The International Monetary Fund (IMF) has directed the Ministry of Finance and the State Bank of Pakistan (SBP) to jointly… Read More
Govt Given NAB-Like Powers to Make Arrests in Simple Tax Matters
The Finance Act 2025 has expanded the definition of tax fraud under Section 2(37) of the Sales Tax Act. Businesses… Read More
National Savings Announces Rs. 750 Prize Bond Results for July 2025
The National Savings Centre in Rawalpindi has announced the results of the Rs. 750 prize bond draw for July 2025.… Read More
China Willing to Invest More in Pakistan’s Minerals
China has expressed willingness to deepen cooperation with Pakistan in agriculture, industry, and mining, reported Reuters. This was announced in… Read More
Finance Ministry, SECP Reject Proposal to Enforce Corporate Welfare Spending
The Finance Ministry and the Securities and Exchange Commission of Pakistan (SECP) have opposed a key provision in the proposed… Read More
2025 Has Been A Very Bad Year for Petrol and Diesel Prices So Far
Over the past six and a half months, fuel prices in Pakistan have seen a consistent upward trend, with petrol… Read More
Hubco Seeks Approval for $51 Million Investment in Thar Energy Projects
The Hub Power Company Limited (HUBCO) has called an Extraordinary General Meeting (EOGM) for August 7, 2025, seeking shareholder approval… Read More
Supreme Court Orders PTCL to Recognize its Pension Liabilities
The Pakistan Telecommunication Company Limited (PTCL) has announced that the Supreme Court has disposed of its review petition concerning pensionary… Read More
No Tax on Depositing Rs. 200,000 in Bank Account: FBR
The Federal Board of Revenue (FBR) assured that no tax would be deducted on bank deposits of Rs 200,000. This… Read More
FBR Officers Can Now Legally Seize Smuggled Cigarettes
The provincial tax/revenue officers have been empowered to seize smuggled/illicit cigarettes from shops in provinces. Through an S.R.O. 1279(I)2025 issued… Read More
Govt Forms Committee to Address Concerns Over New Tax Laws in Budget
A rift has emerged within the business community over the proposed nationwide strike on July 19, 2025, against the recently… Read More
Banking Sector Deposits Increase by 14.1% to Cross Rs. 35 Trillion in June 2025
Banking sector deposits increased by 14.1 percent year-on-year (YoY) in June 2025, according to the latest data from the State… Read More
