The Economic Coordination Committee approved a Ramzan Relief Package for Utility Stores Corporation-2023, worth Rs. 5 billion, in a meeting… Read More
FBR To Get New Powers to Impose 25% Sales Tax on Luxury Imports
The Federal Board of Revenue (FBR) will impose 25 percent sales tax on the import of luxury items after seeking… Read More
PTCL Profit Up 32% to Rs. 9 Billion in 2022
PTCL has reported an increase of 32 percent in its profits during the period. According to a notification to the… Read More
Late Night Mini-Budget Implementation Brings Sales Tax Rate Hike
The government started the implementation of the mini-budget late Tuesday night by raising the sales tax rate from 17 to… Read More
Brainchild Communications Adds Spark Foundry Media Brand to its Portfolio
Brainchild Communications Pakistan, the largest full-service advertising agency in Pakistan according to RECMA rankings, has now secured the Spark Foundry… Read More
FTO Orders FBR to Take Action on Millat Tractors’ Alleged Tax Fraud Case
The Federal Tax Ombudsman (FTO) has issued an order in favor of the poor growers/farmers’ community of Sindh and directed… Read More
Ufone Declared ‘Global Rising Star’ in Global User Experience Quality Mapping
Ufone has been declared a “Global Rising Star” in the Global Awards 2023 by Opensignal, an independent analytics firm that… Read More
FrieslandCampina Engro Pakistan Announces Highest Annual Ever Sales in 2022
FrieslandCampina Engro Pakistan Limited (FCEPL) announced its financial results for the year ending December 31, 2022. The company’s profit after… Read More
Hidden Agenda? Govt Showers FBR Employees With Money and Benefits
While crisis and money issues plague the economy and inflict more pain on the poor, the Government of Pakistan has… Read More
PTCL Yet to File Pre-Merger Application with CCP for Acquiring Telenor Pakistan
The Competition Commission of Pakistan (CCP) has not received any application/intimation of pre-merger clearance from the PTCL Group for acquiring… Read More
Confirmed: PTCL Shows Intent to Buy Telenor Pakistan
PTCL Group has shown its interest in acquiring Telenor Pakistan’s operations and management in totality, well-placed sources have confirmed. If… Read More
Govt to Present Another Mini-Budget With Rs. 300 Billion New Taxation Measures
The government is likely to present the mini-budget through the promulgation of the Tax Laws Amendment Ordinance 2023 before the National… Read More