The new government has granted exemptions in customs duty worth Rs. 25 billion to the pharmaceutical sector on the import… Read More
K-Electric Seeks Rs. 11.34 Per Unit Tariff Hike For May
K-Electric has sought Rs. 11.337 per unit increase in its monthly fuel cost adjustment (FCA) for electricity it sold to… Read More
SECP Notifies Draft Asset Backed Securitization Regulations 2022
The Securities and Exchange Commission of Pakistan (SECP) has notified the draft Asset-Backed Securitization Regulations, 2022 (The “Regulations”) for public… Read More
SBP Recommends Work-from-Home Model for Banks to Cut Travel Costs
The State Bank of Pakistan (SBP) has asked commercial banks and financial institutions to introduce measures for reducing the utility… Read More
SECP Initiates Consultation Period on Draft Amendments to S&FA Regulations
The Securities and Exchange Commission of Pakistan (SECP) has initiated a 14-day public consultation period on draft amendments to the… Read More
OGDCL Discovers Gas in South Punjab
Oil and Gas Development Company Limited (OGDCL) has discovered a gas field in Rajanpur, Punjab. A notification issued to the… Read More
Only One Supplier Responds to Pakistan Tender for Supply of 54,000MT Petrol
Only one supplier has responded to the Pakistan State Oil (PSO) tender for the supply of 54,000 metric tons (MT)… Read More
SECP Imposes New Termination Rules for Agreements With Credit Rating Companies
The Securities and Exchange Commission of Pakistan (SECP) has imposed new conditions on the companies that intend to terminate the… Read More
Govt Withdraws Customs Duty on Palm Oil Imports from Indonesia Till End-June
The Federal Government has decided to withdraw customs duty on the import of palm oil from Indonesia up to 30… Read More
Govt to Acquire Rs. 827 Billion External Financing for Diamer-Bhasha Project
The Government of Pakistan will acquire financing of Rs. 827 billion from various donor agencies and banks for establishing 4,500… Read More
Revised Slabs on Salaried Class to Bring in Additional Rs. 125 Billion in FY23
The Chairman of the Federal Board of Revenue (FBR), Asim Ahmad, said on Saturday that the net revenue impact of… Read More
PIBTL Completes Repayment of Outstanding Loans Worth Rs. 5.49 Billion
Pakistan International Bulk Terminal (PIBTL) has released its financial burden of huge loans to the tune of Rs. 5.490 billion.… Read More
