Oil and gas exploration and production (E&P) firms have requested a tariff differential subsidy of at least Rs. 500 billion… Read More
Finance Ministry to Cut Energy Subsidies in Budget 2023-24
The Ministry of Energy will not get a subsidy of more than Rs. 1 trillion in the fiscal budget 2023-24,… Read More
Hino, Toyota, Mitsubishi and Daimler Truck Ink MoU for Developing Advanced Tech
Hino Motors Limited (Hino) – the parent company of Hinopak Motors Limited (PSX: HINO) – Daimler Truck, Mitsubishi Fuso Truck… Read More
Activists Neglect Issue of Illicit Cigarettes Hindering Health Objectives and Govt Revenue
Anti-tobacco activists in Pakistan have come under scrutiny for their singular focus on legal cigarettes, overlooking the widespread presence of… Read More
P@SHA Asks Govt to Abolish Tax on Export Receipts in Upcoming Budget
Pakistan Software Houses Association (P@SHA) has asked the government to abolish the 0.25 percent tax on export earnings of IT… Read More
WorldCall’s Parent Company to Complete NASDAQ Listing by July
Worldcall Services (Private) Limited (WSL), the parent company of WorldCall Telecom Limited (PSX: WTL), is expected to be listed on… Read More
Pakistan’s Economy Will Be Interest-Free by 2027: SBP Governor
Pakistan’s economy will be interest-free by 2027, said Governor State Bank of Pakistan (SBP) Jameel Ahmed at the inaugural Islamic… Read More
Stock Exchange Companies Have Backup Plan to Avoid Govt Raid
Many publicly traded firms have started hinting at distributing dividends and bonus shares in the guise of expanding their “authorized… Read More
Pakistan Banks Association Asks FBR to Reduce Tax Rate For Banks in Budget 2023-24
The Pakistan Banks Association (PBA) in its federal budget proposals for the fiscal year 2023-24 (FY24) has requested the Federal… Read More
Events of 9 May ‘Convince’ Govt to Amend Data Protection Bill
The government has decided to make further amendments to the draft of the Personal Data Protection Bill, in the aftermath… Read More
Askari Bank Attains Payment Card Industry Data Security Standard Certificate
Askari Bank (AKBL) has attained the “Payment Card Industry Data Security Standard (PCI DSS v3.2.1)” compliance and certification, which is… Read More
Revenue Commission Wants Cashless Transactions At Petrol Pumps in FY2023-24
The Reforms and Revenue Mobilisation Commission (RRMC) has proposed cashless transactions for fuel purchases at all petrol stations across Pakistan.… Read More
