News & Updates

2024-06-21 00:00:00
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Car Financing Declines 23rd Month in a Row

Car financing continued to fall 23 months in a row in the calendar year 2024, down 22.5 percent YoY...
2024-06-21 00:00:00
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SECP Launches 3-Month Regularization Scheme for Companies

The Securities and Exchange Commission of Pakistan (SECP) has introduced the Companies Regularizatio...
2024-06-21 00:00:00
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World Bank Approves $535 Million Loan to Support Two Projects in Pakistan

The World Bank’s Board of Executive Directors approved $535 million in financing for Pakistan to sup...
2024-06-21 00:00:00
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NEPRA Imposes Fixed Charges of Up to Rs. 1,000 Per Month on Electricity Consumers

The National Electric Power Regulatory Authority (NEPRA) has imposed fixed charges ranging from Rs....
2024-06-21 00:00:00
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Salaried Class Penalized While Agriculture Sector Evades Taxes: Salaried Class Alliance

The salaried class pays tax on gross earnings without any allowable deduction, as against other clas...
2024-06-21 00:00:00
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PSX Hits 80,000 Points For the First Time in History

The Pakistan Stock Exchange’s (PSX) benchmark KSE-100 Index surged by over 1,200 points on Friday to...
2024-06-21 00:00:00
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ADB Rates $1.2 Million Technical Assistance to Pakistan for Electricity Market as Successful

The Independent Evaluation Department (IED) of the Asian Development Bank (ADB) has rated technical...
2024-06-21 00:00:00
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Pakistan’s Mobile Imports Cross Rs. 450 Billion in 11 Months of FY24

The country imported mobile phones worth Rs. 458.472 billion during the first 11 months of the curre...
2024-06-21 00:00:00
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SBP Reserves up $31 Million to $9.13 Billion

The foreign exchange reserves held by the State Bank of Pakistan (SBP) increased slightly on a weekl...
2024-06-20 00:00:00
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Cabinet Committee Directs to Initiate Process for Winding Up PTDC

Federal Minister for Finance Senator Muhammad Aurangzeb presided over a meeting of the Cabinet Commi...
2024-06-20 00:00:00
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APTMA Urges Govt to Rethink Regressive Tax Measures Against Textile Sector

The All Pakistan Textile Mills Association (APTMA) has voiced serious concerns regarding the “regres...
2024-06-20 00:00:00
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Minister Directs Third-Party Audit of Fertilizer Companies to Determine Production Costs

Federal Minister for Industries and Production Rana Tanveer Hussain Thursday directed that a third-p...
2024-06-20 00:00:00
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Senate Body Directs FBR to Revisit Policy on Punishing Telcos For Its Non-Filer Issue

The Federal Board of Revenue (FBR) has been ordered to create a structured penalty table for non-fil...
2024-06-20 00:00:00
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Pakistan Now Fulfils 95% of its Mobile Phone Demand Through Local Production

Local manufacturing/assembling of mobile phones in Pakistan surged by 55 percent to 2.23 million uni...
2024-06-20 00:00:00
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Most Parliamentarians Own Smuggled Vehicles: Senator Faisal Vawda

Senator Faisal Vawda on Thursday claimed that most parliamentarians own smuggled vehicles. He said t...
2024-06-20 00:00:00
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Eid-ul-Adha: Pakistanis Sacrificed Animals Worth Over Rs. 500 Billion

The Pakistan Tanners Association announced that Eid ul Adha saw the sacrifice of more than 680,000 l...
2024-06-20 00:00:00
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Yousuf Dewan Companies Revive the Legendary Shehzore and Electrify Pakistan with Honri VE in a Dual Launch

Those who thought that an electric car for the masses of Pakistan was a far-fetched dream, were awes...
2024-06-20 00:00:00
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Gold Price in Pakistan Remains Unchanged

The price of gold in Pakistan remain unchanged after the holiday break on Thursday. According to dat...
2024-06-20 00:00:00
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Pak Rupee Declines in Value Against Big Currencies After Eid

The Pakistani rupee (PKR) ended its 2-day win streak against the US Dollar today after opening trade...
2024-06-20 00:00:00
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Senate Committee Opposes Increasing Tax on Electric, Hybrid Cars in Budget 2024-25

A meeting of the Senate Standing Committee on Finance and Revenue was held under the chairmanship of...

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