The State Bank of Pakistan (SBP) has decided to keep the policy rate unchanged at 7 percent. This was revealed… Read More
FBR Relaxes Conditions For Import/Export Customs Clearance
The Federal Board of Revenue (FBR) has decided to relax conditions for importers for obtaining ‘unique user identifiers’ under the… Read More
President Alvi Orders FBR to Address Issues of Tax Declarants Under Amnesty Scheme
The President of Pakistan, Dr. Arif Alvi, has issued an order in favor of the declarants of the Tax Amnesty… Read More
Cabinet to Approve Policies for NGMS Spectrum Auction Next Week
The federal government is likely to approve the policy directive for the auction of Next Generation Mobile Services (NGMS) Spectrum… Read More
FMU Directs Reporting Entities to Report Cash Transactions of Rs. 2 million and Above
The Financial Monitoring Unit (FMU) has directed the Reporting Entities (REs), including financial institutions and real estate agents, jewelers, lawyers/accountants,… Read More
Govt Fixes New Value of Diyat
The federal government has declared an amount of Rs. 4.261 million as compensation (diyat) for the current financial year 2021-22.… Read More
FBR Starts Inspection of Real Estate Agents and Jewellers
Special teams of tax officials of the Federal Board of Revenue (FBR) have started full scope online inspections of the… Read More
FBR Decides Against More Amnesty Schemes for Smuggled Cars
Federal Board of Revenue (FBR) Member Customs (Policy), Syed Hamid Ali, categorically denied any possibility of any new amnesty scheme… Read More
PTCL Group’s Half Yearly Profits Increase by 8707% YoY
Pakistan’s leading telecommunication and ICT services provider — Pakistan Telecommunication Company Limited (PTCL) — has announced its financial results for… Read More
Cabinet Approves Controversial Appointment in Pakistan Railways
The federal cabinet yesterday approved the appointment of Jawaid Siddiqui as the chief executive officer of Pakistan Railway Freight Transportation… Read More
SECP Imposes Rs. 500,000 Penalties on Pakistan Engineering Company Ltd and its CEO
The Adjudication Department of Securities and Exchange Commission of Pakistan (SECP) has imposed penalties of Rs. 500,000 each on Pakistan… Read More
Govt Shortlists 3 Candidates for IESCO’s CEO Post
The federal government has shortlisted three candidates for the post of CEO of Islamabad Electric Supply Company (IESCO). Sources told… Read More
