Federal Tax Ombudsman (FTO) has detected a major case of fake auction of seized vehicles at the Directorate of Intelligence… Read More
Banks to Remain Open on Saturday and Sunday for Collection of Hajj Forms
In order to facilitate the intending pilgrims to deposit application forms along with dues for Hajj 2023, the State Bank… Read More
IMF Wants Financial Assurance from Other Creditors Before Finalising Pakistan’s Bailout
The International Monetary Fund (IMF) has again underscored the pressing need for timely financial support from external partners for Pakistan’s… Read More
New FBR Currency Wing Declared As Data Repository for Customs’ AML/CFT Cases
The Federal Board of Revenue (FBR) has directed the newly created Directorate of Cross Border Currency Movement (CBCM) to maintain… Read More
FBR Issues ‘Red Alerts Check List’ for Smuggling Cases Linked With Terror Financing
The Federal Board of Revenue (FBR) has issued a “Red Alerts Check List” for the Counter Terrorism Department for possible… Read More
Bannu Woollen Mills Halts Production
Bannu Woollen Mills Limited (PSX: BNWM) has decided to temporarily shut down production from 25 March to 5 May 2023.… Read More
Energy Conservation Committee Recommends Regulatory Duty Exemption for Dielectric Sheets
The energy conservation committee has recommended the exemption of a 5 percent regulatory duty on dielectric sheets to reduce energy… Read More
Dawood Lawrencepur to Sell Entire Shareholding in Reon Energy Ltd
The Board of Directors of Dawood Lawrencepur Limited (PSX: DLL) has approved entering into Share Purchase Agreement (SPA) with Juniper… Read More
SECP Simplifies Rating Requirements for Securities Brokers
The Securities and Exchange Commission of Pakistan (SECP) has simplified the rating requirements for securities brokers and abolished requirements of… Read More
FBR’s Tax Offices to Observe Extended Working Hours on March 30-31
The Federal Board of Revenue (FBR) has announced that all Large Taxpayer Offices (LTOs), Medium Tax Offices (MTOs), and Regional… Read More
IGI Life Insurance to Set Up Pension Fund
IGI Life Insurance Limited (PSX: IGIL) is set to commence the process of establishing a voluntary pension fund. In a… Read More
Govt Officially Bans Use of Old and Inefficient Light Bulbs
The government has officially banned the use of old, high-electricity-consuming bulbs and other lights as part of its energy-saving mission… Read More
