News & Updates

2024-08-07 00:00:00
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FTO Orders FBR to Facilitate Timely Sales Tax Refunds Via PRA

Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue’s (FBR)  Chief (Sales Tax Refu...
2024-08-07 00:00:00
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BF Biosciences Limited Applies for IPO At PSX

Pakistan Stock Exchange on Wednesday informed investors that BF Biosciences Limited has applied for...
2024-08-07 00:00:00
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Pakistani Dollar Bonds Up 30%, Best in Asia

Pakistani dollar bonds have surged 30 percent this year, the highest in Asia, due to markets’ positi...
2024-08-07 00:00:00
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Govt to Give New Power Incentives to Industry in Next Two Months

The federal government will introduce new power incentive packages over the next two months, accordi...
2024-08-06 00:00:00
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SIUT Trust Inks Deal for Regent Plaza Hotel

A formal agreement signing and transfer of the title and possession was carried between SIUT (Sindh...
2024-08-06 00:00:00
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SBP Merges NIBAF and IBP to Launch NIBAF Pakistan

State Bank of Pakistan (SBP) has merged its two subsidiaries– National Institute of Banking and Fina...
2024-08-06 00:00:00
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Pakistan Inches Closer to IMF Loan After Securing Debt Extension Assurances

Pakistan has moved one step closer to clinching final approval from the International Monetary Fund...
2024-08-06 00:00:00
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Govt to Bring Down Urea Companies’ Profit Margins to 20%

Federal Minister Industries and Production Rana Tanveer Hussain on Tuesday said urea fertilizer comp...
2024-08-06 00:00:00
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Gold Rate in Pakistan Falls Slightly But Remains Close to Record High

The price of gold in Pakistan fell slightly on Tuesday despite an increase in the international mark...
2024-08-06 00:00:00
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Driving Financial Inclusion: Faysal Bank’s Amal Women’s Account Now Digital

Faysal Bank has announced the launch of its ‘Faysal Islami Amal Women Digital Account’. This account...
2024-08-06 00:00:00
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Industry Warns FBR of Misclassification of Steel Products Causing Big Revenue Loss

The documented steel sector has informed the Federal Board of Revenue (FBR) that the misclassificati...
2024-08-06 00:00:00
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Seeking Early Retirement for Personal Reasons, FBR Chairman Tells Senate Panel

Chairman Federal Board of Revenue (FBR) Amjad Zubair Tiwana on Tuesday told the Senate Committee on...
2024-08-06 00:00:00
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Fitch Ratings Upgrades WAPDA to CCC+

Fitch Ratings has upgraded Pakistan Water and Power Development Authority’s (WAPDA) Long-Term Foreig...
2024-08-06 00:00:00
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SECP Warns Public Against Illegal Trading Platform Promising Massive Returns

The Securities and Exchange Commission of Pakistan (SECP) has identified an illegal trading platform...
2024-08-06 00:00:00
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Govt Considering Further Cut in PSDP to Lower Electricity Prices

The federal government is considering a proposal to cut the Public Sector Development Programme (PSD...
2024-08-06 00:00:00
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No Sales Tax on Petroleum Products, Confirms Finance Minister

Finance Minister Muhammad Aurangzeb on Tuesday confirmed that the federal government will not impose...
2024-08-06 00:00:00
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CDA to Stop Transfers of Properties Through Registrar Office in Islamabad

The Capital Development Authority (CDA) plans to halt additional transfers of urban properties proce...
2024-08-06 00:00:00
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Planning Minister Directs to Expedite Connectivity Plans to Enhance Regional Cooperation with Central Asia

Federal Minister for Planning Ahsan Iqbal chaired a meeting to review the road and rail connectivity...
2024-08-06 00:00:00
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TotalEnergies Sells its Shares in Parco Pakistan to Gunvor

TotalEnergies has signed an agreement to sell its 50 percent stake in Total PARCO Pakistan Limited (...
2024-08-06 00:00:00
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Govt Delays NBP Privatization Due to Legal Issues

The federal government on Monday postponed the privatization of the National Bank of Pakistan (NBP)...

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