Regarding the rumors circulating on social media about discontinuation of Rs.5000 banknote, SBP has categorically rejected all such rumors and… Read More
HTC’s Revenues Drop by 58% in Q2 2018 YoY
Another quarter, another loss for HTC.… Read More
FBR Grows WHT Collection from Most Sectors and Categories in FY 2017-18
The amount of withholding tax collected from cash withdrawals from banks has registered an increase of Rs 3.051 billion this… Read More
National Savings Increases Profit Rates For All Schemes
The Central Directorate of National Savings (CDNS) has issued a notification that it has revised profit rates on different schemes,… Read More
SECP Directs All Stakeholders to Adopt FATF’s Recommendations
The Securities and Exchange Commission of Pakistan (SECP) has directed authorized intermediaries to ensure that their clients, including companies, are… Read More
You Can Now Fill Out Your Tax Returns Offline With FBR’s Windows App
Federal Board of Revenue (FBR) has launched an offline application enabling taxpayers to prepare their Income Tax Return and Wealth… Read More
PSX Approves Byco Petroleum’s Privately Managed Sukuk Worth Rs 3.12 Billion
Pakistan Stock Exchange has approved the Listing of the Privately Placed, Rated and Guaranteed Sukuks of Rs 3,120 million of… Read More
SECP Registers 1,101 New Companies in August 2018
In August, the SECP registered 1,101 new companies. As compared to the corresponding month of the last financial year, it… Read More
ADB Grants $100 Million for Water in Balochistan’s Farmlands
Asian Development Bank’s (ADB) Board of Directors has approved a $100 million loan to address chronic water shortages and increase… Read More
IFC and SBP to Support Green Banking Initiatives in Pakistan
IFC, a member of the World Bank Group, and the State Bank of Pakistan (SBP) have signed an advisory agreement… Read More
Can PM Khan Turn Around US-Pak Ties for the Better?
The cricketer turned politician, Imran Khan’s swearing-in has ushered a new hope among the youth of Pakistan, but does it… Read More
Soneri Bank Posts Rs 975 Million Profit in H1 2018
Soneri Bank Limited has declared its profits for the half-year ended June 30, 2018. The growth of the bank increased… Read More
