The repatriation of profits and dividends from foreign investments in Pakistan increased to $1,317.5 million in July-January 2024-25, marking a… Read More
Date Confirmed for Ruet-e-Hilal Committee’s Meeting to Sight Ramadan’s Moon
The Central Ruet-e-Hilal Committee is scheduled to gather in Peshawar on the evening of February 28 (Friday) to determine the… Read More
Bank of Khyber Preparing to Convert Into Full-Fledged Islamic Bank
The management of The Bank of Khyber (PSX: BOK) is preparing to convert from being a conventional bank into a… Read More
HBL Posts Rs. 57.8 Billion Profit in 2024
Habib Bank Limited (PSX: HBL) today declared a record profit before tax of Rs. 120.3 billion for the year ended… Read More
SECP Directs Insurance Firms to Establish Actuarial Function for Risk Assessment
The Securities and Exchange Commission of Pakistan (SECP) has directed all insurance companies to establish an actuarial function, which shall… Read More
FBR Orders Revenue Officers to Follow Tribunal Guidelines in Withholding Tax Cases
The Federal Board of Revenue (FBR) has directed all Inland Revenue assessing officers to follow the procedural and legal framework… Read More
Finance Ministry Revises Rules for Packing and Dispatch of Remittances by Banks
The Ministry of Finance has amended the Federal Treasury Rules, revising procedures for the packing and dispatch of remittances by… Read More
Pakistani Rupee is Overvalued: Economic Advisory Council
The Economic Advisory Council (EAC) has urged Prime Minister Shehbaz Sharif to maintain export competitiveness by helping ease the pressure… Read More
Govt-Run Entities Reported a Huge Loss of Rs. 851 Billion in FY24
Loss-making State-Owned Enterprises (SOEs) recorded total losses of Rs. 851 billion in FY 2023-24, a 14.03 percent reduction year-on-year. According… Read More
Islamabad High Court Bars FBR From Taking Strict Action Over Capital Tax Recovery
The Islamabad High Court (IHC) has restrained the Federal Board of Revenue (FBR) from taking any coercive action against owners… Read More
Govt Looking to Regulate Digital Currencies in Pakistan
Prime Minister Muhammad Shehbaz Sharif on Wednesday chaired an important meeting of the Economic Advisory Council, where members of the… Read More
MCMC Lauds USF for Bridging Digital Divide, Empowering Rural Communities
In a significant endorsement of Pakistan’s digital advancement, the Malaysian Communications and Multimedia Commission (MCMC) has praised the Universal Service… Read More
