News & Updates

2024-06-24 00:00:00
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Gold Price in Pakistan Nudges Up Slightly

The price of gold in Pakistan rose by Rs. 500 per tola on Monday. According to data issued by the Ka...
2024-06-24 00:00:00
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Rupee Abruptly Falls Against US Dollar, Other Major Currencies

The Pakistani rupee (PKR) began the final week of June with losses against the US Dollar today after...
2024-06-24 00:00:00
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Millat Tractors Denies Reports of Being Fined Rs. 5.4 Billion for Sales Tax Audit Discrepancy

Millat Tractors Limited (PSX: MTL) has denied media reports about being fined Rs. 5.4 billion in sal...
2024-06-24 00:00:00
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Govt Committed to Promote Semiconductors Industry, AI, Quantum Technology: Planning Minister

The federal government is committed to promote the semiconductors industry, Artificial Intelligence...
2024-06-24 00:00:00
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Govt Has No Money so Equity Swaps only Option to Settle Pending Dues: PSO

Pakistan State Oil (PSO) has proposed equity swaps to settle its receivables balance with the federa...
2024-06-24 00:00:00
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Finance Minister Assures Business Leaders Their Proposals Will Be Considered in Budget 2024-25

A delegation of Pakistan Business Council (PBC) led by Chairman PBC Shabbir Diwan called on Federal...
2024-06-24 00:00:00
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PSX Prohibits Brokers From Making Cash Withdrawals From Clients’ Bank Accounts

The Pakistan Stock Exchange (PSX) has prohibited securities brokers from making cash withdrawals fro...
2024-06-24 00:00:00
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Govt to Set Up Project Management Unit For Hiring New Talent For SIFC

The federal government has decided to establish a Project Management Unit (PMU) to hire the best tal...
2024-06-24 00:00:00
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Telcos Asks SIFC to Abolish Fines, Advance Tax on Non-Filers in Finance Bill

The Telecom Operators Association has made an urgent appeal to the Special Investment Facilitation C...
2024-06-24 00:00:00
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Finance Bill 2024 Empowers FBR to Probe Tax Fraud Suspects

Finance Bill 2024 has empowered Inland Revenue officials to conduct an investigative audit of person...
2024-06-24 00:00:00
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Cryptocurrencies Suffer Second-Worst Crash of 2024

Cryptocurrencies had their second-worst weekly drop of 2024 as global investors cooled off their int...
2024-06-24 00:00:00
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Electricity Worth Rs. 600 Billion is Stolen Every Year: Minister

Pakistan loses Rs. 600 billion per year due to electricity theft, Energy Minister Owais Ahmad Laghar...
2024-06-23 00:00:00
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Is Pakistan’s News Industry Headed For An Extinction-Level Event?

Some years after side-stepping legacy media as the go-to source for news about current affairs, Paki...
2024-06-23 00:00:00
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Govt Crackdown Against Dealers is Creating Shortage in Market: LPG Association

The All Punjab LPG Distributors Association said that the government’s recent crackdown against the...
2024-06-23 00:00:00
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Govt Once Again Fails to Approve Solar Panel Policy

The government has once again delayed approving a new policy for solar panel manufacturing due to on...
2024-06-23 00:00:00
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Pakistan Fintech Association Urges Strong Governance, Greater Distribution Partnerships for Raast

The Pakistan Fintech Association (PFA) is calling on all fintech companies, both regulated and non-r...
2024-06-23 00:00:00
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Senate Committee Rejects Proposal of 18% Sales Tax on Mobile Phones

The Senate Standing Committee on Finance and Revenue has rejected the government’s budget proposal t...
2024-06-23 00:00:00
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Chairman Finance Committee Criticizes FBR for Using Aggressive Tactics to Meet Tax Targets

Chairman Senate Finance Committee Salim Mandviwala has criticized the Federal Board of Revenue (FBR)...
2024-06-23 00:00:00
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Senate Panel Recommends Mandatory Credit/Debit Card Transactions for Purchases Exceeding Rs. 30,000

The Senate Standing Committee on Finance and Revenue convened its 9th consecutive session to finaliz...
2024-06-23 00:00:00
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Telecom Industry Warns New Budget Taxes on Phones, Services Will Hamper Digital Progress

The telecom industry raised alarms over the proposed imposition of taxes on mobile handsets and tele...

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