The Federal Board of Revenue (FBR) has established 16 checkposts with mobile teams for specific routes in Khyber Pakhtunkhwa. According… Read More
6-Month KIBOR Surges to All-Time High of 16.81%
The 6-Month Karachi Inter-Bank Offered Rate (KIBOR), a benchmark for lending to consumers and businesses, surged by 91 basis points… Read More
NHA Recommends Reconstruction of Moro-Ranipur N5 Link Under ADB Program
The National Highway Authority (NHA) Executive Board recommended the PC-I for “Rehabilitation and Reconstruction of N-5 from Moro to Ranipur… Read More
Millat Tractors to Fight Against Charges of Sales Tax Invoicing Violations
Millat Tractors Limited (MTL) has decided to fight against the Federal Tax Ombudsman’s (FTO) order on Sales Tax Invoicing and… Read More
IT Ministry Shares Draft Computer Emergency Response Team Rules with Stakeholders
The Ministry of Information Technology and Telecommunication has prepared the computer emergency response team (CERT) rules and shared the draft… Read More
SBP Raises Interest Rate by 1%
The State Bank of Pakistan’s (SBP) Monetary Policy Committee (MPC) on Friday raised the policy rate by 100 basis points… Read More
FBR Transfers Officer Who Allegedly Leaked Gen. Bajwa’s Tax Record
The Federal Board of Revenue (FBR) on Thursday transferred Deputy Commissioner Corporate Tax Office (CTO) Atif Nawaz Warriach whose name… Read More
Govt Paying Rs. 291 Billion Annual Subsidies to K-Electric Customers
The Federal government is providing Rs. 291 billion annual subsidies to K-Electric for protecting Karachiites from the impact of expensive… Read More
Swvl Trims More Workforce in Second Round of Layoffs
Swvl, a global provider of transformative tech-enabled mass transit solutions, has cut a massive chunk of its global workforce including… Read More
Colony Textile Mills to Invest Rs. 30 Million in Stitchrite Pvt Ltd
Colony Textile Mills (CTM) Limited has decided to invest Rs. 30 million in its wholly-owned subsidiary Stitchrite (Private) Limited. According… Read More
HUBCO Issues $150 Million Standby Letter of Credit to CPHGC
Hubco has issued a Standby Letter of Credit (SBLC) worth $150 million to China Power Hub Generation Company Limited (CPHGC).… Read More
World Bank Confident That Indus Water Treaty Will Be Implemented Properly
The World Bank (WB) held two separate hand-over meetings with the Neutral Expert (NE) and the Chairman of the Court… Read More
