News & Updates

News Update

25

Sep 2025

Sep 25, 2025 • 5 min read

CDA Approves Land for Islamabad’s New Special Technology Zone

A total of 28 Special Technology Zones have been notified across Pakistan, with a major project now in progress for Isla...

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News Update

25

Sep 2025

Sep 25, 2025 • 5 min read

SECP Seeks Public Feedback on Right Issue Regulations

The Securities and Exchange Commission of Pakistan (SECP) has issued a consultation paper seeking public comments on the...

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News Update

25

Sep 2025

Sep 25, 2025 • 5 min read

Govt Approves Rs. 3.5 Billion Subsidy to Boost Raast QR Payments

In a significant move to accelerate Pakistan’s transition toward a cashless economy, the federal government has approved...

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News Update

25

Sep 2025

Sep 25, 2025 • 5 min read

Islamic Council Takes U-Turn on Declaring Withholding Tax Un-Islamic

The Council of Islamic Ideology (CII) has issued a formal clarification stating that no final decision has been made reg...

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News Update

25

Sep 2025

Sep 25, 2025 • 5 min read

Govt Announces Major Tax Exemptions for Gilgit-Baltistan

In a significant move aimed at providing economic relief for Gilgit-Baltistan, Federal Minister for Power Awais Ahmed Kh...

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News Update

24

Sep 2025

Sep 24, 2025 • 5 min read

Sui Northern Opens Applications for New Gas Meters

The Sui Northern Gas Company (SNGC) has announced the start of its application process for Liquefied Natural Gas (LNG) c...

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News Update

24

Sep 2025

Sep 24, 2025 • 5 min read

Banking Industry Catalyzes Landmark Rs. 1.225 Trillion Circular Debt Resolution to Support Pakistan’s Economic Stability

In a landmark step for Pakistan’s energy sector, the banking industry, under the auspices of the Pakistan Banks Associat...

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News Update

24

Sep 2025

Sep 24, 2025 • 5 min read

Pakistan, Saudi Arabia Reaffirm Unbreakable Ties on Kingdom’s 95th National Day

Saudi Arabia’s Ambassador to Pakistan, Nawaf bin Said Al-Malki, reaffirmed the Kingdom’s unwavering support for Pakistan...

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News Update

24

Sep 2025

Sep 24, 2025 • 5 min read

IHC Slams CDA for Defying Court Orders on Plot Possession

The Islamabad High Court (IHC) on Tuesday expressed strong displeasure over the Capital Development Authority’s (CDA) fa...

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News Update

24

Sep 2025

Sep 24, 2025 • 5 min read

SECP Policy Board to Meet Tomorrow to Discuss Key Proposals

The Securities and Exchange Commission of Pakistan (SECP) has called a meeting of its Policy Board tomorrow in Karachi....

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News Update

24

Sep 2025

Sep 24, 2025 • 5 min read

SECP Chairperson Urges Streamlining of Account Opening Process in Capital Markets

The Chairperson of the Securities and Exchange Commission of Pakistan (SECP) held a high-level meeting with the chief ex...

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News Update

24

Sep 2025

Sep 24, 2025 • 5 min read

Rupee’s 33-Day Record Streak Ends Against US Dollar

The Pakistani rupee’s impressive 33-day streak of appreciation against the US dollar came to a halt on Wednesday, as the...

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News Update

24

Sep 2025

Sep 24, 2025 • 5 min read

ECC Approves 40% Regulatory Duty on Used Vehicle Imports

The Economic Coordination Committee (ECC) of the Cabinet, chaired virtually by Federal Minister for Finance and Revenue...

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News Update

24

Sep 2025

Sep 24, 2025 • 5 min read

FBR to Challenge Islamic Council’s Ruling Declaring Withholding Tax Un-Islamic

The Federal Board of Revenue (FBR) has decided to challenge the Islamic Ideological Council’s (IIC) ruling, which declar...

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News Update

24

Sep 2025

Sep 24, 2025 • 5 min read

Punjab TikTokers Should Be FBR’s First Target for Tax Collection: Senator

Senator Faisal Vawda has suggested that if the FBR intends to tax TikTokers, the process should begin in Punjab, where c...

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News Update

24

Sep 2025

Sep 24, 2025 • 5 min read

Industry Leaders Faysal Bank and Tapsys Partner to Revolutionize Digital Acceptance Solutions for SMEs

Faysal Bank Limited (FBL), one of Pakistan’s leading Islamic banks, has entered into a strategic partnership with Tapsys...

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News Update

24

Sep 2025

Sep 24, 2025 • 5 min read

NBP Wins UnionPay International Award for Strategic Contribution

National Bank of Pakistan (NBP) proudly celebrates another prestigious recognition by receiving the UnionPay Internation...

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News Update

24

Sep 2025

Sep 24, 2025 • 5 min read

Gold Maintains Record High Price in Pakistan

Gold prices remained unchanged at an all-time high in the local market on Wednesday, according to the All Pakistan Saraf...

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News Update

24

Sep 2025

Sep 24, 2025 • 5 min read

Senator ‘Exposes’ Remittance Subsidy Scandal Benefitting Banks

The Senate Standing Committee on Finance, chaired by Senator Saleem Mandviwala, held a meeting today in which the commit...

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News Update

24

Sep 2025

Sep 24, 2025 • 5 min read

Islamic Council Calls Withholding Tax on Cash Un-Islamic

The Council of Islamic Ideology (CII) has declared the withholding tax on money withdrawals or transfers as unjust and u...

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News Update

24

Sep 2025

Sep 24, 2025 • 5 min read

Govt Changes Benevolent Fund Amounts for Retiring Employees

The federal government has decided to revise the Benevolent Fund policy for payments made to government employees upon r...

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