The Federal Board of Revenue (FBR) has decided to install the track and trace system at one production line of… Read More
FBR’s Tax Collection Falls Short of Target by Rs. 304 Billion in 9 Months
The Federal Board of Revenue (FBR) tax collection stood at Rs.5,156 billion during July-March (2022-23) against the target of Rs.… Read More
PSX Gets Green Light From CCP for Central Depository Company Shares Acquisition
The Competition Commission of Pakistan (CCP) has cleared the premerger application of Pakistan Stock Exchange Limited (PSX) for acquiring shares… Read More
State Bank is Not Cooperating With CCP on an Important Inquiry
The State Bank of Pakistan (SBP) is not cooperating with the Competition Commission of Pakistan (CCP) in conducting an important inquiry… Read More
10Pearls Acquires Chicago-Based Inspirant Group
10Pearls, a digital product innovation and software engineering company, has acquired Inspirant Group, a boutique healthcare strategy consulting firm based… Read More
Minister Reveals Flaws in Petrol Subsidy Scheme for Motorcycles and Small Cars
The Minister of State for Petroleum, Dr. Musadik Malik, acknowledged deficiencies in the government’s proposed fuel subsidy scheme’s first phase.… Read More
Maqsad Secures $2.8 Million Funding After Surpassing 1 Million Users
Maqsad, Pakistan’s leading edtech, has announced a $2.8 million seed round led by Speedinvest and returning investor Indus Valley Capital.… Read More
FBR Slaps 25% Sales Tax on Imported Luxury Items
The Federal Board of Revenue (FBR) has slapped a 25 percent sales tax on the import and local supply of… Read More
Govt Approves Imposition of Additional Surcharge on Electricity to Meet IMF Condition
The Federal Government, under the direction of the International Monetary Fund (IMF), has approved the imposition of an additional surcharge… Read More
ECC Approves Rs. 5 billion Ramzan Relief Package
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
