News & Updates

2024-07-01 00:00:00
Admin

MetaTech Trading Ltd to Merge With Big Bird Foods

The Lahore High Court, in its order dated June 26, 2024, has approved the Scheme of Arrangement and...
2024-07-01 00:00:00
Admin

Govt Imposes Up to 55% Regulatory Duty on Imported Goods

The Finance Bill 2024 has imposed increased regulatory duties on a wide range of imported goods, wit...
2024-07-01 00:00:00
Admin

Govt Directs Ministries Not to Sell Duty-Free Goods Received as Gifts

The government has directed all Ministries to submit an undertaking that duty-free goods received as...
2024-07-01 00:00:00
Admin

JS Bank PACRA Rating Upgraded to “AA” for Exceptional Financial Performance

JS Bank, a premier financial institution renowned for its dedication to excellence and innovation, h...
2024-07-01 00:00:00
Admin

Pakistan Misses Inflation Target of 21% For FY24

Pakistan’s Consumer Price Index (CPI) based inflation increased to 12.6 percent year-on-year (YoY) i...
2024-07-01 00:00:00
Admin

Dealers Threaten to Shut Down Petrol Pumps

The Pakistan Petroleum Dealers Association (PPDA) has threatened to shut down petrol stations nation...
2024-07-01 00:00:00
Admin

Kohat Textile Mills Inks Contract With SkyElectric for 3MW Solar Power System

Kohat Textile Mills Limited (PSX: KOHTM) has signed a contract with SkyElectric (Pvt.) Limited for t...
2024-07-01 00:00:00
Admin

Packaged Milk Is Now 25% More Expensive Thanks to New Taxes

The price of packaged milk has increased by Rs. 75 per liter or 25 percent after the federal governm...
2024-07-01 00:00:00
Admin

Cement Prices Increase in Pakistan After Budget

The retail price of cement has been increased up to Rs. 120 per bag in Pakistan. According to JS Glo...
2024-07-01 00:00:00
Admin

Salaried Class Appeals to Supreme Court Against ‘Unfair Taxes’ in Budget

The Salaried Class Alliance of Pakistan has appealed to the Supreme Court of Pakistan to take suo mo...
2024-07-01 00:00:00
Admin

Hascol Losses Increase by 26% to Rs. 18 Billion in 2023

Hascol Petroleum Limited has announced its financial results for the calendar year ended 31 December...
2024-07-01 00:00:00
Admin

FBR Exceeds Tax Collection Target for FY24

The Federal Board of Revenue (FBR) has comfortably achieved its revenue collection target for FY 202...
2024-06-30 00:00:00
Admin

Govt Announces Increase in Prices of Petrol and Diesel

The federal government on Sunday announced an increase in the prices of petroleum products. Accordin...
2024-06-30 00:00:00
Admin

ECC Approves Gas Tariff Hike For Captive Power Plants to Meet IMF Demand For New Loan

The Economic Coordination Committee has approved natural gas sale pricing effective July 1, 2024, to...
2024-06-30 00:00:00
Admin

CCP Approves Merger of Nova Frontiers, Gatron Industries in Textile Yarn Sector

The Competition Commission of Pakistan (CCP) has approved a merger in the textile yarn sector. The a...
2024-06-30 00:00:00
Admin

Pakistan to Hire Chinese Credit Rating Agency For Issuance of Panda Bond

Ministry of Finance (Finance Division), Government of Pakistan intends to carry out a Panda Bond tra...
2024-06-30 00:00:00
Admin

Govt to Tax Dual Nationals, Tech Companies for Income Generated in Pakistan

The government has expanded the scope of taxation for those non-residents who earn income in Pakista...
2024-06-30 00:00:00
Admin

Aurangzeb Confident to Get New IMF Loan After Passage of Tax-Heavy Budget

Finance Minister Muhammad Aurangzeb said today he was quite optimistic that Pakistan will get a new...
2024-06-30 00:00:00
Admin

President Asif Ali Zardari Approves IMF-Made Finance Bill 2024

President Asif Ali Zardari has approved the Finance Bill 2024 under Article 75 for fiscal year 2024-...
2024-06-30 00:00:00
Admin

Pakistan’s Disastrous IMF-Made Budget: Tax Everything, Give Nothing, Expect Nothing

Pakistan on Friday quickly passed the IMF-made Federal Budget 2024-25 with some 11th-hour tweaks tha...

Sign Up for Your Free 1st Accounting Consultation