Author: zerfeshan arshad

KARACHI: According to currency traders, the rupee may take a knock from rising global commodity prices, continuing under pressure against the US dollar in the next week. The local currency lost one rupee versus the dollar at the conclusion of the trading week, finishing at Rs178.51 on Friday, down from last week’s closing level of Rs178.50. The currency traders emphasized that Pakistan’s internal requirements are heavily reliant on the import of global commodities such as oil, gas, coal, and palm oil, but that the global crisis triggered by the Russia-Ukraine war has resulted in a spike in commodity prices, particularly…

ISLAMABAD: In partnership with the Federal Investigation Agency (FIA) and mobile phone operators, the Federal Board of Revenue (FBR) and Pakistan Telecommunications Authority (PTA) have devised a new system for temporary registration of abroad Pakistani and foreign nationals mobile devices. This module was created for overseas Pakistanis and foreign nationals who do not plan to maintain their mobile device in Pakistan, and it will only be applicable to one mobile cellular device. To use this service, the applicant must supply his or her credentials, which include a passport number, arrival and departure dates, a mobile SIM card issued in his…

The National Database and Registration Authority (NADRA), Securities and Exchange Commission of Pakistan (SECP), Punjab Information Technology Board (PITB), Accountant General Pakistan Revenues (AGPR), State Bank of Pakistan (SBP), 1LINK, telcos, and Punjab Land Record, according to the Annual Performance Report (2020-21), have established functional data bridges with provincial revenue agencies and other state departments across the country. According to the report, the FBR lacks the ability to evaluate huge data in order to discover tax evasion. It was highlighted that the establishment of ICT infrastructure and a well-resourced data analysis and research unit to integrate and analyze big data…

To address the concerns of the business community, the Federal Board of Revenue (FBR) has decided to eliminate several Customs checkpoints. According to sources, the tax department has decided to close 12 of the 47 Customs checkpoints right now. Customs officials recently informed the FBR Chairman on the subject, and it was agreed to put the decisions into effect right away by informing the Customs collectors. According to sources, the business sector has complained that Customs employees mint money at almost every checkpoint. According to sources, Customs authorities will inspect imported items from Iran and Afghanistan at checkpoints set up…

Wuyang Honda, a Honda reseller in China, has released the CG125 Special. The CG 125 is similar to the Atlas Honda CG 125 marketed in Pakistan. In comparison to current bikes, it has a totally analog instrument cluster that seems archaic and rudimentary. It is, nevertheless, one of the features that distinguish the CG 125 Special. The long fuel tank and spherical mirrors, as well as the boxy headlight, tail light, and indicators that maintain their conventional illumination, have remained mostly intact since it was introduced in 1976. The new, limited-edition CG 125, on the other hand, foregoes chrome in…

KARACHI: The gold rate remained steady in Pakistan despite stability in the worldwide market and the rupee strengthening against the US dollar. On Saturday, gold prices were Rs130,750 per tola and Rs112,097 for ten kilos, according to the All Sindh Sarafa Association’s rates. During the week ending March 12, the yellow metal earned Rs1,350 per tola on the local market. The rupee-dollar parity and international rates are used by the association to establish local pricing. Local gold prices normally fall as the rupee appreciates against the US dollar and commodity prices rise in the international market, according to market practice.…

Samsung will have a Galaxy A Event next week on March 17 to reveal the new Galaxy A series phone, according to renowned leakster Evan Blass (s). Samsung hasn’t said anything about the Galaxy A Event yet, but you may anticipate an announcement shortly. pic.twitter.com/IvI2zTeh61 — Ev (@evleaks) March 11, 2022

Companies that make smartphones are increasing their operations in Pakistan. Major manufacturers such as Samsung, Xiaomi, Oppo, and a few others are already building smartphones in-house, which is steadily lowering the cost of mobile phones. Apple, one of the world’s largest phone manufacturers, may be coming to Pakistan as well. Javed Afridi, the Chairman of Peshawar Zalmi and the CEO of Haier, has said that he has previously spoken with Apple about local manufacture in Pakistan. Already in touch with @Apple ! — Javed Afridi (@JAfridi10) March 11, 2022 Javed Afridi is also responsible for the introduction of MG,…

Sajal Aly’s popularity reflects realme’s status as a stylish, cutting-edge, and one-of-a-kind brand, with several awards under her belt. realme has officially announced a relationship with Sajal Aly, a major figure in Pakistani cinema and television, as the brand ambassador for its new realme 9 Series. This is a significant step since it is the first time in Sajal’s storied career that she has collaborated with a smartphone brand, and realme is a company that is just as enthusiastic about working with tomorrow’s movers and shakers as Sajal is. realme’s cooperation with Sajal was revealed during realme Design Studio’s work…

KARACHI: Gold fell slightly on Friday as the rupee recovered after four days of losses, with the yellow metal continuing to be pressured by optimism that the recovery phase would keep equities and the currency stable. In comparison to Thursday’s pricing, the rates declined by Rs450 per tola to Rs130,750 and by Rs386 per 10 gram to Rs112,097. Read more: Gold rate in UAE Today On Thursday, gold prices were Rs131,200 per tola and Rs112,483 for ten kilos, according to the All Sindh Sarafa Association’s rates (March 10). The rupee-dollar parity and international rates are used by the association to…