The Federal Board of Revenue (FBR) has decided to create more than two dozen new ‘Commissioner Refund’ positions to process… Read More
SBP to Commemorate UN Day For Micro, Small and Medium Enterprises Tomorrow
On the occasion of the United Nations day on Micro, Small, and Medium-sized Enterprises (the UN MSMEs Day), the State… Read More
Treet Corporation’s Foreign Subsidiary Officially Incorporates in UAE
Treet Corporation Limited’s (PSX: TREET) foreign subsidiary Treet Trading LLC has been successfully incorporated with the Department of Economy and… Read More
Cabinet Approves Repayment of Rs. 82 Billion Loan to OGDC
The Federal Cabinet has approved the repayment of a longstanding Rs. 82 billion loan owed to the Oil and Gas… Read More
PM Approves JV to Relocate Chinese Industries to Pakistan
Prime Minister Shehbaz Sharif on Wednesday approved the joint venture initiative between Chinese and Pakistani companies aimed at relocating Chinese… Read More
Engro Corp to Become Wholly-Owned Subsidiary of Dawood Hercules
Shareholders of Engro Corporation Limited (PSX: ENGRO) and Dawood Hercules Corporation Limited (PSX: DAWH) have approved a new restructuring plan… Read More
UBL Extends Rs. 8 Billion Standby Letter of Credit Facility to Lucky Cement
United Bank Limited (PSX: UBL) has successfully extended a Rs. 8 billion Standby Letter of Credit Facility to Lucky Cement… Read More
Govt Withdraws 25% Sales Tax on Hybrid Vehicles
The federal government has withdrawn proposal to impose 25 percent sales tax on hybrid electric vehicles (HEVs) in Finance Bill… Read More
Govt Takes U-Turn on Solar Panel Taxes
The federal cabinet decided on Tuesday that no new duty will be imposed on solar panels. In a meeting chaired… Read More
PSX to Delist Allied Rental Modaraba Tomorrow
Allied Rental Modaraba will be delisted from the main bourse with effect from June 26, 2024, Wednesday, Pakistan Stock Exchange… Read More
FBR Issues Same Old Complicated Tax Return Form For Salaried Class
The Federal Board of Revenue (FBR) has issued a draft of the electronic income tax return forms for companies, association… Read More
Govt-Run Entities Reported a Loss of Rs. 905 Billion in FY23: Finance Ministry
State-owned enterprises (SOEs) reported an aggregate loss of Rs. 905 billion in fiscal year 2022-23, up 23 percent from last… Read More
