Local refineries want the option to terminate the contract and force majeure in their upgrade deal with the Oil and… Read More
Bank of Khyber to Set Up Exchange Company
The Bank of Khyber (PSX: BOK) is set to establish an Exchange Company, the bank informed the Pakistan Stock Exchange… Read More
No Tax Exemption on Import of Carbon Alloy Wire Rods: FBR’s Customs Committee
The Customs Classification Committee of the Federal Board of Revenue (FBR) has declared that the exemption of regulatory duty cannot… Read More
FBR Revises Customs Values on Import of 100 Types of Tyres, Tubes
Directorate General of Customs Valuation Karachi has revised customs values on the import of over 100 different types of tyres… Read More
FBR Informs Finance Minister It Will Achieve Tax Collection Target for Q2 FY24
The Federal Board of Revenue (FBR) informed Caretaker Finance Minister Dr. Shamshad Akhtar that the tax machinery would achieve the… Read More
SECP Forms Committee to Review Shareholder Meeting Practices of PSX-Listed Companies
The Securities and Exchange Commission of Pakistan (SECP) has constituted a committee of experts to review the manner of conduct… Read More
Agriauto Industries Ltd to Observe Partial Shutdown in November
Agriauto Industries Limited (PSX: AGIL) has announced a partial shutdown amid reduced production volumes of its major customers, the company… Read More
Dawood Lawrencepur Ltd to Divest Shares in 50 MW Wind Plant in Sindh
Dawood Lawrencepur Limited (PSX: DLL) has decided to divest its equity stake in Tenaga Generasi Limited which owns a 49.5… Read More
Engro Corp Exploring Equity Partnership With Liberty Power Tech
Engro Corporation Limited (PSX: ENGRO) has entered into discussions with Liberty Power Tech Limited to form a strategic equity partnership… Read More
Govt Amends Rules for Treasury Bonds and IJara Sukuk
The Federal Cabinet has granted its approval to the summary presented by the Ministry of Finance, making amendments aimed at… Read More
FBR ‘Illegally’ Commences Restructuring of Pakistan Revenue Automation Ltd
The Federal Board of Revenue (FBR) has issued an illegal notification on the restructuring and revitalization of Pakistan Revenue Automation Limited (PRAL)… Read More
CCP Sets Up Intelligence Unit for Robust Market Surveillance
The Competition Commission of Pakistan (CCP) has launched a new Market Intelligence Unit (MIU). Its objective is to create advanced… Read More
