News & Updates

News Update

31

Jan 2025

Jan 31, 2025 • 5 min read

Govt Increases Petrol Price for Third Time in Just Over 30 Days

The federal government has notified the new prices of petroleum products for the next fortnight.   According to the noti...

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News Update

31

Jan 2025

Jan 31, 2025 • 5 min read

Short-Term Inflation in Pakistan Rises 0.44% 

The Sensitive Price Index (SPI) based inflation for the week ended January 30, 2024, increased by 0.44 percent on a year...

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News Update

31

Jan 2025

Jan 31, 2025 • 5 min read

FBR Misses Tax Collection Target for January, 7-Month Shortfall Crosses Rs. 450 Billion

The total tax collection of the Federal Board of Revenue (FBR) stood at Rs. 872 billion during January 2025 against the...

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News Update

31

Jan 2025

Jan 31, 2025 • 5 min read

PSX Closes Over 1,000 Higher to End Week 

The 100-Index of the Pakistan Stock Exchange (PSX) continued with bullish trend on Friday, gaining 1,049.33 more points,...

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News Update

31

Jan 2025

Jan 31, 2025 • 5 min read

Govt Under Pressure to Allow Property Purchases of Up to Rs. 25 Million

The Federal Board of Revenue (FBR) is considering allowing property purchases of up to Rs. 10 million without requiring...

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News Update

31

Jan 2025

Jan 31, 2025 • 5 min read

CCP, SECP Hold Joint Meeting to Strengthen Regulatory Cooperation 

The Competition Commission of Pakistan (CCP) and the Securities and Exchange Commission of Pakistan (SECP) held a produc...

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News Update

31

Jan 2025

Jan 31, 2025 • 5 min read

Gold Rate in Pakistan Remains at Record High

The price of gold in Pakistan held firm on Friday at the all-time high mark achieved yesterday.  The price of 24 karat p...

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News Update

31

Jan 2025

Jan 31, 2025 • 5 min read

IRS Officers Association Rejects Faisal Vawda’s Allegations Against FBR Officers

The Inland Revenue Service Officers Association (IRSOA) has strongly rejected Senator Faisal Vawda’s allegations that Fe...

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News Update

30

Jan 2025

Jan 30, 2025 • 5 min read

SECP Proposes Amendments to REIT Regulations

The Securities and Exchange Commission of Pakistan (SECP) has issued notification for public consultations on the propos...

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News Update

30

Jan 2025

Jan 30, 2025 • 5 min read

Govt to Simplify Tax Return Form for Salaried Class

Finance Minister Muhammad Aurangzeb Thursday informed the Senate Standing Committee on Finance and Revenue that efforts...

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News Update

30

Jan 2025

Jan 30, 2025 • 5 min read

FBR Likely to Miss Tax Collection Target for January

The Federal Board of Revenue (FBR) faces an uphill task to meet the revenue collection target for January 2025.  Accordi...

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News Update

30

Jan 2025

Jan 30, 2025 • 5 min read

Loans to Agriculture Sector Surge to Rs. 1.26 Trillion in 1HFY25 

The credit disbursement to the agriculture sector surged to Rs. 1.26 trillion by the end of the first half of the curren...

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News Update

30

Jan 2025

Jan 30, 2025 • 5 min read

Govt Likely to Impose Excise Duty on Sugar

The government is considering imposing a federal excise duty (FED) of Rs 3-4 per kilogram on sugar, sources told ProPaki...

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News Update

30

Jan 2025

Jan 30, 2025 • 5 min read

Rupee Suddenly Drops Near 279 Against US Dollar After Brief Respite

The Pakistani rupee (PKR) closed in red after a brief respite against the US Dollar (USD) today after opening trade at 2...

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News Update

30

Jan 2025

Jan 30, 2025 • 5 min read

PTA Urges International Travelers to Pay FBR Taxes for Mobile Registration 

The Pakistan Telecommunication Authority (PTA) Thursday reminded international travelers bringing mobile devices into Pa...

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News Update

30

Jan 2025

Jan 30, 2025 • 5 min read

Bank Makramah Gets Court Approval for Recovery of Rs. 10 Billion Bad Loans

Bank Makramah Limited (PSX: BML) and OMNI Group have received court approval for their settlement application, the bank...

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News Update

30

Jan 2025

Jan 30, 2025 • 5 min read

Atlas Honda Bikes Profit Rises by Massive 75% in 9 Months

Atlas Honda Limited (PSX: ATLH) has announced Rs. 10.6 billion profit for the 9 months that ended December 31, 2024, dep...

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News Update

30

Jan 2025

Jan 30, 2025 • 5 min read

HBL, Led by President & CEO Muhammad Nassir Salim, Unveils Third Sustainability Report, Reinforcing Commitment to United Nation’s SDGs & ESG Principles

HBL, Pakistan’s leading bank, transparently reflects its enduring commitment to a better tomorrow through its third Impa...

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News Update

30

Jan 2025

Jan 30, 2025 • 5 min read

Rs. 23 Crore Cheque for National Police Foundation Plot Rejected

A Rs. 230 million cheque from a private company, deposited as the second installment for a 5,000-square-yard plot auctio...

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News Update

30

Jan 2025

Jan 30, 2025 • 5 min read

Security Papers Limited Achieves 7.5% Profit Growth for H1

Security Papers Limited (SPL) has announced its unaudited financial results for the half year ended December 31, 2024. T...

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News Update

30

Jan 2025

Jan 30, 2025 • 5 min read

Bank Alfalah Reports Rs. 38.3 Billion Profit for 2024

The Board of Directors of Bank Alfalah Limited (BAFL), in its meeting held on January 30, 2025, approved the Bank’s fina...

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