The Planning Commission is in process of making a proposal for the Public Sector Development Program (PSDP) for a development… Read More
FBR Creates New Directorate for Digital Invoicing and Analysis of Business Owners
The Federal Board of Revenue (FBR) Tuesday created a new Directorate General of Digital Invoicing and Analysis to integrate the… Read More
SECP to Unveil Centralized Digital Fund Distribution Platform for Asset Management Companies
The Securities and Exchange Commission of Pakistan (SECP) has decided to introduce a centralized digital mutual fund distribution platform acting… Read More
Commerce Ministry Notifies New Import/Export Policy Orders
The Ministry of Commerce officially announced the new Import Policy Order, 2022 and Export Policy Order, 2022 yesterday. A tax… Read More
SECP Declares That Income Tax Returns and Wealth Statement Are Insufficient for AML
The Securities and Exchange Commission of Pakistan (SECP) declared that the income tax returns and wealth statements do not completely… Read More
FBR Will Now Serve Electronic Notices to Taxpayers Through IRS
The Federal Board of Revenue (FBR) has obtained legal backing to the serving of notices electronically in all such cases… Read More
FBR Conducts First Meeting to Discuss Proposals on Budget FY2022-23
The Federal Board of Revenue (FBR) has convened its first meeting to discuss the budget proposals and their revenue implications… Read More
OCAC Confirms Ample Availability of Fuel Supplies in the Country
Oil Companies Advisory Council (OCAC) has reported that ample stocks of Motor Spirit (MS) & High-Speed Diesel (HSD) are available… Read More
Pakistan to Receive Additional $2 Billion from IMF
Pakistan underwent a major breakthrough in talks with the International Monetary Fund (IMF) as a Finance Ministry official said the… Read More
Companies Violating Modaraba Regulations to Face Heavy Penalties
The Securities and Exchange Commission of Pakistan (SECP) has decided to heavily penalize Modarba companies, which will deliberately violate any… Read More
Pakistan Secures 6 Expensive LNG Cargoes for May-June
A fuel-strapped Pakistan has agreed in principle to take six LNG cargoes at bid prices ranging from $24.15 to $32.6… Read More
FBR Starts Consultative Process with KCCI for Taxation in Budget FY23
The Federal Board of Revenue (FBR) has started a consultative process with the Karachi Chamber of Commerce and Industry (KCCI)… Read More
