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
Pakistani Rupee is Overvalued: Economic Advisory Council
The Economic Advisory Council (EAC) has urged Prime Minister Shehbaz Sharif to maintain export competitiveness by helping ease the pressure… Read More
200 Smugglers Still Illegally Importing Petrol, Diesel Via Pak-Iran Border
Oil smuggling across the Pakistan-Iran border still remains a pressing issue despite past crackdowns. The Senate Standing Committee on Finance… Read More
Govt Collects Rs. 72 Billion Corporate Tax From Banks After Rate Hike
Chairman Federal Board of Revenue (FBR) Rashid Mahmood Langrial on Wednesday said an amount of Rs. 72 billion had been… Read More
Pakistani Rupee Declines 3rd Consecutive Day Against US Dollar
The Pakistani rupee (PKR) closed in red against the US Dollar (USD) 3rd day in a row today after opening… Read More
Planning Ministry Seeks Rs. 30 Billion for Ongoing Projects in FY26
The Planning Ministry has requested over Rs. 30 billion for ongoing projects in the next financial year, including Rs. 10… Read More
UBL Was The 2nd Most Profitable After Meezan Bank in 2024
United Bank Limited (UBL) Wednesday announced a consolidated profit after (PAT) tax of Rs. 75.78 billion for the calendar year… Read More
South Korea-Based Shareholder Approves Sale of 75% Stake in Lotte Chemical Pakistan
The Board of Directors of the Lotte Chemical Corporation South Korea (LCC Korea), the majority (75.01 percent) shareholder of Lotte… Read More
Silkbank Shareholders Approve Merger with UBL
Shareholders of Silkbank Limited (PSX: SILK) have approved the proposed amalgamation of the bank into United Bank Limited (PSX: UBL),… Read More
