The oil refining sector is currently looking for a way out as Independent Power Producers (IPPs) are refusing to lift… Read More
Customs Seizes Drugs Worth Rs. 1.34 Billion at Torkham
Continuing on its relentless anti-smuggling drive, Pakistan Customs (Federal Board of Revenue) has seized contraband items (narcotics) worth Rs. 1.340… Read More
Govt Grants Conditional Exemptions to Power Companies
The government has finally granted conditional exemptions to all the power distribution, transmission, and generation companies from the approval of… Read More
Finance Minister to Launch FBR’s National Sales Tax Return Tomorrow
Building further on its ongoing drive for digitization to facilitate the taxpayers, promote ease of doing business and reduce compliance… Read More
FBR Gives Deadline for Businesses to Integrate with Point of Sale System
In a bid to collect maximum taxes from big retailers, the Federal Board of Revenue (FBR) has made public the… Read More
SBP Directs Exporters to Bring in Foreign Income Proceeds Within 120 Days
With an objective to improve the timely inflow of foreign exchange from export proceeds in the market, the State Bank… Read More
ECC Allows Import of 50,000MT of Urea from China on Urgent Basis
The Economic Coordination Committee (ECC) authorized the import of 50,000 Metric Ton (MT) of Urea on a Government-to-Government (GoG) basis… Read More
Govt Reconsidering Increased Taxes After Backlash from Telcos
The government is revisiting its decision to increase the tax on the telecom industry after receiving backlash following the announcement… Read More
PTA Starts Application Process for Long Distance and International Licenses
Pakistan Telecommunication Authority (PTA) has started accepting applications for Long Distance and International (LDI) licenses for Pakistan with an application… Read More
Govt is Considering Rice and Medicine Exports to Afghanistan in PKR
Pakistan is considering exporting rice and pharmaceuticals to Afghanistan against Pakistani currency to help out the neighboring country in dealing… Read More
Pakistan Fulfils Another IMF Requirement for $1 Billion Loan
The federal Cabinet has agreed to make the details of sovereign guarantees public to meet another condition of the International… Read More
SECP Directs NBMFCs to Follow Risk Management Guidelines
The Securities and Exchange Commission of Pakistan (SECP) has directed the Non-Banking Micro Finance Companies (NBMFCs), having a gross loan… Read More
