Chinese companies feel unsafe in Pakistan according to a new survey by the China Chamber of Commerce in Pakistan (CCCPK)… Read More
Siemens Pakistan’s Parent Company Okays Sale of Energy Business for Rs. 17.8 Billion
The parent company of Siemens (Pakistan) Engineering (PSX: SIEM) has approved the sale of its energy business to a non-affiliated… Read More
FBR Eyes Rs. 300 Billion Tax Collection from Agriculture Sector
The Federal Board of Revenue (FBR) has estimated that it will collect a maximum amount of Rs. 300 billion from… Read More
IMF Flags Dangerous Risks in Govt’s Growing Dependence on Banks, SBP for Liquidity
The International Monetary Fund (IMF) has warned about the “complex tripartite relationship” between the federal government, commercial banks and the… Read More
Govt to Hike SBP Policy Rate in Case of High Inflation, External Pressures
The government has committed to the International Monetary Fund (IMF) to increase the policy rate if new inflationary pressures emerge… Read More
Govt to Publicly Reveal Assets of Bureaucrats and Officers Via New FBR Portal
The government has assured the International Monetary Fund (IMF) that asset declarations of high-level public officials (BPS 17-22) (including domestic… Read More
SBP Launches Challenge Fund For Facilitating SMEs
The State Bank of Pakistan (SBP) has launched a Challenge Fund for SMEs (CFS) to support banks and financial technology… Read More
Masood Textile Mills Raises Rs. 2 Billion From Sukuk Issue for Debt Repayment
Masood Textile Mills Limited (PSX: MSOT) has successfully completed the Sukuk issue of Rs. 2,000 million carrying a rental rate… Read More
Govt to Impose 7 New Taxes Even If It Misses FY25 Revenue Target By 1%
The federal government has agreed with the International Monetary Fund (IMF) to take new seven taxation measures during 2024-25 in… Read More
Citi Pharma Signs Joint Venture Agreement With Saudi Investment Company
Citi Pharma Limited (PSX: CPHL) has signed a joint venture agreement with All Care Group of Investment to establish an… Read More
FBR Will Now Target High Earning Filers Who Under-Report Their Tax Returns
The Federal Board of Revenue (FBR) is currently in the process of implementing harsh enforcement measures against the high-earning class… Read More
FBR to Increase Property Rates By Up to 75% Across Pakistan Today
The Federal Board of Revenue (FBR) will today (October 11) raise the values of immovable properties up to 75 percent… Read More
