The Ministry of Finance on Sunday announced that an International Monetary Fund (IMF) scoping mission is visiting Pakistan to undertake… Read More
Govt Posts Highest Ever Petroleum Levy Collection for First Half of Any Fiscal Year
The federal government collected Rs. 549.41 billion in petroleum development levy (PDL) during the first half of the 2024-25 fiscal… Read More
FBR Caught Sleeping As Telco Silently Issues Reduced Tax Certificates
Federal Tax Ombudsman (FTO) has unearthed a new kind of strange activity by a telecom operator involved in the issuance… Read More
Govt Likely to Put More Tax Burden on Salaried Class Once Again
The federal government is expected to impose additional tax burdens on the salaried class as total tax collection from this… Read More
HBL Allocates Deferred Compensation in Shares for Key Executives in a Trust
Habib Bank Limited (PSX: HBL) informed the main bourse today that the deferred component for the variable compensation for Material… Read More
SBP Bought $3.8 Billion From Banks in First 4 Months of FY25
The State Bank of Pakistan (SBP) bought $3.8 billion from the interbank market in June-October 2024 to increase forex reserves… Read More
IMF to Finally Reveal Bailout Review Date After Breakthrough in Sindh Agriculture Tax Law
President Asif Ali Zardari and Deputy Prime Minister Ishaq Dar brokered a breakthrough behind the scenes to make the Sindh… Read More
Donald Trump’s Trade War With China May Shift Export Orders to Pakistan: Report
Given the trade wars and tariffs imposed on China by the USA, export orders are expected to be redirected toward… Read More
IT Ministry Seeks Rs. 43.6 Billion Development Budget for Next Fiscal Year
The Ministry of IT & Telecom has drafted initial proposals for its federal Public Sector Development Program (PSDP) budget for… Read More
Public Accounts Committee Resolved Only 12% of 41,700 Audit Objections in 14 Years
The Public Accounts Committee (PAC) of the National Assembly reviewed 41,700 audit objections over the past 14 years but managed… Read More
Millat Tractors to Challenge FBR’s ‘Illegal’ Rs. 18 Billion Sales Tax Liability
Millat Tractors Limited (PSX: MTL) has decided to challenge the Federal Board of Revenue’s (FBR) order of Rs. 18 billion… Read More
MSCI Likely to Add 6 More PSX Companies to its Indices This Month
Morgan Stanley Capital International (MSCI) is expected to add 6 more stocks from the Pakistan Stock Exchange (PSX) to its… Read More
