A large number of gold traders in Pakistan are unregistered, cash transactions are conducted to evade taxes, and groups of… Read More
Pakistanis Buy Up to 90,000 Kgs of Gold Every Year
Pakistan’s annual gold demand stands between 60 and 90 tons worth $8-12 billion, yet more than 90 percent of the… Read More
ATV Fires All Employees on Court Order
ATV channel’s operator Shalimar Recording & Broadcasting Company Limited (SRBC), which is owned by the government of Pakistan, has formally… Read More
Organic Meat Company Secures $5.2 Million Export Order from Saudi Arabia
The Organic Meat Company Limited (TOMCL) has received a $5.2 million export order from Al Abeer Cold Store Trading Company… Read More
Amreli Steels Gets SECP Approval for Rs. 1 Billion Direct Share Issuance to Sponsor
Amreli Steels Limited has received approval from the Securities and Exchange Commission of Pakistan (SECP) to issue up to 40… Read More
Altern Energy Moves Toward Termination of Key Agreements with Govt and CPPA
Altern Energy Limited (AEL) has announced it has initialled a Termination Agreement with the Government of Pakistan and the Central… Read More
Gold Prices Continue to Rise in Pakistan
Gold prices in Pakistan extended their rally on Wednesday, mirroring gains in the international market and reflecting strong investor demand.… Read More
IMF Stance on Sales Tax Exemption Stalls Pakistan’s $6 Billion Refinery Upgrade Plan
Pakistan’s ambitious $6 billion refinery upgrade programme has hit another roadblock after a visiting team of IMF tax experts refused… Read More
Punjab Revenue Authority Barred from Charging Sales Tax on Developed Plots
The Appellate Tribunal of the Punjab Revenue Authority (PRA) has ruled that the sale of developed plots by real estate… Read More
FTO Gives FBR 3 Days to Clear Backlog of Tax Return Extension Requests
The Federal Tax Ombudsman (FTO) has given the Federal Board of Revenue (FBR) only three days to dispose of all… Read More
OGDCL Receives 5th Interest Payment, Total Payments Reach Rs. 38.65 Billion
Oil & Gas Development Company Limited (OGDCL) has received a total of Rs. 38.65 billion in interest payments so far… Read More
Pakistan’s Unemployment Rate Climbs to 7.1%
Pakistan’s unemployment rate has climbed to 7.1% over the past four years, up from 6.3% recorded in the 2020-21 Labor… Read More
