The International Monetary Fund (IMF) has submitted its Governance and Corruption Diagnostic Assessment report to the Finance Division, where it… Read More
Immediate Tax Recovery After Notice Without Payment Deadline Unlawful: Experts
Tax practitioners have declared the same-day tax recovery from bank accounts immediately after issuing notices under Section 140 of the… Read More
Govt Approves Rs. 30 Billion Grant to Resume Remittance Subsidies
The federal government has approved an initial Rs. 30 billion supplementary grant to restart foreign remittance subsidies under the Pakistan… Read More
Accelerate Prosperity Invests in BusCaro
Accelerate Prosperity has announced an investment in BusCaro, a tech-based ride-sharing platform operating in Pakistan’s major cities, to help expand… Read More
Cash Deposit in Seller’s Bank Accounts Will Now Be Treated As Valid Payments: FBR
The Federal Board of Revenue (FBR) has clarified that cash deposits made directly by buyers into a seller’s bank account… Read More
CCP Postpones Cartel Case After 70 Sugar Mills Beg for Delay
The Competition Commission of Pakistan (CCP) has postponed the sugar cartelisation case hearing to September 22–25, 2025, following adjournment requests… Read More
OGDCL Receives Rs. 7.7 Billion in 1st Interest Payment Under Circular Debt Plan
Oil and Gas Development Company Limited (PSX: OGDC) has received the first interest payment of Rs. 7.725 billion from Power… Read More
Existing Taxpayers Won’t Be Overburdened Under New Tax Reforms: Minister
Federal Minister for Law and Justice Azam Nazeer Tarar has said that the present government has introduced reforms in the… Read More
Nishat Group Partners with China’s Chery to Assemble EVs in Pakistan
Nishat Group is setting up a $100 million electric vehicle (EV) manufacturing venture in Pakistan in partnership with China’s Chery… Read More
Pakistan’s Key Interest Rate Highest Among Regional Economies
The policy rate in Pakistan remains the highest in the region, including competing countries, as the State Bank of Pakistan… Read More
Pakistan to Import US Crude Oil for the First Time
Cnergyico (PSX: CNERGY) will import Pakistan’s first-ever crude oil cargo from the United States in October 2025 under a term… Read More
FBR Successfully Meets Rs. 748 Billion Tax Target for July 2025
The Federal Board of Revenue (FBR) has achieved its monthly tax collection target of Rs 748 billion for July 2025,… Read More
