The federal government has failed to establish a comprehensive electronic asset declaration unit. Sources told ProPakistani that the International Monetary… Read More
State Bank to Announce Monetary Policy on Friday
The Monetary Policy Committee of the State Bank of Pakistan (SBP) will meet on Friday, November 25, 2022, in Karachi… Read More
IT Industry Recommends Automated Tax Regime
The IT industry has recommended an automated tax regime for the IT/ITes sector to ensure business. Pakistan Software Houses Association… Read More
Tariffs on New Solar Plants to be Adjusted Annually
Tariffs on new solar power plants will be adjusted annually rather than quarterly in order to offset exchange rate movements.… Read More
Amid Economic Crisis, Telcos Push to Delay 5G Launch in Pakistan
The launch of 5G network services in the country has seemingly been delayed as mobile companies have expressed a lack… Read More
Dawood Hercules Adopts Resolution to Invest Rs. 5.35 Billion in Associated Companies
Dawood Hercules Corporation (DAWH) Limited will invest up to Rs. 5.35 billion in the shares of associated companies. According to… Read More
Appointment of PIDE VC Challenged in Islamabad High Court
A writ petition has been filed in Islamabad High Court (IHC) to declare the appointment of vice-chancellor (VC) of the… Read More
FBR Increases Financial Security Deposit Limit By Customs Clearing Agents
The Federal Board of Revenue (FBR) has increased the financial security to be deposited by the new customs clearing agents… Read More
FBR Defines Powers of DG National Nuclear Detection Architecture
The Federal Board of Revenue (FBR) has defined the functions, jurisdiction, and powers of the newly established Directorate-General of National… Read More
SBP Suspends Operations of 2 More Exchange Companies
State Bank of Pakistan (SBP) has been aggressively taking action against the exchange companies which are involved in malpractices or… Read More
Edible Oil Imports in Jeopardy After Banks’ Refusal to Provide Dollars
The ghee and cooking oil industry Friday warned severe shortage of the commodity in the domestic market due to the refusal of commercial… Read More
OGRA Denies Rumors of Fuel Shortage in Pakistan
Pakistan has enough fuel stockpiled to last a little over three weeks until the need arises to maintain tabled production.… Read More
