International investors have demanded the federal government to avoid renegotiating power purchase agreements (PPAs) with solar and wind Independent Power… Read More
Govt Recovers Rs. 23 Billion Windfall Tax From Commercial Banks in Just One Day
The federal government has successfully recovered Rs. 23 billion from 16 commercial banks in windfall tax following the Sindh High… Read More
Govt Likely to Impose Carbon Levy in Budget 2025-26
The federal government is in a rush to come up with newer tax regimes and has decided to seek permission… Read More
IMF Confirms Review of Pakistan’s $7 Billion Program By Mid-March
The International Monetary Fund’s (IMF) Resident Representative in Pakistan Mahir Binici has confirmed that a mission will visit Pakistan in… Read More
Delays Increase Islamabad IT Park’s Development Cost By Another Rs. 9.8 Billion
The Islamabad IT Park project under the Ministry of IT & Telecom (MoITT) has faced delays, leading to a cost… Read More
IMF Says Pakistan Still Is Not Collecting Enough Taxes
The Resident Chief of the International Monetary Fund (IMF) in Pakistan Mahir Binici has warned that Pakistan’s economic challenges exist… Read More
Lucky Cement Announces 5-for-1 Stock Split to Boost Liquidity
Lucky Cement Limited (PSX Symbol: LUCK) announced a 5 for 1 stock split through its notice to PSX on February… Read More
IMF Mission Arriving in Pakistan Next Week to Discuss $1.5 Billion Climate Financing
Finance Minister Muhammad Aurangzeb on Thursday confirmed that a mission from the International Monetary Fund (IMF) will visit Pakistan on… Read More
Taxing Only Salaried Class is Not The Complete Solution: Finance Minister
Finance Minister Muhammad Aurangzeb on Thursday acknowledged the heavy tax burden on the salaried class and said continuously taxing them… 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
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
