The federal government has extended the period for cashing prize bonds till December 31. The Ministry of Finance has issued a notification to extend the date for cashing prize bonds. According to the notification, prize bonds of Rs 15,000, Rs 25,000, and Rs 40,000 can be cashed till December 31. Remember that the last date … Read more
In the first two months of the current financial year, remittances increased by 10.4%, exports by 35.4%, and imports by 67.8%. The country’s current account deficit, including remittances, exports, and imports has increased. The Federal Ministry of Finance has released a monthly economic outlook. Non-tax revenues and foreign direct investment have declined, the monthly economic … Read more
The State Bank of Pakistan has decided to facilitate the collection of government collections/duties/taxes by field offices of SBP Banking Services Corporation and authorized branches of National Bank today (Thursday) September 30 during extended banking hours respectively. It will be open until 8 and 9 p.m. Therefore, it is directed that the concerned institution should … Read more
LAHORE: Federal Board of Revenue (FBR) offices will continue to work till 12 noon today (Thursday) to submit income tax returns. The FBR had issued a notification to extend the working hours of the offices for the purpose of filing income tax returns. Relevant FBR offices have also been directed to liaise with the concerned … Read more
The retail price of broiler meat in the city has been reduced by Rs 11 to Rs 291, the price of live broiler chicken by Rs 7 to Rs 201 per kg while the price of farm eggs have remained stable at Rs 180 per dozen.
The fourth-largest Ethereum (ETH) mining pool, BeePool, is closing among China’s crypto crackdowns. The China-based ETH mining pool publicized that it would close operations “in response to the latest regulatory policies.” Effective directly, the registering of new users and the adding of sub-accounts for present users will be obsolete, and all mining access servers are … Read more
Crypto acceptance remains to gain energy in Switzerland as local financial regulators allowed more authority approvals for cryptocurrency investment tools. The Swiss Financial Market Supervisory Authority (FINMA) has accepted the Cryptocurrency Market Index Fund as the “first crypto fund according to Swiss law,” the authority legitimately publicized. The fund is introduced by Swiss asset manager … Read more
As worldwide regulators remain to inspect the crypto industry, Elon Musk, CEO of Tesla has stated support for cryptocurrency, naming it indestructible. “It is not possible to, I think, destroy crypto, but it is possible for governments to slow down its advancement,” Elon Musk stated at the Code Conference in California. As per the Tesla … Read more
The Tourism Authority of Thailand (TAT) is discovering the option of making its own utility token in an offer to promote cryptocurrency revenue from visitors. The Tourism Authority of Thailand is reportedly in debates with the Stock Exchange of Thailand over the launch of TAT Coin and is considering the regulatory and possible features of … Read more
Huobi Global cryptocurrency exchange moved extensive parts of its operations out of China, mainly to cryptocurrency-friendly Singapore, as per former and current workers of the exchange. Huobi effort to create overseas operations as China’s previous crackdown on cryptocurrency exchanges in September 2017. The next month, the firm set up a distinct authorized unit in Singapore. … Read more
KARACHI: The Federal Board of Revenue (FBR) has issued a notification to extend the working hours of offices. The Federal Board of Revenue has issued a notification to extend the working hours of all offices for the convenience of the public in view of the last date for submission of income tax returns. The notification … Read more
Mian Noman Kabir has been elected unopposed as the President of Lahore Chamber of Commerce and Industry (LCCI), Mian Rehman Aziz Chan as the Senior Vice President, and Haris Atiq as the Vice President for the current financial year because no other candidate has filed nomination papers against him. The Election Commission declared them valid … Read more
Justifying the increase in the price in the global market, the price of LPG has been increased by Rs 20 per kg, the price of LPG has been increased by Rs 195 per kg while Gilgit-Baltistan and in hilly areas, it reached Rs 225 per kg. The price of a domestic cylinder has gone up … Read more
The Ministry of Planning, Development, and Reforms, and Special Initiatives has so far allocated a total of Rs 1.45 billion for the development works of the Industry and Production Division in the public sector development program. Has released more than Rs 1.45 billion has been released. The government has allocated Rs. 2.91 billion for this … Read more
