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
FBR Cannot Deny Tax Refunds on Technical Reasons: FTO
Federal Tax Ombudsman (FTO) has ruled that the right of a taxpayer including refund claims cannot be denied on the… Read More
Switzerland’s Largest Bank Acquires Crisis-Hit Credit Suisse Amid Global Crunch
Credit Suisse and Switzerland’s biggest bank UBS have merged with UBS being the surviving entity, the Zürich-based wealth manager said… Read More
Customs Stops AED 100,000 Smuggling at Islamabad Airport
Pakistan Customs on Sunday foiled an attempt to smuggle foreign currency worth millions of rupees from the new Islamabad International… Read More
SBP to Issue Rs. 50 Commemorative Coin for Senate’s 50th Anniversary
The year 2023 marks the Golden Jubilee of the Senate of Pakistan. To celebrate this significant occasion, the Federal Government… Read More
Airlines Are Struggling to Send Dollars Out of Pakistan Amid Severe Money Crunch
An aviation crisis is imminent in Pakistan where airlines are having trouble recovering $290 million due to a severe financial… Read More
FBR Issues Negative List of Over 700 Items to Avoid Fraudulent Sales Tax Refunds
The Federal Board of Revenue (FBR) has issued a list of 714 goods and services on which input tax adjustment… Read More
New Future Consumer International Wants to Acquire ZIL Ltd.
Alpha Beta Core Solutions (Private) Limited, being a manager to the offer by New Future Consumer International General Trading LLC… Read More
SHC Allows JS Bank to Carry on Process of Proposed Acquisition of Bankislami
The Sindh High Court (SHC) has allowed JS Bank Limited (PSX: JSBL) to carry on the process of the proposed… Read More
Archroma Pakistan Exploring Potential Merger with Huntsman Textile
Archroma Pakistan Limited (PSX: ARPL) is exploring a potential merger with Huntsman Textile Effects Pakistan (Private) Limited. In a stock… Read More
Govt Approves Gas Supply to Fertilizer Plants
Federal Minister for Finance and Revenue Ishaq Dar presided over the meeting of the Economic Coordination Committee (ECC) of the… Read More
FBR Still Hasn’t Resumed POS Invoicing Prize Scheme
The Federal Board of Revenue (FBR) till now has not resumed its suspended Point of Sale (POS) Prize Scheme. The… Read More
