The Securities and Exchange Commission of Pakistan (SECP) has permitted the “Money Market Schemes” of mutual funds to invest in… Read More
FBR Reshuffles 12 Tax Officers
The Federal Board of Revenue (FBR) has appointed Muhammad Azam Sheikh FBR Member (Inland Revenue Service/BS-21) as the new Director… Read More
FBR Decreases Phone Taxes for Overseas Travellers
The commercial importers of new mobile phones would not avail of any concession under the new valuation ruling. In contrast,… Read More
Pakistan Railways Massively Increases Charges for Fiber Broadband Track Crossing
Pakistan Railways has drastically increased the right of way (ROW) charges of a single-track crossing to a whopping Rs. 3.8… Read More
SIFC Forum is Helping Make Key Decisions to Drive Foreign Investment in Pakistan
Federal Minister for Information Technology and Telecommunications Dr. Umar Saif has said that to pave the way for digital transformation,… Read More
Govt Cuts Price of Petrol by Rs. 14 Per Liter, Diesel Down Rs. 13.50
In a slight relief for inflation-stricken masses, the federal government has announced a cut in the prices of petroleum products.… Read More
Production of Petroleum Products up 8% in Four Months of FY24
The petroleum products production witnessed an increase of 7.55 per cent during July-October 2023-24 as its indices went up to… Read More
FBR Constitutes Teams For Monitoring Activities Under Track and Trace System
The Federal Board of Revenue (FBR) has constituted seven teams across the country regarding enforcement and monitoring activities of the… Read More
SECP Initiates Public Consultation on Simplifying Licensing Process for Online, Trading-Only Brokers
To facilitate the brokerage industry and improve investor participation in the equity market, the Securities and Exchange Commission of Pakistan… Read More
Large-Scale Manufacturing Output Contracts 4% in October
The Large Scale Manufacturing Industries (LSMI) output decreased by 4.08 percent for October 2023 when compared with October 2022 and 2… Read More
No Respite for Public as Weekly Inflation Crosses 43%
The Sensitive Price Index (SPI)-based inflation for the week ended December 14, 2023, increased by over 43 percent on a… Read More
FBR Fixes New Customs Values on Import of Fresh Dates
The Directorate General of Customs Valuation Karachi has fixed new customs values on the import of different varieties of fresh dates from Iran,… Read More