FPCCI President Mian Nasir Hayat Magun has demanded that the FBR should extend the deadline for tax submission by two months so that the business community facilitate the submission of taxes and support the government’s campaign to expand the tax base and collect more taxes. He said that based on the feedback from businesses across … Read more
Facebook publicized that it will give $50M to a 2-year fund tasked with starting work on understanding the company’s vision for a virtual metaverse. The announcement says that the roadmap of Facebook for building its metaverse, with the funding scheduled to back “global research and program partners” watching to build out the platform in addition … Read more
Cryptocurrency payments are becoming progressively popular as Bitcoin (BTC) and other digital assets endure to go normal. This has become the case for both cryptocurrency holders and non-cryptocurrency owners who are mostly involved in the concept of using cryptos for payments. New data shows 93% of cryptocurrency users surveyed would consider making buying in cryptocurrency. … Read more
From Oct. 8, E-commerce hulk Alibaba will stop selling specialized mining equipment on its platforms. Alibaba stated its decision was in reply to the most recent People’s Bank of China (PBoC) policy circular on cryptocurrency trading as well as a 2017 circular. The notice, signed by some of China’s top financial regulators and issued, banned … Read more
As per Chinese media, at least 18 cryptocurrency-related platforms either publicized that they are leaving the Chinese market or restricted their websites. Cryptocurrency exchange BitMart, Trading information platform Feixiaohao, Cryptocurrency exchange Biki, and Trading information provider TradingView have been inaccessible in China or will end giving all services to China. At least another 11 firms … Read more
Karachi: After the increase in the price of cotton globally, the cotton price in Pakistan has also increased by Rs 700 per quintal. According to the details, global cotton prices are witnessing a record increase. In the United States, cotton prices have risen by 6 cents per pound in two days. The cotton price in … Read more
The issue of Pakistani trailers stranded for two months in the Afghan border town of Spin Boldak, bordering Chaman in Pakistan’s Balochistan province, has finally been resolved. In a meeting of Pakistani and Afghan border officials and trade unions agreed to transfer the trailers to Pakistan. The transfer of Pakistani trailers to Pakistan has begun.
The United Nations Security Council (UNSC) has lifted sanctions on the Baghdad Stock Exchange under former President Saddam Hussein. An SRO has been issued to remove him from the sanctions list. Once the sanctions are lifted, financial transactions with the Baghdad Stock Exchange will be possible. Pakistan will have complete freedom of investment, trade, and … Read more
Prices of various items at utility stores rose for the fourth time in September this year, and this time price of Chickpeas has increased. The price of one kg of Chickpeas included in the Prime Minister’s Relief Package has been increased by Rs 40, after which its price has gone up from Rs 120 per … Read more
The rupee has depreciated in the domestic exchange markets and today the dollar is trading at an all-time high in the interbank market. At the Interbank Foreign Exchange (IFEX), the dollar rose by 51 paise and closed at 169.60 paise. In the open market, the dollar has risen by 60 paise to Rs 171.
Russian gas giant Gazprom and the Hungarian government signed a contract for gas supplies till the end of 2036. The signing ceremony was attended by Gazprom Export chief Elena Burmistrova and Hungarian Foreign Minister Peter Szijjarto. Under the contract, Gazprom will be delivering 4.5 billion cubic meters of gas to Hungary yearly. As it was … Read more
As per the report of Karachi Sarafa and Jewellers Group, The price of 24 karats per tola gold surge by Rs50 per tola and was trade at Rs113,550 on Monday compared to its sale at Rs113,500 in the local market the prior day. The price of 10 gram 24 karats too surge by Rs43 and … Read more
After China quicker its hard work to control the increase of cryptocurrencies last week, something it first initiated as far back as 2013, one of the world’s main crypto exchanges, Huobi, has said it will no longer open new accounts for users in continental China. The news has been unsuccessful to depress bitcoin (BTC) and … Read more
Singapore users to be offered harsh limitations that will be introduced by the globally biggest cryptocurrency exchange, Binance. Users will not be capable to access order deposit services, as of 26 October, spot trading of cryptocurrency or purchase cryptocurrency via fiat channels or liquid swap as per the announcement of Binance. Binance is directing affected … Read more
