News & Updates

News Update

26

Nov 2025

Nov 26, 2025 • 5 min read

Pakistan’s Gold Market Largely Unregulated, Controlled by Associations: CCP

A large number of gold traders in Pakistan are unregistered, cash transactions are conducted to evade taxes, and groups...

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News Update

26

Nov 2025

Nov 26, 2025 • 5 min read

Mobilink Bank and IMARAT Group Partner to Accelerate Housing Finance in Pakistan

Pakistan’s leading digital microfinance bank, Mobilink Bank has entered into a strategic partnership with IMARAT Group,...

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News Update

26

Nov 2025

Nov 26, 2025 • 5 min read

Pakistanis Buy Up to 90,000 Kgs of Gold Every Year

Pakistan’s annual gold demand stands between 60 and 90 tons worth $8-12 billion, yet more than 90 percent of the trade r...

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News Update

26

Nov 2025

Nov 26, 2025 • 5 min read

ATV Fires All Employees on Court Order

ATV channel’s operator Shalimar Recording & Broadcasting Company Limited (SRBC), which is owned by the government of Pak...

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News Update

26

Nov 2025

Nov 26, 2025 • 5 min read

Organic Meat Company Secures $5.2 Million Export Order from Saudi Arabia

The Organic Meat Company Limited (TOMCL) has received a $5.2 million export order from Al Abeer Cold Store Trading Compa...

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News Update

26

Nov 2025

Nov 26, 2025 • 5 min read

Pakistan’s First Asan Khidmat Center to Launch Soon — Over 100 Services Under One Roof

The federal government will inaugurate the Asan Khidmat Center in Islamabad in January 2026, with more than 60% of devel...

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News Update

26

Nov 2025

Nov 26, 2025 • 5 min read

Amreli Steels Gets SECP Approval for Rs. 1 Billion Direct Share Issuance to Sponsor

Amreli Steels Limited has received approval from the Securities and Exchange Commission of Pakistan (SECP) to issue up t...

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News Update

26

Nov 2025

Nov 26, 2025 • 5 min read

Altern Energy Moves Toward Termination of Key Agreements with Govt and CPPA

Altern Energy Limited (AEL) has announced it has initialled a Termination Agreement with the Government of Pakistan and...

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News Update

26

Nov 2025

Nov 26, 2025 • 5 min read

Gold Prices Continue to Rise in Pakistan

Gold prices in Pakistan extended their rally on Wednesday, mirroring gains in the international market and reflecting st...

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News Update

26

Nov 2025

Nov 26, 2025 • 5 min read

FBR is Now Going After Doctors and Beauty Salons Over Tax Evasion

The Federal Board of Revenue (FBR) has decided to audit professionals as part of its efforts to broaden the tax net, wit...

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News Update

26

Nov 2025

Nov 26, 2025 • 5 min read

Bank Alfalah Launches Alfa Business to Provide Merchants a Complete Digital Payment Solution

Bank Alfalah is one of the leading commercial bank and awarded for its digital excellence for four consecutive years by...

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News Update

26

Nov 2025

Nov 26, 2025 • 5 min read

CDA Issues Final Warning on Unapproved Construction

The Capital Development Authority has issued a final warning that no building or construction activity will be allowed a...

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News Update

26

Nov 2025

Nov 26, 2025 • 5 min read

Finance Minister Urges Faster Data Integration in FBR’s Tax Automation Push

Finance Minister Muhammad Aurangzeb reviewed progress on the Federal Board of Revenue’s digitization project, with offic...

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News Update

26

Nov 2025

Nov 26, 2025 • 5 min read

ADB Approves Additional $48 Million for Balochistan Water Project

The Asian Development Bank has approved an additional $48 million in financing for the Balochistan Water Resources Devel...

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News Update

26

Nov 2025

Nov 26, 2025 • 5 min read

IMF Stance on Sales Tax Exemption Stalls Pakistan’s $6 Billion Refinery Upgrade Plan

Pakistan’s ambitious $6 billion refinery upgrade programme has hit another roadblock after a visiting team of IMF tax ex...

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News Update

26

Nov 2025

Nov 26, 2025 • 5 min read

Punjab Revenue Authority Barred from Charging Sales Tax on Developed Plots

The Appellate Tribunal of the Punjab Revenue Authority (PRA) has ruled that the sale of developed plots by real estate d...

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News Update

26

Nov 2025

Nov 26, 2025 • 5 min read

OGDC Says Barrick Gold Restructuring Won’t Impact Reko Diq

Oil and Gas Development Company Ltd. (OGDC) has assured investors that the Reko Diq copper and gold project will remain...

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News Update

25

Nov 2025

Nov 25, 2025 • 5 min read

FTO Gives FBR 3 Days to Clear Backlog of Tax Return Extension Requests

The Federal Tax Ombudsman (FTO) has given the Federal Board of Revenue (FBR) only three days to dispose of all pending a...

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News Update

25

Nov 2025

Nov 25, 2025 • 5 min read

OGDCL Receives 5th Interest Payment, Total Payments Reach Rs. 38.65 Billion

Oil & Gas Development Company Limited (OGDCL) has received a total of Rs. 38.65 billion in interest payments so far from...

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News Update

25

Nov 2025

Nov 25, 2025 • 5 min read

Corruption Involving Billions of Rupees Uncovered in Stamp Paper Scandal

A massive stamp paper scandal has rocked the federal Treasury Office, as investigators uncover what appears to be one of...

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News Update

25

Nov 2025

Nov 25, 2025 • 5 min read

Pakistan’s Unemployment Rate Climbs to 7.1%

Pakistan’s unemployment rate has climbed to 7.1% over the past four years, up from 6.3% recorded in the 2020-21 Labor Fo...

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