The withholding tax collection from the salaried class witnessed 29.2 percent growth in 2021-22 as compared to the corresponding period… Read More
Summit Bank Will Become an Islamic Bank in 3 Years
The management of Summit Bank has planned to transform the operation of the bank from interest-based to Shariah-based banking mode… Read More
Govt Jacks up Prices of Ghee, Sugar, Flour At Utility Stores
The government has raised the prices of wheat flour, sugar, and ghee sold via Utility Stores Corporation (USC) by 25… Read More
FTO Study Reveals the Most Effective Mechanism to Get Justice From FBR
Taxpayers are not aware that the decisions of the Federal Tax Ombudsman (FTO) under the facility of the informal Alternative… Read More
Pakistan Urges World Bank to Restructure Financial Inclusion and Infrastructure Project
The government has requested the World Bank for restructuring the “Pakistan Financial Inclusion and Infrastructure Project” to complete the national… Read More
Pakistan Refinery Ltd Restarts Operations After 2 Weeks
Pakistan Refinery Limited (PSX: PRL) has resumed operations after nearly two weeks. According to a stock filing, the company announced… Read More
Poultry Association to Pay Rs. 25 Million Fine for Illegally Fixing Prices
While deciding the first-ever cartel case, the Supreme Court of Pakistan has decided the civil appeal filed on behalf of… Read More
Alternative Research Initiative Throws Weight Behind Pakistan’s Heated Tobacco Rules
Alternative Research Initiative (ARI) on Friday termed the Heated Tobacco Products (Heat-not-burn, Printing of Warning) Rules 2022 a step in… Read More
Banks to Remain Closed on January 2
The State Bank of Pakistan (SBP) and other banks will remain closed for public dealing on Monday, January 2, 2023,… Read More
Service Industries to Expand its Footprint in Singapore
Service Industries, through its subsidiary, has decided to incorporate a new company in Singapore, HoldCo, according to a stock filing.… Read More
Prime International Oil and Gas Company Acquires Eni’s Business in Pakistan
A joint venture (JV) between Hub Power Holdings Limited and Eni’s Employee Buy-out Group has acquired 100 percent shareholding of… Read More
Suraj Cotton Mills Cuts Production by 40% Due to Global Recession and Low Demand
Suraj Cotton Mills Limited (PSX: SURC) has announced to cut down production at all facilities by up to 40 percent.… Read More
