Business & Finance

Business & Finance News Updates

Unveiling the Future: Hyundai SANTA FE with Revolutionary Hybrid Technology Comes to Pakistan

Hyundai SANTA FE

The wait is over, Hyundai has just introduced the highly anticipated all-new Hyundai SANTA FE to the Pakistani market, bringing an exciting blend of innovation and luxury to automotive enthusiasts. With two impressive variants and competitive introductory prices, the SANTA FE is set to make a significant impact on the …

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Tax Return Deadline Extended: FBR Grants Extra Time Until October 31, 2023

FBR to hold online open court for resolving taxpayers’ problems

In response to the appeals from trade bodies and various tax bar associations, the Federal Board of Revenue (FBR) has heeded the call and extended the tax return filing deadline. Taxpayers now have until October 31, 2023, to submit their income tax returns for the Tax Year 2023. In view …

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Petrol Prices Drop by Rs8 per Litre in Pakistan for October’s First Fortnight

Petrol Prices in Pakistan

In a welcome move, the government of Pakistan has announced a significant reduction in petrol prices for the first fifteen days of October, providing some much-needed relief to consumers. The Ministry of Finance issued a notification late on Saturday night, confirming the price cuts. This article explores the details of …

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How To File Your Income Tax Returns Online : A Step-by-Step Guide

5783 Point of Sales Integrated with FBR System

The Federal Board of Revenue (FBR) is coming to the aid of taxpayers facing challenges in meeting the initial income tax return deadline. While there is speculation about a possible one-month extension, the official word from the FBR remains constant – the deadline is until September 30th. As of now, …

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How FBR Ensures Efficient Taxpayer Support and Issue Resolution?

FBR to hold online open court for resolving taxpayers’ problems

The Federal Board of Revenue (FBR) is dedicated to providing the highest level of support and assistance to taxpayers. Timely resolution of issues raised by taxpayers is a top priority for FBR. Recently, the Karachi Tax Bar Association (KTBA) submitted a letter to FBR, outlining certain concerns related to the …

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LUMS Unveils the Yusuf H. Shirazi Complex: A Beacon of Sustainability, Innovation, and Philanthropy

LUMS Unveils the Yusuf H. Shirazi Complex: A Beacon of Sustainability, Innovation, and Philanthropy

Lahore University of Management Sciences (LUMS) marked a historic milestone as it hosted the groundbreaking ceremony for its first green building, the “Yusuf H. Shirazi Complex.” Named in honor of the former Chairman of the Atlas Group and one of the university’s founding members, this visionary project promises to be …

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Mastering Your Mortgage: 10 Proven Strategies to Slash Your Interest Rates and Save Big

Lower your Mortgage

With regards to homeownership, getting a home loan is a fantastic monetary responsibility. Your decisions during this interaction can significantly affect your monetary prosperity. One key choice is the way to bring down your home loan rates, which can convert into significant long haul investment funds. In this blog entry, …

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Saudi Arabia’s Ambitious Drive Towards Electric Vehicles

Lucid electric car

In a significant move towards diversifying its economy and embracing clean energy initiatives, Saudi Arabia has set its sights on becoming a prominent global player in the manufacturing of electric vehicles (EVs) and related products, including electric batteries. This bold endeavor was unveiled by Minister of Industry and Mineral Resources, …

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Pakistani Rupee Poised to Lead as Top Global Performer: Bloomberg

Rupee continues upward trend against dollar

In a remarkable turn of events, the Pakistani Rupee (PKR) is poised to emerge as the top-performing currency globally for the month, a feat attributed to the government’s vigorous crackdown on the illegal dollar trade. This promising development was recently highlighted in a report by Bloomberg, shedding light on the …

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Rupee gains Rs1.02 against US Dollar on 28th September 2023

Rupee continues upward trend against dollar

In a noteworthy financial development, the Pakistani Rupee continued its impressive recovery streak for the 18th consecutive session. During the interbank trading, it made significant gains, strengthening by Rs 1.02 against the US dollar. Consequently, it closed at Rs 287.73, marking a positive shift from the previous day’s closing rate …

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