Prime Minister Muhammad Shahbaz Sharif has suspended Chief Commissioner Inland Revenue (Islamabad) and all associated officers for deliberately delaying tax… Read More
IMF Unhappy With Lavish Bonuses Given to PM Office Employees
The International Monetary Fund (IMF) isn’t happy with the federal government’s decision to give bonuses to employees of the Prime… Read More
CCP Approves Singaporean Company’s Share Acquisition in Pakistani Food Company
The Competition Commission of Pakistan (CCP) has granted approval to the share acquisition of a Pakistani food company by four… Read More
PSX Closes Above 71,400 For First Time in History
The Pakistan Stock Exchange (PSX) rallied to a new all-time high on Monday, surpassing its previous high of 70,909 seen… Read More
Pak Rupee Begins Big Week With Losses Against US Dollar
The Pakistani rupee reversed Friday’s gains against the US Dollar after opening trade at 278 in the interbank market. It… Read More
SECP Officially Registers Bank of Punjab’s Exchange Company
The Securities and Exchange Commission of Pakistan (SECP) has officially registered The Bank of Punjab’s (PSX: BOP) exchange company. “We… Read More
Aurangzeb Confident PKR is Now Stable and New IMF Program Very Near
Finance Minister Muhammad Aurangzeb is confident that the Pakistani Rupee (PKR) is now stable and the government is on track… Read More
Pakistan’s Next Big Mistake: Selling Reko Diq Stake to Saudi Arabia
Pakistan wants to sell a big chunk of its 25 percent stake in the Reko Diq mine in exchange for… Read More
FBR Eases Filing Requirement For Those Already Registered With Sales Tax Department
The Federal Board of Revenue has eased the requirement of filing balance sheets of assets and liabilities for individuals, association… Read More
World Bank to Provide $270 Million Additional Financing for CRISP Program
The World Bank will provide additional financing of $270 million for the Crisis-Resilient Social Protection (CRISP) program to support the… Read More
FTO Directs Customs to Deposit Gold, Cash in SBP or National Bank For Safe Keeping
Federal Tax Ombudsman (FTO) has directed the customs authorities to deposit all the valuable articles including gold/cash and ornaments etc… Read More
Aurangzeb to Request IMF Managing Director New Loan Program Today
Finance Minister Mohammad Aurangzeb will meet the Managing Director International Monetary Fund (IMF) Kristelina Georgieva in Washington to formally request… Read More
