Embedded finance platform Neem has raised $2.5 million in a Seed funding round from leading fintech global and local investors.… Read More
FBR Mandates Income Tax on Immovable Properties
A large number of Pakistani citizens are required to pay tax on deemed income basis on immovable properties under section… Read More
FBR Meets Provincial Revenue Bodies to Resolve Sales Tax Issues Under Cross-Input Tax Adjustment
The Federal Board of Revenue (FBR) and provincial revenue authorities and boards have held an important meeting at the FBR Headquarters to… Read More
FBR to Collect Rs. 180 Billion in Additional Taxes if Monthly Target Not Achieved
The Federal Board of Revenue (FBR) is legally bound to immediately take taxation measures of Rs. 180 billion in any… Read More
Govt Assures IMF of Slapping Additional Tax Measures of Rs. 180 Billion
The government has committed with the International Monetary Fund (IMF) to take additional taxation measures of Rs. 180 billion in… Read More
Commerce Ministry’s EDF Website Faces a Massive Data Breach
The official website of the Export Development Fund (EDF) of Pakistan – an autonomous body under the Ministry of Commerce… Read More
FBR Exempts Duties and Taxes On Imported Goods For Flood Relief Operations
The Federal Board of Revenue (FBR) has granted exemption of sales tax, withholding tax, customs duty, and Federal Excise Duty… Read More
SECP Deletes Hundreds of Companies From Its Database
The Securities and Exchange Commission of Pakistan (SECP) has dissolved hundreds of companies that are not carrying out any business… Read More
Indus Toyota Posts Over Rs. 15 Billion Annual Profit Despite 90% Decline in Last Quarter
Toyota Indus Motor Company (IMC) has announced its financial results for the year ended June 30th, 2022. The Board of… Read More
PostEx Acquires Call Courier to Become Pakistan’s Largest eCommerce Service Provider
Pakistan’s e-commerce sector is set to hit $12 billion by 2025 as adoption and growth scale. In propelling this growth,… Read More
Govt Assures IMF Not to Grant Tax Exemptions Without NA Approval
The government has assured the International Monetary Fund (IMF) not to grant tax exemptions through the Statutory Regulatory Orders (SROs)… Read More
Pak Suzuki Posts Big Loss In Half Year Despite Profitable Quarter
Pak Suzuki Motor Company Limited, the largest player in Pakistan’s automobile industry, has announced its financial results for the half… Read More
