Pakistan is considering the possibility of introducing digital currency within its borders, Finance Minister Muhammad Aurangzeb said during a session… Read More
International Packaging Films Ltd Plans to Raise Rs. 1.47 Billion Through IPO at PSX
International Packaging Films Limited intends to raise Rs. 1.47 billion by issuing 70.1 million shares to the public representing 10.01… Read More
SBP Bought Over $5 Billion From Interbank to Keep Rupee Stable Against Dollar
State Bank of Pakistan (SBP) has so far purchased over $5 billion from the interbank market during the current fiscal… Read More
IMF Urges Pakistan to Amend Sales Tax Law to Save Trillions in Tax Fraud
The International Monetary Fund (IMF) has urged Pakistan to implement the General Anti-Avoidance Rule (GAAR) to combat tax fraud in… Read More
Rupee Drowns 4th Day in a Row Against US Dollar Despite Iran Trade Deal
The Pakistani rupee drowned 4th day in a row against the US Dollar after opening trade at 279 in the… Read More
Inquiry Reveals FBR Has Failed to Implement Track and Trace System
A comprehensive inquiry into the failure to implement the Federal Board of Revenue’s (FBR’s) Track and Trace System has made… Read More
Fertilizer Review Committee Proposes Importing 200,000 Metric Tons Urea For Kharif Season
The Fertilizer Review Committee has proposed to immediately import 200,000 metric tons of urea to address the potential threat of… Read More
Govt Likely to Decrease Petrol, Diesel Prices Next Week
MS petrol and High-Speed Diesel (HSD) prices are expected to fall next week due to a decline in international oil… Read More
Govt Wants to Restrict Role of Commissioner IR to Only Tax Refunds of Up to Rs. 20 Million
The pecuniary jurisdiction of Commissioner Inland Revenue (Appeals) is curtailed under the Tax Laws (Amendment) Bill, 2024 for the value… Read More
FBR to Disallow Input Tax Adjustment to 1,680 Unregistered Retailers
The Federal Board of Revenue (FBR) will disallow input tax adjustment of 1,680 Tier-1 retailers in case they fail to… Read More
PSX Breaks All Records to Close Above 72,000 As Momentum Continues
The Pakistan Stock Exchange (PSX) rose to a new all-time high on Wednesday, surpassing its previous high of 71,500 seen… Read More
MCB Bank to Convert 39 Branches Into Islamic Banking Entities
MCB Bank Limited (PSX: MCB) has approved the Scheme of Compromises, Arrangements and Reconstruction for converting 39 branches into Islamic… Read More
