A Federal Tax Ombudsman (FTO) research analysis of the Federal Board of Revenue’s (FBR) refunds recommended that the Refund Payments… Read More
Cabinet Approves Increase in Paid-up Capital of State Life Insurance Corporation
The Federal Cabinet on Friday approved a plan to increase the paid-up capital of the State Life Insurance Corporation (SLIC),… Read More
Fauji Fertilizer Profit Up by 48% in 2023
Fauji Fertilizer Company Limited (PSX: FFC) has announced its financial results for the year that ended on December 31, 2023,… Read More
Cold Dry Weather is Finally Ending as Rain and Snowfall Predicted Till End of January
Met Office informed that after a long dry period, a westerly wave is likely to enter western parts of the… Read More
Lucky Cement Profit Up by 92% in First Half of FY24
Lucky Cement Limited (PSX: LUCK) announced its financial results for the first half of financial year 2023-24 (1HFY24) today, posting… Read More
PTA Streamlines Fees, Licensing Process For Mobile Virtual Network Operator
The Pakistan Telecommunication Authority (PTA) has announced a significant reduction in the Mobile Virtual Network Operator (MVNO) license fee, coupled… Read More
Rates of Profit On National Savings Schemes Decreased
The government has decreased the rates of profit on national savings certificates and schemes by up to 46 bps. The… Read More
Al Shaheer Corporation Closes Karachi Plant For 2 Weeks
Al Shaheer Corporation Limited (PSX: ASC) has decided to temporarily close its Karachi plant for two weeks. “Upon recommendation of… Read More
Stand off Persists Among Inter-Ministerial Committee Members on FBR Restructuring
The stand-off still persists between the members of the Inter-Ministerial Committee on proposed reforms for Federal Board of Revenue(FBR) restructuring.… Read More
LHC Rejects Kashf Foundation’s Appeal Regarding Non-Profit-Organization Status
The Lahore High Court (LHC) has rejected an appeal filed by the Chief Executive of Kashf Foundation against the Large… Read More
SIFC’s Executive Committee Recommends Policy Initiatives to Further Refine Investment Climate
The Special Investment Facilitation Council (SIFC) resumed the second session of its 8th Executive Committee Meeting on Thursday to deliberate… Read More
$600 Million Needed to Meet Financial Requirements of PIA
There is an immediate need of $600 million to meet the financial requirements of the cash-strapped Pakistan International Airlines (PIA),… Read More
