The pecuniary jurisdiction of Commissioner Inland Revenue (Appeals) is curtailed under the Tax Laws (Amendment) Bill, 2024 for the value… Read More
MCB Bank to Convert 39 Branches Into Islamic Banking Entities
MCB Bank Limited (PSX: MCB) has approved the Scheme of Compromises, Arrangements and Reconstruction for converting 39 branches into Islamic… Read More
FBR Eases Filing Requirement For Those Already Registered With Sales Tax Department
The Federal Board of Revenue has eased the requirement of filing balance sheets of assets and liabilities for individuals, association… Read More
SECP Exposes Rs. 5 Billion Insider-Trading Scandal At State Life Insurance
The SECP has filed a criminal complaint against two individuals who were found involved in front-running equity trading by Investments of… Read More
PSX Issues ESG Primer for Listed Companies
Pakistan Stock Exchange (PSX) has taken yet another major step in realizing its vision of ESG readiness for listed companies… Read More
International Suppliers Can Now Register Offices in Pakistan For Crude Oil Trade
The Federal Board of Revenue (FBR) on Monday issued a new procedure for international oil suppliers for the import of… Read More
EFU Life to Combine With Health Insurance Subsidiary Next Month
EFU Life Assurance Limited (PSX: EFUL) has decided to combine with its health insurance subsidiary with effect from May 1,… Read More
PSX to Switch Regular Market Symbols to One Share Lot
The Pakistan Stock Exchange (PSX) has notified investors that all regular market symbols which are currently traded in lot sizes… Read More
FBR Revises Customs Value On Import of Submersible Motors
Directorate General of Customs Valuation Karachi has taken steps to control under-invoicing on the import of “Submersible Motors” from China,… Read More
FBR Increases Customs Value On Import of Pringles and Other Potato Chips
Directorate General of Customs Valuation Karachi has issued new customs values on the import of a wide range of branded… Read More
SECP Amends Regulations For Shariah-Compliant Brokerage Services in Pakistan
The Securities and Exchange Commission of Pakistan (SECP) has approved amendments in the Securities Brokers (Licensing and Operations) Regulations, 2016… Read More
FBR Slaps 20% Customs Duty on Cadbury Dairy Milk Ingredient
The Federal Board of Revenue (FBR) has rejected the viewpoint of a leading importer of dairy products for charging a… Read More
