Updates on Tax Laws, Economy and Stock Market in Pakistan
Pakistan Bureau of Statistics issues weekly reports regarding the Sensitive Price Indicator (SPI) in the country. The report includes the prices of basic commodities and their comparison with the prices in the previous week (WoW) and the corresponding period of the last year (YoY). A sensitive Price Indicator is a tool to measure and record … Read more
Sensitive Price Indicator is a tool to measure inflation in Pakistan and is calculated by the Pakistan Bureau of Statistics on weekly basis with 2015-16 as base year to measure the rate of inflation of 51 basic commodities including food items on the prices gathered from 17 cities of Pakistan on weighted average. The sensitive … Read more
Sensitive Price Indicator is a tool to measure changes in the prices of commodities over a certain time period to assess the inflation rate. Prices of 51 essential commodities that are taken from the markets of 17 cities of Pakistan are used to calculate the SPI on weekly basis. The Sensitive Price Index for the … Read more
Weekly review of Pakistan’s Economy, Stock Markets, and Sensitive Price Indicator during the week ending on 07th of April 2023. IMF Talks for 9th Review No favorable signs for the finalization of talks between the Government of Pakistan and the IMF for the ninth review of financial support have been witnessed during the week. Although … Read more
Highlights of the Economic Condition of Pakistan during the week ended 31st March 2023 9th Review of the IMF Program The most awaited 9th review of the IMF rollover plan is still underway due to the demand for reasonable guarantees by the IMF from the UAE and Saudi Arabia to fill the gap in the … Read more
An overview of the economic crisis and inflation in Pakistan for the week ended on 24th March 2023 The dollar reserves with the Central Bank increased to the level of 4.6 billion amid the release of Chinese commercial loan installment The foreign exchange reserves with the State Bank of Pakistan increased by USD 280 billion … Read more
Mini Budget 2023 Pakistan presented on 15th February 2023 imposing new taxes and increase in existing tax rates through Finance Supplementary Bill 2023 Consequent to the discussions with the IMF regarding the ninth review of an IMF Extended Fund Facility, the Finance Supplementary Bill 2023 has been presented in the parliament and announced by the … Read more
Dollar rate in Pakistan January 2023. Devaluation of the Pakistani Rupee with reference to the US Dollar during the month of January 2023 Since the second quarter of the year 2022, a sudden negative trend in the overall economy of Pakistan is being observed especially in the devaluation of the Rupee, with abnormal increase in … Read more
Further extension in the last date for tax return 2022 in Pakistan, for the persons with the normal tax year, has been granted by the FBR up to the 30th of November 2022. Previously the last date for tax returns was the 31st of October 2022 which was fixed by allowing an extension in the … Read more
A monthly overview of the Dollar Rate in Pakistan during September 2022 with reference to the Pakistani Rupee and its graphical representation Since the change in the Government of Pakistan in April 2022, the economy of Pakistan is showing abnormal and unprecedented behavior. Huge variations are being observed in the FE conversion rates with reference … Read more