The Finance Ministry has set a target of bringing the tax-to-GDP ratio to 20 percent in the next six to… Read More
Pak Suzuki Reports a Huge Profit of Rs. 2.6 Billion in CY2021
Pak Suzuki Motor Company Limited, the largest player in Pakistan’s automobile industry, has announced its financial results for the year… Read More
Pharma Industry is Shutting Down Medicine Factories Over Tax Issues
The pharmaceutical industry has announced to shut down all factories and manufacturing plants after five days due to the Federal… Read More
Pakistan’s Current Account Deficit Fell to Just $0.5 Billion in Feb 2022
Pakistan’s current account deficit reduced sharply to $0.5 billion in February 2022, which is the lowest in the financial year… Read More
IMF Urges Legislation on Publishing Advisers and SAPM’s Asset Declarations
The International Monetary Fund (IMF) has urged Pakistan to make legislation on the permanent publishing of asset declarations of Advisers… Read More
FBR Empowers Field Formations to Obtain Data of Non-Resident Pakistanis From Banks
In order to probe cases of offshore companies abroad, the Federal Board of Revenue (FBR) has authorized its Commissioners, Inland… Read More
FBR Increases Custom Values of Imported Hair & Skin Products
Directorate General of Customs Valuation Karachi has increased customs value on the import of hair care products, shampoos, conditioners, face/talcum… Read More
FBR Collected Majority of Taxes Through Imports During July-Feb FY22
The Federal Board of Revenue (FBR) has collected 52.2 percent of the total tax collection during July-Feb (2021-22) without any… Read More
Govt Set to Ease Imported Mobile Phones Policy for Overseas Pakistanis
The government is likely to announce a new incentive for overseas Pakistanis for using their imported mobile phones in Pakistan.… Read More
HBL Announces Highest Ever Profits of Rs. 35.5 Billion in 2021
Habib Bank Limited (HBL) today declared a record consolidated Profit after tax of Rs. 35.5 billion in 2021, which is… Read More
OGDCL Profit Surges 63.20% in 1HFY22
The Board of Directors of the Oil & Gas Development Company Limited (OGDCL) on Wednesday announced the financial results for… Read More
Pakistan’s Walee Acquires UAE’s Mirrorr.com to Boost its Influencer Marketing Solution
In a historic move, Walee Technologies, Pakistan’s largest martech platform focused on influencer marketing and social commerce, has acquired UAE-based… Read More
