Infrastructure & Growth Capital LP no has no indirect stake in K-Electric Limited (PSX: KEL) after giving up its shares… Read More
Financial Sector Showed Steady Performance in 2023, Posts 27% Growth in Asset Base: SBP
The State Bank of Pakistan (SBP) has issued its annual flagship publication, the Financial Stability Review (FSR) for CY2023, which… Read More
Special Court to Take Up Mega Tax Fraud Case Against Leading Tractor Manufacturer
Special Judge Customs & Excise Taxation Karachi will take up the matter of alleged tax fraud on fake/flying sales tax… Read More
Interloop is Now Largest Textile Exporter of Pakistan
Interloop Limited (PSX: ILP) has become one of the largest exporters of Pakistan after recording $530 million in total exports… Read More
SBP Policy Rate May Gradually Decrease This Year: Aurangzeb
Finance Muhammad Aurangzeb on Saturday said the central bank’s policy rate may gradually start falling this year. Talking to businesspeople… Read More
Banks Are Now Charging New Tax on Netflix Subscription Fees in Pakistan
After forcing banks to deduct 13 percent of provincial sales tax on advertisement services last year, the Sindh Revenue Board… Read More
Bitcoin Loses Over $6,000 in One of Its Worst Single-Day Crashes In History
Bitcoin has fallen for the fourth consecutive trading session after losing over $6,500 in the past 24 hours, down 11… Read More
PM Orders FBR to Immediately Bring 4.5 Million Non-Filers Into Tax Net
Prime Minister Shahbaz Sharif on Friday ordered the Federal Board of Revenue (FBR) to immediately bring 4.5 million non-filers into… Read More
Rupee Reverses 3-Day Losing Streak Against US Dollar After SBP News
The Pakistani rupee (PKR) reversed its 3-day losing streak against the US Dollar today after opening trade at 278 in… Read More
Sadapay Fires 30% Staff Just A Month After Papara Takeover
Pakistan-based Electronic Money Institution (EMI) SadaPay has fired around 30 percent i.e. 80 members of its workforce today, a little… Read More
Former Minister Demands Govt to Cut Interest Rate to 12% and Give Relief to Salaried Class
Former caretaker Federal Minister for Commerce and Industries Gohar Ejaz demanded that the government bring down the interest rate to… Read More
UBL Subsidiary Merges With Wall Street Exchange Company
The subsidiary of United Bank Limited, UBL Currency Exchange has merged with Wall Street Exchange Company after the approval of… Read More
