The federal government has reconstituted the Board of Directors (BoDs) of five electricity distribution companies (DISCOs). According to a notification… Read More
PTA Denies Giving Concessions to LDI Companies on Their Pending Dues
The Pakistan Telecommunication Authority (PTA) has clarified that it never granted any exemptions to long-distance international companies for outstanding dues.… Read More
FBR Stops Collecting Sales Tax on Chinese Imports At Sost Border
The Federal Board of Revenue (FBR) has stopped the collection of sales tax and income tax on Chinese imports from… Read More
FBR Reluctant to Initiate Disciplinary Inquiries Against Senior Officers Placed on Admin Pool
The Federal Board of Revenue (FBR) has been reluctant to initiate disciplinary inquiries against those officers who were placed at… Read More
Rupee Posts Losses 3rd Day in a Row Against US Dollar After Mini-Budget News
The Pakistani rupee (PKR) dropped further against the US Dollar today after opening trade at 278 in the interbank market.… Read More
Honda Pakistan’s Q1 Profit Up 40% Despite Low Margins
Honda Atlas Cars (Pakistan) Limited (PSX: HCAR) announced its financial result for 1QMY25 today, posting a profit after tax of… Read More
Six Oil Companies Ordered to Pay Duty Worth Billions of Rupees on Petrol Imports
A Customs Appellate Tribunal has upheld the recovery of a 10 percent regulatory duty to the tune of billions of… Read More
Chinese Trading Company Building A $50 Million Slaughterhouse in Gwadar
Prime Minister Muhammad Shahbaz Sharif on Tuesday met with a delegation from Hengeng Trading Company, led by Chairman Zhang Bin,… Read More
Lucky Core Industries Approves Expansion Plan for Khewra Plant
The Board of Directors of Lucky Core Industries Limited (PSX: LCI) has formally approved a capacity expansion of 200,000 tons… Read More
IT Ministry Reverses Billions in Concessions for LDI Companies
Minister of State for IT Shaza Fatima Khawaja has reversed billions of rupees in exemptions previously granted to Long Distance… Read More
IT Ministry to Prepare New Legislation for ‘Made in Pakistan’ Tech Products
The Ministry of IT and Telecommunication (MoIT&T) has announced its decision to draft new legislation aimed at promoting products made… Read More
Sindh Revenue Board Clarifies Reports of Increasing Tax on Card Payments At Restaurants
The government of Sindh has not reinstated a 15 percent service tax on debit and credit card payments at restaurants… Read More
