The government will impose a sales tax on stationery items despite the announcement of Finance Minister Muhammad Aurangzeb, during the… Read More
IMF Stops Pakistan From Giving Key Tax Concessions in Finance Bill 2024
The International Monetary Fund (IMF) has declined key concessions proposed in the Finance Bill 2024. The IMF has also refused… Read More
OGDCL to Explore Geothermal Potential in 25 Fields
Oil and Gas Development Company Limited (OGDCL) has developed a strategy for exploiting geothermal resources in 25 oil and gas… Read More
FPCCI Proposes Introduction of Simplified Form for Filing Tax Returns
A delegation of the Federation of Pakistan Chambers of Commerce & Industry (FPCCI) led by its President Atif Ikram Sheikh… Read More
Govt Raises Rs. 776 Billion Via T-Bills, Cut-Off Yields Down up to 41 BPS
The cut-off yields on Treasury Bills (T-Bills) went down by up to 41 basis points (bps) in the auction of… Read More
Govt Forms Committee Under IMF’s Directive to Cut Number of Pakistan’s Missions Abroad
The federal government on the instructions of the International Monetary Fund (IMF) has formed a 13-member committee to curtail the… Read More
Mashreq Pakistan Secures In-Principle Approval to Launch Islamic Banking Operations in Pakistan
Mashreq Pakistan, a part of Mashreq which is the leading financial institution in the MENA region, has announced a significant… Read More
Pakistan Loses Rs. 6 Trillion a Year to Corruption: Minister
Federal Minister for Maritime Affairs Qaiser Ahmed Sheikh has claimed that Pakistan loses as much as Rs. 6,000 billion to… Read More
Senator Vawda Chairs Inaugural Meeting of Senate Committee on Maritime Affairs
The inaugural meeting of the Senate Standing Committee on Maritime Affairs convened today under the chairmanship of Senator Faisal Vawda.… Read More
PSX Offers Opportunity for Listed Shell Companies to Revive Their Business Operations
The Pakistan Stock Exchange (PSX) has offered a revival opportunity for Listed Shell Companies (LSCs) through reverse merger transactions with… Read More
FBR to Hire Over Two Dozen Commissioners to Process Refund Cases
The Federal Board of Revenue (FBR) has decided to create more than two dozen new ‘Commissioner Refund’ positions to process… Read More
SBP to Commemorate UN Day For Micro, Small and Medium Enterprises Tomorrow
On the occasion of the United Nations day on Micro, Small, and Medium-sized Enterprises (the UN MSMEs Day), the State… Read More
