Sapphire Textile Mills Limited (PSX: SAPT) has entered into agreements to acquire a minority stake in RTS Textiles Group Limited,… Read More
Finance Ministry Hiring 6 Experts to Operationalize New Tax Policy Office on IMF Demand
The Ministry of Finance is recruiting six professionals to set up the Tax Policy Office (TPO) for the $7 billion… Read More
Alibaba Looks to Pakistani, Other Asian Suppliers to Maintain Market Dominance
Alibaba.com is strengthening its global supply network and is confident in securing potentially bigger supply routes from Pakistan and other… Read More
PSX Issues Risk Warning Alert Against 4 Listed Companies
The Pakistan Stock Exchange (PSX) has issued a Risk Warning Alert (RWA) against four listed companies for failing to pay… Read More
IMF Rejects FBR Request to Cut Property Transaction Taxes
The International Monetary Fund (IMF) has prohibited the Federal Board of Revenue (FBR) from reducing transaction taxes on Pakistan’s property… Read More
Pakistan Banks Cut Lending by 10% to Avoid Paying More Taxes
Pakistan banks’ lending declined by 10 percent from Rs. 15.66 trillion as of December 27, 2024, to Rs. 14 trillion… Read More
Car Prices in Pakistan Expected to Decrease After Latest IMF Relief
Pakistan and the IMF have agreed to reduce the country’s weighted average tariffs to 6 percent over five years, cutting… Read More
FBR Revises Customs Values on Import of Pins From China
The Directorate General of Customs Valuation Karachi has issued new customs values on the import of Safety Pins, Paper Pins,… Read More
PM Praises FBR for Rs. 34.5 Billion Tax Recovery on ‘Short Notice’
Prime Minister Shehbaz Sharif on Saturday convened a meeting to review the performance of the Federal Board of Revenue (FBR)… Read More
SBP Keeps Interest Rate Unchanged After Six Successive Cuts
The State Bank of Pakistan (SBP) announced on Monday that it has kept the interest rate unchanged at 12 percent.… Read More
Baluchistan Glass Issues Shares Worth Rs. 3.7 Billion to Holding Company
Baluchistan Glass Limited (PSX: BGL) has completed the issuance of 376.9 million ordinary shares to its holding company M/s MMM… Read More
IMF Talks: FBR Rules Out Mini Budget to Cover Rs. 601 Billion Tax Shortfall
The Federal Board of Revenue (FBR) has informed the International Monetary Fund (IMF) that there will be no mini-budget to… Read More
