The Federal Board of Revenue (FBR) has directed the Directorate General of Immovable Property to report to Member (IR-Operations), FBR.… Read More
Engro Fertilizers Posts Loss of Rs. 98.31 Million in 2QCY22
Engro Fertilizers Limited (EFERT) has reported a consolidated loss of Rs. 98.31 million in the 2nd quarter that ended on… Read More
Honda Pakistan Sees a 29% Decline in Quarterly Profit
Honda Atlas Cars Pakistan Ltd (HCAR) announced a 29.10 percent decrease in its profits. The car assembler has reported a… Read More
WorldCall Telecom Reports Losses of Rs. 1.5 Billion in 2021
WorldCall Telecom Limited has recorded a staggering loss of Rs. 1.5 billion in the calendar year 2021. The losses of… Read More
Fitch Ratings Downgrades Pakistan’s Outlook from Stable
Fitch Ratings has revised Pakistan’s Outlook to Negative from Stable while affirming its Long-Term Foreign-Currency (LTFC) Issuer Default Rating (IDR)… Read More
PTCL Posts 38.8% Profit Growth in H1 2022
Pakistan Telecommunication Company Limited (PTCL), the country’s leading telecom and ICT services provider, has announced its financial results for the… Read More
Assets of NBFCs Grew by 79% in Last 10 Years: SECP Chairman
Securities and Exchange Commission of Pakistan (SECP) Chairman Aamir Khan said Thursday that the assets of the overall non-banking finance… Read More
Airlift Shuts Down Operations in Pakistan Amid Funding Woes
Once touted as the market leader in q-commerce in Pakistan, Airlift is now shutting down operations in the country owing… Read More
FBR Revises Baggage Allowance for Foreign Nationals
The Federal Board of Revenue (FBR) has revised the baggage allowance for foreign nationals and tourists, allowing them to bring… Read More
SECP Cautions Digital Lending NBFCs of Regulatory Action If Fair Practices Not Adopted
The Securities and Exchange Commission of Pakistan (SECP) has cautioned digital lending Nonbank financial companies (NBFCs of regulatory intervention if… Read More
PM Shehbaz Approves Decrease in Federal Excise Duty on Air Tickets
Prime Minister Shehbaz Sharif has approved the reversal of the biggest taxation measure on the wealthy class by slashing the… Read More
Questions Raised Over Legality of Rs. 50,000 FED Charged From International Passengers
A legal question has been raised about whether Customs officials at airports are justified in collecting Federal Excise Duty (FED)… Read More
