The Securities and Exchange Commission of Pakistan (SECP) has issued functions and duties of debt securities trustees for issuance of… Read More
Fauji Foods Records a 47.23% Drop in Losses During 2020
Fauji Foods Limited (FFL), the company behind Nurpur milk and Dostea, has announced its financial results for the year ended… Read More
Hanker Uses Big Data to Offer An All-in-One Discount and Shopping Experience
Pakistan is primarily a consumption-driven economy and has one of the fastest-growing retail markets. Coupled with one of the youngest… Read More
Ministry of Finance Clarifies Position on the Issuance of Sukuk
The Ministry of Finance has clarified that Sukuk are Shariah-compliant borrowing instruments backed by physical assets and are structured so… Read More
FBR Announces Cash Rewards for Whistleblowers
The informer or whistleblower registered with the Federal Board of Revenue (FBR) would be entitled to a reward at the… Read More
FBR Adds New Members in Consultative Committee to Review Tax Policies in Capital Market
The Federal Board of Revenue (FBR) included two more members in the consultative committee on capital market tax reforms to… Read More
New Ordinance Increases Estimated Project Life of Construction Projects
The Income Tax (Amendment) Ordinance, 2021 has extended the maximum estimated project life from 2.5 years to 3.5 years for… Read More
SBP Keeps Interest Rate Unchanged at 7%
The State Bank of Pakistan (SBP) has decided to keep the policy rate unchanged at 7 percent. This was revealed… Read More
FBR Updates Definition for IT and IT-Enabled Services
The Federal Board of Revenue (FBR) Thursday has imposed a 5 percent sales tax on 17 categories of “IT services”… Read More
Privatization Board Approves Committees for Prequalification of Potential Bidders
Federal Minister for Privatization Mohammed Mian Soomro chaired the Privatization Commission (PC) Board meeting here today. The Board was briefed… Read More
FBR Issues Gwadar Tax-Free Zone Rules 2021
The Federal Board of Revenue (FBR) has issued Gwadar Tax-Free Zone Rules 2021 for the guidance of investors and companies… Read More
FBR is Considering Concessions for Cooking Oil and Ghee Industries
The Federal Board of Revenue (FBR) is considering different proposals to grant concession/exemption of duties and taxes for the ghee… Read More
