A high-level committee comprising federal and provincial officials has been activated to implement measures aimed at making Pakistan a “hard… Read More
United Insurance Company to Divest 60 Million Shares in Apna Microfinance Bank
The Board of Directors of The United Insurance Company of Pakistan Limited (PSX: UNIC) has approved the divestment of 59,940,632… Read More
SECP Seeks Feedback on Draft Certification Regulations for Financial Services Professionals
The Securities and Exchange Commission of Pakistan (SECP) has issued the Draft Securities and Exchange Commission of Pakistan (Certification of… Read More
Deputy Commissioner Accused of Embezzling Rs. 5.7 Million in M-6 Motorway Project
The Senate Standing Committee on Communications under Senator Pervez Rashid on Wednesday reviewed the Ministry of Communications’ Public Sector Development… Read More
Govt Raises Rs. 640 Billion Via T-Bills
The cut-off yields on Treasury Bills (T-Bills) went up by up to 34 basis points (bps) in the auction of… Read More
IMF Team to Visit Pakistan in May to Finalize FY26 Budget
An IMF mission will visit Islamabad in early May to finalize the 2025-26 budget framework, including taxation measures and expenditure… Read More
FBR Reports 29.4% Jump in Direct Tax Collection in First Half of FY25
Direct tax collection surged by 29.4 percent in the first six months of the fiscal year 2024-25, reaching Rs. 632.7… Read More
Govt Targets 75 More IPP Deals to Save Rs. 3.5 Trillion in Future Payments
After finalizing agreements with 29 Independent Power Producers (IPPs) to save Rs. 3.498 trillion, the government is working to negotiate… Read More
FBR Seals Three Luxury Watch Shops in Karachi For Over Rs. 180 Million Tax Fraud
The Federal Board of Revenue (FBR) has sealed three luxury watch outlets in Karachi for tax evasion and non-compliance with… Read More
We Want Chinese Investments Not Aid: Aurangzeb
Finance Minister Senator Muhammad Aurangzeb on Wednesday emphasized Pakistan’s intent to shift from Chinese aid to investment and technical collaboration.… Read More
Govt Backtracks from Reducing Solar Buyback Rate After Cabinet Says No
The federal cabinet on Wednesday postponed the approval of the solar net metering policy, well-informed sources told ProPakistani. The cabinet… Read More
Rupee Closes Session in Green Following IMF Lifeline
The Pakistani Rupee (PKR) on Wednesday appreciated by 16 paisas against the US Dollar (USD) in the interbank trading and… Read More
