News & Updates

2024-06-11 00:00:00
Admin

Dr Shamshad Akhtar Appointed Chairperson of PSX Board

Former State Bank of Pakistan (SBP) governor and ex-caretaker finance minister Dr Shamshad Akhtar ha...
2024-06-11 00:00:00
Admin

Govt to Impose New Duty on Nicotine Pouches and E-Cigarettes

The federal government is expected to impose federal excise duty (FED) on Nicotine pouches and e-cig...
2024-06-11 00:00:00
Admin

K-Electric Launches Home-Based Tax Certificates and Online Services

K-Electric has introduced several new services to enhance convenience for its consumers, including o...
2024-06-11 00:00:00
Admin

Govt Seeks Rs. 932 Billion Foreign Loans to Finance Development Projects Next Fiscal Year

The federal government plans to borrow Rs. 932 billion to finance development projects next fiscal y...
2024-06-11 00:00:00
Admin

Saleem Mandviwala Elected as Chairman of Senate Finance Committee

Senator Salim Mandviwalla has been elected as Chairman of Senate Standing Committee on Finance and R...
2024-06-11 00:00:00
Admin

6-Month KIBOR Falls By 56 Basis Points After SBP Rate Cut

The central bank of Pakistan in yesterday’s decision announced the rate cut of 150 basis points, tak...
2024-06-11 00:00:00
Admin

FBR Proposes Giant Rs. 12.9 Trillion Tax Collection Target For 2024-25

The Federal Board of Revenue (FBR) has set an ambitious tax revenue target of Rs. 12.9 trillion for...
2024-06-11 00:00:00
Admin

SBP Instructs Banks to Adopt Digital Supply Chain Finance Solutions For SMEs

The State Bank of Pakistan (SBP) has issued instructions to banks to develop and implement digital s...
2024-06-11 00:00:00
Admin

LDA Closes Multiple Properties in Lahore For Not Paying Commercial Fees

The Lahore Development Authority (LDA) has intensified its recovery campaign by sealing seven commer...
2024-06-11 00:00:00
Admin

PTA to Charge Fee for Registering Mobile Devices and Telecom Equipment

Pakistan Telecommunication Authority (PTA) is all set to impose application/processing administrativ...
2024-06-11 00:00:00
Admin

Govt Decides Not to Raise General Sales Tax Rate in New Budget

The 1 percent increase in the sales tax rate from 18 to 19 percent would not be done through the upc...
2024-06-11 00:00:00
Admin

World Bank Approves $1 Billion Loan for DASU Hydropower Project

The World Bank’s Board of Executive Directors approved on Monday $1 billion in a second round of add...
2024-06-11 00:00:00
Admin

NEC Approves Rs. 3.5 Trillion National Development Budget for FY25

The National Economic Council (NEC) on Monday approved Rs. 1.4 trillion worth of federal Public Sect...
2024-06-10 00:00:00
Admin

SBP Cuts Interest Rate For the First Time in 4 Years

In a big move, the State Bank of Pakistan (SBP) Monday announced that it has decreased the interest...
2024-06-10 00:00:00
Admin

Visa Launches New Service For Cardholders to Track Their Subscriptions

Visa (NYSE: V), a world leader in digital payments, today announced the launch of Subscription Manag...
2024-06-10 00:00:00
Admin

CDC Pakistan and Pakistan’s first Digital Insurer Ink Agreement For Information Sharing

Newly licensed by SECP, Pakistan’s first Digital Insurer Salaam Family Takaful Limited (SFTL) and Ce...
2024-06-10 00:00:00
Admin

Load-Shedding to Worsen As Electricity Shortfall Nears 6,000 MW

Electricity shortfall in Pakistan has reached 5,902 MW as summers intensify. Sources said due to the...
2024-06-10 00:00:00
Admin

Bank Alfalah Launches Pakistan’s First Digital Agriculture Financing to Boost Rural Economy

Bank Alfalah, one of the leading commercial and digital banks, proudly announces the launch of Pakis...
2024-06-10 00:00:00
Admin

Govt Proposes Rs. 27 Billion Development Budget For IT Ministry in Upcoming Budget

The federal government has proposed a Rs. 27.43 billion development budget for the Ministry of Infor...
2024-06-10 00:00:00
Admin

Petrol Tax Will Increase by Rs. 20/Liter Soon on IMF Demand

Consumers may not see any reductions in MS petrol and High-Speed Diesel (HSD) prices from the next f...

Sign Up for Your Free 1st Accounting Consultation