News & Updates

News Update

04

Feb 2025

Feb 04, 2025 • 5 min read

FBR Fixes New Customs Values on Import of Lithium Batteries 

Directorate General of Customs Valuation Karachi has fixed new customs values on the import of Lithium batteries.  Accor...

Read Full Article

News Update

04

Feb 2025

Feb 04, 2025 • 5 min read

Interest on Loans to 14 Govt Entities Surges Over Rs. 305 Billion

The interest on loans taken by 14 government-owned entities has surged by Rs. 211 billion, bringing the total outstandin...

Read Full Article

News Update

04

Feb 2025

Feb 04, 2025 • 5 min read

Renewable Projects, $2B Investment Plans for KHI: KE Receives AA/A1+ Rating

KE’s strong financial standing has been reaffirmed by VIS Credit Rating Company, which has maintained its AA/A1+ rating...

Read Full Article

News Update

04

Feb 2025

Feb 04, 2025 • 5 min read

Govt to Raise Rs. 6.8 Trillion Debt in February-April

The government aims to raise Rs. 6.825 trillion from the domestic debt market over three months (February-April). A subs...

Read Full Article

News Update

04

Feb 2025

Feb 04, 2025 • 5 min read

Petroleum Sales in Pakistan Up 4% in 7 Months of FY25

Pakistan recorded OMC sales of 1.38 million tons in January 2025, the same as last year. During 7MFY25, total sales of p...

Read Full Article

News Update

04

Feb 2025

Feb 04, 2025 • 5 min read

SECP Conducts Capacity Building Session on Electronic Mortgage Register

To ensure the effective implementation of Electronic Mortgage Register (EMR), SECP, in collaboration with the Pakistan B...

Read Full Article

News Update

04

Feb 2025

Feb 04, 2025 • 5 min read

FBR Demands More Resources to Bridge Tax Gap of Rs. 7 Trillion 

The Federal Board of Revenue (FBR) has requested the federal government to provide more staff and resources to bridge th...

Read Full Article

News Update

04

Feb 2025

Feb 04, 2025 • 5 min read

Aurangzeb for Strategic Initiatives to Strengthen CCP’s Enforcement Framework 

Finance Minister Muhammad Aurangzeb Tuesday directed the Competition Commission of Pakistan (CCP) to take strategic init...

Read Full Article

News Update

04

Feb 2025

Feb 04, 2025 • 5 min read

PSX Suspends Trading in Shares of 9 Listed Companies

Pakistan Stock Exchange has suspended trading in the shares of nine companies for breaching regulations. The main bourse...

Read Full Article

News Update

03

Feb 2025

Feb 03, 2025 • 5 min read

PM Summons Report on New Job Opportunities Created Last Year

The Prime Minister has summoned reports from federal ministries or divisions about new job opportunities created last ye...

Read Full Article

News Update

03

Feb 2025

Feb 03, 2025 • 5 min read

FPCCI Backs Proposed Tax Incentives for Real Estate Sector 

Federation of Pakistan Chambers of Commerce & Industry (FPCCI) President Atif Ikram Sheikh has appreciated the proposed...

Read Full Article

News Update

03

Feb 2025

Feb 03, 2025 • 5 min read

We Can’t Stop Import or Smuggling of Indian Phones: PTA

The Pakistan Telecommunication Authority (PTA) has clarified that preventing the import or smuggling of Indian-made iPho...

Read Full Article

News Update

03

Feb 2025

Feb 03, 2025 • 5 min read

Millat Tractors to Challenge FBR’s ‘Illegal’ Rs. 18 Billion Sales Tax Liability

Millat Tractors Limited (PSX: MTL) has decided to challenge the Federal Board of Revenue’s (FBR) order of Rs. 18 billion...

Read Full Article

News Update

03

Feb 2025

Feb 03, 2025 • 5 min read

FIA Catches Currency Dealer Selling Fake Currency Notes in Punjab

The Federal Investigation Agency (FIA) Faisalabad arrested a currency exchange dealer in Farooqabad (Punjab) on Sunday f...

Read Full Article

News Update

03

Feb 2025

Feb 03, 2025 • 5 min read

Rupee Gains Over Rs. 5 Against Euro, Drops to 279 Against US Dollar

The Pakistani rupee (PKR) closed in red to start February 2025 against the US Dollar (USD) today after opening trade at...

Read Full Article

News Update

03

Feb 2025

Feb 03, 2025 • 5 min read

Sindh Approves Agricultural Income Tax Bill 2025 

The Sindh Cabinet approved the Agriculture Income Tax law during its meeting, proposing that agricultural income up to R...

Read Full Article

News Update

03

Feb 2025

Feb 03, 2025 • 5 min read

Pakistan’s Trade Deficit Widens by 18% in January 2025 

Pakistan’s trade deficit widened by 18 percent year-on-year (YoY) in January 2025 to $2.3 billion as compared to a defic...

Read Full Article

News Update

03

Feb 2025

Feb 03, 2025 • 5 min read

Pakistan, Saudi Arabia Sign $1.2 Billion Oil Import Financing Facility

A delegation of Saudi Fund for Development (SFD), led by Sultan bin Abdul Rahman Al-Marshad, Chief Executive Officer (CE...

Read Full Article

News Update

03

Feb 2025

Feb 03, 2025 • 5 min read

Utility Store Sales Up 17% in January 2025 Despite Zero Govt Subsidy

Utility Store sales surprisingly reported a 17 percent increase in January 2025 compared to December 2024 The state-owne...

Read Full Article

News Update

03

Feb 2025

Feb 03, 2025 • 5 min read

Gold Price in Pakistan Climbs to Fresh All-Time High  

The price of 24 karat per tola gold increased by Rs. 200 and was sold at Rs. 292,400 on Monday against its sale at Rs. 2...

Read Full Article

News Update

03

Feb 2025

Feb 03, 2025 • 5 min read

Aurangzeb Highlights Environmental, Climate Risks Faced by Pakistan in Meeting with V20 Delegation

A delegation from the Climate Vulnerable Forum (CVF) – V20, representing a coalition of finance ministers from countries...

Read Full Article