The Anti-Trust Watchdog has again acted against cartelization in the poultry industry and has completed an inquiry that uncovered nineteen… Read More
1059 Projects Registered With FBR Under PM’s Package
The Federal Board of Revenue (FBR) has released the updated names of 1059 projects of developers and builders registered with… Read More
FBR Exempts Customs Duty on Import of Cotton
The Federal Board of Revenue (FBR) has exempted customs duty on the import of three types of cotton yarn up… Read More
ECC Approves First Installment to 35 IPPs
The Economic Coordination Committee of the cabinet on Wednesday approved payment of the first installment to 35 IPPs out of… Read More
CCP Takes Action Against Nestle for Fraud
The Competition Commission of Pakistan (CCP) has decided to initiate legal proceedings against a leading dairy company for committing deceptive… Read More
AGP Recommends FBR to Ensure Customs Duty Drawback Should Not be More Than Actual Duty Paid
The Auditor General of Pakistan (AGP) has strongly recommended the Federal Board of Revenue (FBR) to ensure that customs duty… Read More
Cement Sales Grew by 40.41% in April 2021
Pakistan’s cement sector posted robust growth of 40.41 percent in April 2021 as compared to April 2020. According to data… Read More
FMU Issues Red Flag Indicators For Detection of Transactions Made Through The Proceeds of Drug Trafficking
Financial Monitoring Unit (FMU) has issued ‘red flag indicators’ to the financial institutions for detection of financial transactions relating to… Read More
FBR Makes Historic Gains With 16% Growth in Revenues
The gross revenue collection of the Federal Board of Revenue (FBR) stood at Rs. 3976 billion during July-April (2020-21) against… Read More
Govt Likely to Grant Incentives to Capital Market in Budget 2021-22
The government is likely to grant incentives to the capital market in the upcoming budget (2021-22) by incorporating viable proposals… Read More
SECP Issues Guidelines For Ultimate Beneficial Ownership Regime
The foreign company is required to obtain, maintain and duly update the records of the Ultimate Beneficial Owner (UBO) in… Read More
17% Sales Tax Waived Off for Buyers of Cars Auctioned by Govt
The buyers of old and used vehicles from the sale/auction of government departments /autonomous bodies would not be legally required… Read More
