The Securities and Exchange Commission of Pakistan (SECP) registered 2,477 new companies in October 2024. This brings the total number… Read More
Landmark Spinning Industries Changes Name to Liven Pharmaceuticals Ltd
Landmark Spinning Industries Limited (PSX: LMSM) has changed its name to Liven Pharmaceuticals Limited (PSX: LIVEN). Its principal line of… Read More
SECP Expands Scope of Eligibility for Appointing CFOs At Insurance Companies
The Securities and Exchange Commission of Pakistan (SECP) has expanded the scope of eligibility criteria for appointment of Chief Financial… Read More
SBP Adopts AAOIFI Shariah Standards For Islamic Banking
The State Bank of Pakistan (SBP) has adopted Accounting and Auditing Organization for Islamic Financial Institutions’ (AAOIFI) Shariah Standards for… Read More
FBR Lowers Minimum Value of Suppling Locally Produced Steel Goods
The Federal Board of Revenue (FBR) has made a major reduction in the minimum value of supply of different types of… Read More
SECP Bars Shareholders With Over 1% Voting Rights to Act As Independent Directors
A person who, directly or indirectly holds more than one percent voting rights in a listed company shall not be… Read More
SECP Alerts Public Against Fraudulent Investment Deposit Taking Platform Smartpays
The Securities and Exchange Commission of Pakistan (SECP) has identified an illegal investment/deposit-taking platform operating under the name “SMARTPAYS“. The… Read More
SECP Issues Master Circular for Mutual Funds, Investment Schemes, Advisories
The Securities and Exchange Commission of Pakistan (SECP) issued a master circular here for Mutual Funds/Collective Investment Schemes/ Investment Advisory… Read More
SECP Increases Minimum Paid-Up Capital Requirement for Insurance Companies
The Securities and Exchange Commission of Pakistan (SECP) has substantially enhanced the minimum required amount of paid-up capital for insurance… Read More
SECP Revises Procedure for Filing Tax Returns By Companies
The Securities and Exchange Commission of Pakistan (SECP) has revised the procedure for filing of returns (Form-9) by companies. In… Read More
Excise Duty on Transfer of Properties Challenged At Sindh High Court
Sindh High Court (SHC) has taken up the issue of imposition of Federal Excise Duty (FED) on the allotment or… Read More
FBR Reconstitutes Committee to Implement Single Portal for Sales Tax Return Filing
The Federal Board of Revenue (FBR) has reconstituted the Single Sales Tax Return Design, Development & Implementation Committee for Single… Read More
