There has been a change in the acquiring entities of Engro Powergen Qadirpur Limited (PSX: EPQL) who want to purchase… Read More
Investors Will Be Able to Open Multiple Trading Accounts Starting Next Week
The National Clearing Company of Pakistan Limited (NCCPL) has launched the Simultaneous Account Opening Facility to help investors open multiple… Read More
Govt May Increase Tax on Cash Withdrawal From July 2024
The federal government is likely to increase an advance tax on cash withdrawal by non-filers from banks in the next… Read More
MSCI Likely to Add At Least 3 More PSX Companies to Its Indices
MSCI is scheduled to release its results of the May 2024 Semi-Annual Index Review today (ie. May 14, 2024). The… Read More
Ghazi Fabrics Shuts Down Its Spinning Units Until Further Notice
Ghazi Fabrics International Limited (PSX: GFIL) has closed its spinning units until further notice, the textile company informed the main… Read More
19.1% Duty on Steel Imports From China Extended for 5 Years
The National Tariff Commission (NTC) has announced that it has decided to continue the anti-dumping duty of 19.15 percent on… Read More
Govt Threatens to Take PTA, Telcos to Court For Refusing to Block SIMs
The Federal Board of Revenue (FBR) is considering legal action against the Pakistan Telecommunication Authority (PTA) and telecom companies for… Read More
Taxpayers to Deposit 30% of Disputed Amount With FBR
Taxpayers are bound to deposit 30 percent of the determined tax with the Federal Board of Revenue (FBR) in cases… Read More
FBR Notifies Jurisdiction/Limits of Customs Terminals At Torkham And Chaman Borders
The Federal Board of Revenue (FBR) has informed importers/exporters about the jurisdiction and limits of “Customs House, Torkham”; Customs Border… Read More
SECP Organizes Workshop on Capital Markets Surveillance
The Securities and Exchange Commission of Pakistan’s (SECP)Centralized Gateway Portal (CGP), for retail investors, has simplified the process for opening… Read More
Govt to Slowly Allow Pump Owners to Set Their Own Petrol Prices
The federal government plans to deregulate petroleum prices gradually and only after taking all dealers and Oil Marketing Companies (OMCs)… Read More
IMF Wants Pakistan to Increase Tax Burden on Salaried Class
The International Monetary Fund (IMF) wants Pakistan to rationalize tax rates for individuals by removing the salaried/non-salaried distinction and reducing the… Read More
