News & Updates

News Update

21

Jan 2025

Jan 21, 2025 • 5 min read

PTA Urges Telecom Consumers to Pay Applicable FBR Taxes for Mobile Device Registration

The Pakistan Telecommunication Authority (PTA) and the Federal Board of Revenue (FBR) are actively working to raise publ...

Read Full Article

News Update

21

Jan 2025

Jan 21, 2025 • 5 min read

FBR to Test-run Rating and Reward System Today

The Federal Board of Revenue (FBR) will test-run the rating and reward system today. This system was developed under the...

Read Full Article

News Update

21

Jan 2025

Jan 21, 2025 • 5 min read

Science Ministry Resends Controversial Summary for Appointment of DG PSQCA

The delay in appointing a regular head for the Pakistan Standards and Quality Control Authority (PSQCA) has once again b...

Read Full Article

News Update

21

Jan 2025

Jan 21, 2025 • 5 min read

50% of Pakistan’s Economy Runs on Black Money

Half of Pakistan’s economy is run on black money while tax authorities have now been cleared to hire 1,600 auditors to t...

Read Full Article

News Update

21

Jan 2025

Jan 21, 2025 • 5 min read

AIRLINK to Buy Industrial Plots for Rs. 572 Million to Expand Operations

Air Link Communication Limited (PSX: AIRLINK) has decided to buy industrial land worth Rs. 572 million, the company info...

Read Full Article

News Update

21

Jan 2025

Jan 21, 2025 • 5 min read

CCP Clears 95.59% Share Acquisition of Alfalah Securities by Optimus Capital

The Competition Commission of Pakistan (CCP) has approved the acquisition of a 95.59 percent shareholding in Alfalah Sec...

Read Full Article

News Update

21

Jan 2025

Jan 21, 2025 • 5 min read

Pakistan’s Textile Exports Rise 5th Month in a Row

Pakistan Textile exports clocked in at US$ 1.5 billion in December 2024, up 6 percent year on year and 1 percent month o...

Read Full Article

News Update

20

Jan 2025

Jan 20, 2025 • 5 min read

Bitcoin Hits New All-Time High After Breaching $108,000 2nd Time in History

Bitcoin broke a new all-time high on Monday afternoon (Islamabad time), smashing past $108,000 per coin for only the sec...

Read Full Article

News Update

20

Jan 2025

Jan 20, 2025 • 5 min read

Punjab Expands Property Tax to Housing Societies Outside Cities

Punjab has expanded its property tax collection system to include housing societies outside urban areas for the first ti...

Read Full Article

News Update

20

Jan 2025

Jan 20, 2025 • 5 min read

CCP to Announce Decision on PTCL-Telenor Merger Soon

The Competition Commission of Pakistan (CCP) will soon share its decision on the Pakistan Telecommunication Company Limi...

Read Full Article

News Update

20

Jan 2025

Jan 20, 2025 • 5 min read

New Gwadar International Airport Now Operational

The Pakistan Airports Authority on Monday announced the commencement of operations at the New Gwadar International Airpo...

Read Full Article

News Update

20

Jan 2025

Jan 20, 2025 • 5 min read

Price of Gold in Pakistan Slightly Up After International Rate Increases

The price of 24 karat per tola gold increased by Rs. 500 and was sold at Rs. 282,900 on Monday against its sale at Rs. 2...

Read Full Article

News Update

20

Jan 2025

Jan 20, 2025 • 5 min read

Rousch (Pakistan) Power Ltd Terminates IPP Contract With Govt

Rousch (Pakistan) Power Limited (RPPL), a subsidiary of Power Management Company (Private) Limited, has terminated its p...

Read Full Article

News Update

20

Jan 2025

Jan 20, 2025 • 5 min read

IT Ministry Finally Shares 5G Launch Date For This Year

The Ministry of IT and Telecom has laid out a comprehensive timeline for the launch of 5G services in Pakistan. A June 2...

Read Full Article

News Update

20

Jan 2025

Jan 20, 2025 • 5 min read

New Laws Ready to Restrict Non-Filers from Buying Cars, Property, Stocks

The National Assembly Standing Committee on Finance will discuss the Tax Laws (Amendment) Bill, 2024 on Tuesday. The pro...

Read Full Article

News Update

20

Jan 2025

Jan 20, 2025 • 5 min read

OGDC Commences Gas Production At Exploratory Well in Rahim Yar Khan

Oil & Gas Development Company Limited (PSX: OGDC) has commenced gas production at an exploratory well in Rahim Yar Khan,...

Read Full Article

News Update

20

Jan 2025

Jan 20, 2025 • 5 min read

Power Generation Slightly Up in December 2024 Despite 11% Decline in Fuel Cost

Pakistan’s power generation increased by 2 percent on a year-on-year (YoY) basis to 7,800 GWh in December 2024, compared...

Read Full Article

News Update

20

Jan 2025

Jan 20, 2025 • 5 min read

Finance Minister Off to Davos for World Economic Forum 2025

Federal Minister for Finance and Revenue Muhammad Aurangzeb has departed for Davos, Switzerland, to participate in the 5...

Read Full Article

News Update

20

Jan 2025

Jan 20, 2025 • 5 min read

Senator Barred From Introducing Bill to Legalize Cryptocurrencies in Pakistan

Senator Dr. Afnan Ullah Khan was blocked from introducing the Virtual Assets Bill 2025 during a session of the Upper Hou...

Read Full Article

News Update

20

Jan 2025

Jan 20, 2025 • 5 min read

Punjab to Stop Illegal Housing Schemes in 32 Districts

The Punjab Local Government and Community Development Department has completed land-use and zoning plans for 32 district...

Read Full Article

News Update

19

Jan 2025

Jan 19, 2025 • 5 min read

Use of Robots in Pakistani Industries Expected to Rise: Study

Pakistan’s manufacturing sector is gradually embracing robotics for industrial automation mainly to enhance efficiency,...

Read Full Article