raised the rate of return on Naya Pakistan Certificates (NPC) by up