News & Updates

News Update

28

Jan 2025

Jan 28, 2025 • 5 min read

Pakistan Gaming Growth Program 2025 Launched to Empower Local Developers

A Singapore-based data-driven programmatic and interactive advertising platform announced the launch of its “Pakistan Ga...

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News Update

28

Jan 2025

Jan 28, 2025 • 5 min read

Should Filers Boycott Tax Returns From Now on? [Opinion]

Perhaps filers should stop filing their tax returns. Even better, they should stop paying taxes on their taxable income...

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News Update

28

Jan 2025

Jan 28, 2025 • 5 min read

Wave Tech to Establish Pakistan’s First Lithium Battery Manufacturing Plant

Wave Tech has announced its plan to set up Pakistan’s first-ever lithium battery manufacturing plant at the Malir Indust...

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News Update

28

Jan 2025

Jan 28, 2025 • 5 min read

FBR Faces Over Rs. 435 Billion Tax Collection Shortfall in 7 Months of FY25

The Federal Board of Revenue (FBR) is projected to miss its tax collection target by over Rs. 435 billion during the fir...

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News Update

28

Jan 2025

Jan 28, 2025 • 5 min read

CDA Issues Notice Against Illegal Housing Scheme in Islamabad

The Capital Development Authority (CDA) has issued a stern warning against unauthorized housing schemes in Zone-4 of Isl...

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News Update

28

Jan 2025

Jan 28, 2025 • 5 min read

Digital Currency Could Be Launched in Pakistan: SBP Governor

Digital currency could be launched in Pakistan as the legal tender and the equivalent of banknotes, said Governor State...

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News Update

28

Jan 2025

Jan 28, 2025 • 5 min read

US Suspends All Foreign Aid to Pakistan

The United States has suspended all foreign aid to Pakistan for three months. The US State Department recently directed...

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News Update

28

Jan 2025

Jan 28, 2025 • 5 min read

Fauji Foods Posts Rs. 656 Million Profit in 2024

Fauji Foods Limited (PSX: FFL) has posted a Rs. 656 million profit after tax (PAT) for the calendar year ended on Decemb...

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News Update

28

Jan 2025

Jan 28, 2025 • 5 min read

OICCI Hosts 3rd Pakistan Climate Conference to Address Urgent Climate Challenges 

The third Pakistan Climate Conference, organized by the Overseas Investors Chamber of Commerce and Industry (OICCI), beg...

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News Update

27

Jan 2025

Jan 27, 2025 • 5 min read

SECP Intends to Improve Research Analyst Regulations

The Securities and Exchange Commission of Pakistan (SECP) has released a Consultation Paper to elicit public feedback on...

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News Update

27

Jan 2025

Jan 27, 2025 • 5 min read

FBR to Ban Property Transactions by Those With Undeclared Income and Assets

The Federal Board of Revenue (FBR) is set to tighten its grip on real estate transactions carried out through undeclared...

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News Update

27

Jan 2025

Jan 27, 2025 • 5 min read

Donald Trump Crypto Frenzy Fades Amid Bitcoin Correction Following $250,000 Prediction

Bitcoin’s trading volume surged by 222 percent on Monday to $55.3 billion but the cryptocurrency’s price fell 8.7 percen...

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News Update

27

Jan 2025

Jan 27, 2025 • 5 min read

PM Orders Power Division to Slash Electricity Tariff by Rs. 7 Per Unit

Prime Minister Shehbaz Sharif has ordered the Power Division to reduce electricity tariffs by Rs. 7 per unit for all con...

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News Update

27

Jan 2025

Jan 27, 2025 • 5 min read

Policy Rate Cut to Boost Investor’s Confidence: PM

Prime Minister Shehbaz Sharif on Monday said that the policy rate reduction by 1% by the State Bank of Pakistan would he...

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News Update

27

Jan 2025

Jan 27, 2025 • 5 min read

Peshawar Companies Allegedly Main Culprits in Rs. 106 Billion Solar Panel Import Scam

Senate Sub-Committee on Finance and Revenue convened on Monday to address a corruption scandal involving Rs. 106 billion...

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News Update

27

Jan 2025

Jan 27, 2025 • 5 min read

FBR Chairman Says Young Officers Need Over 1,000 Cars Worth Rs. 6 Billion to Work Properly

Chairman Federal Board of Revenue (FBR) Rashid Langrial on Sunday defended the Revenue Division’s controversial procurem...

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News Update

27

Jan 2025

Jan 27, 2025 • 5 min read

Apna Microfinance Bank Gets SBP Clearance to Appoint Nazish Ali As Acting CEO

Apna Microfinance Bank Limited (PSX: AMBL) has received clearance from the State Bank of Pakistan (SBP) to appoint Nazis...

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News Update

27

Jan 2025

Jan 27, 2025 • 5 min read

FBR Defends Buying 1,000+ Honda City Cars for Revenue Officers

The Federal Board of Revenue (FBR) has defended its procurement of 1,010 Honda City cars worth Rs. 6 billion for revenue...

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News Update

27

Jan 2025

Jan 27, 2025 • 5 min read

Faysal Bank Supports 10th Special Olympics Pakistan Unified Marathon

Faysal Bank Limited (FBL), one of the leading Islamic banks in Pakistan, extended its support for the 10th Special Olymp...

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News Update

27

Jan 2025

Jan 27, 2025 • 5 min read

PKR Down 2nd Day in a Row Against US Dollar

The Pakistani rupee (PKR) closed in red 2nd day in a row against the US Dollar (USD) today after opening trade at 279 in...

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News Update

27

Jan 2025

Jan 27, 2025 • 5 min read

FBR to Share List of Dual National Officials With Senate Committee 

The Federal Board of Revenue (FBR) will present a list of tax officials including family members having dual nationality...

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