Lahore-based transportation startup, Airlift has secured $12 million in Series A financing. According to the release statement, this is the… Read More
Pakistan to Get a Single Centralized Tax Agency for Federation and Provinces
The International Monetary Fund (IMF) has asked federal government and provinces for a single tax administration with uniform tax rates,… Read More
Pakistan is 2nd Lowest For ‘Learning Poverty’ in The Region: WB president
World Bank President David Malpass has pointed out that Pakistan is at the lowest position after Afghanistan at “Learning Poverty”… Read More
Kuwait Airways to Resume Flights to Karachi After 19 Years
Kuwait Airways is keen to resume its weekly flight from the capital of Kuwait to Karachi. There is an immense… Read More
Mian Mansha Proposes Bond Swapping to Reduce Circular Debt
A meeting chaired by Prime Minister’s Advisor on Finance Dr Abdul Hafeez Shaikh discussed the issuance of Sukuk and Swap… Read More
Traders from Islamabad Pay More Average Tax Than Karachi
Karachi, which is considered the financial hub of the country has once again emerged as the highest tax-paying city in… Read More
Hascol Bleeds With a Huge Loss of Rs. 13.87 Billion in 2019
Hascol Petroleum announced its financial results for the nine-month period that ended on September 30, 2019. The company’s financial performance… Read More
FBR Collects Rs. 320 Billion Tax in October, Extends Date for Filing Income Tax Returns
FBR has collected over Rs. 320 billion during the month of October 2019 and maintained an overall increase of 16… Read More
Lucky Cement’s Profits Drop 61.7% for Q1 2019-20
Lucky Cement Limited has reported a net profit after tax of Rs. 955.85 million during Q1 2019-20, which is 61.7%… Read More
ARY Communications Ltd to Acquire a 51% Stake in World Call Telecom
ARY Communications Limited has made a public announcement of the intention to acquire more than 51% of the issued and… Read More
PSO’s Profits Drop 15.55% Despite Increase in Market Share for Q1 FY19-20
Pakistan State Oil (PSO), the largest oil marketing company in Pakistan, has announced its financial results for the Q1 2019-20.… Read More
Govt is Renting 500 Containers to Seal Off Islamabad
The government is renting 500 containers which will be used to seal the capital and contain the flow of participants… Read More
