Fauji Fertilizer Company Limited (FFC) has resumed production at its Goth Machhi Plant-I after five days. The company’s Plant-I Goth… Read More
Prime International Oil & Gas Company to Acquire Eni Pakistan Limited
A Joint Venture (JV) between Hub Power Holdings Limited and Eni’s Employee Buy-out Group is acquiring 100 percent shareholding of… Read More
Govt Manipulating Fuel Prices Will Cost Them Rs. 7.5 Billion: OCAC
Keeping oil prices unchanged for the second consecutive fortnight could cost the oil industry Rs. 7.55 billion in damages and… Read More
FBR to Impose 3% Additional Sales Tax on Unregistered Pharmaceutical Retailers
The Federal Board of Revenue (FBR) will charge an additional 3 percent sales tax (further tax) on supplies made to… Read More
Pakistani Visitors Were Sent Back From UAE Due to Fake Return Tickets
The Senate Standing Committee on Foreign Affairs was informed on Wednesday that the main reason for Pakistani visitors being sent… Read More
FBR Fixes $30,000/Person Yearly Maximum Currency Limit for Overseas Travel
The Federal Board of Revenue (FBR) has fixed a maximum limit of US$5,000 (per visit) and US$30,000 (annual) per passenger… Read More
Govt ‘Pardons’ Car Makers for Carelessly Importing Thousands of Vehicles
The Ministry of Industries & Production gave a clean chit to the companies/manufacturers/assemblers companies while saying that none of the… Read More
Courts at Odds on Taxing Rent on Pakistani Properties in UAE
Appellate Tribunal Inland Revenue (ATIR) Islamabad and the Appellate Tribunal Inland Revenue Lahore have issued conflicting judgments on the taxation… Read More
Govt Considers New Rules for Posting Trade Officers Abroad
The Federal Government is considering new policy guidelines for the posting of trade officers in Pakistani missions abroad and is… Read More
NEPRA Likely to Increase Power Tariff by Rs. 2.18 Per Unit
National Electric Power Regulatory Authority (NEPRA) is likely to raise electricity tariffs by Rs. 2.18 per unit on account of… Read More
Russia Denies LNG Deal, Agrees to Sell Coal Instead
Russia is willing to sell coal to Pakistan but has refused to sell Liquefied Natural Gas (LNG) on short notice.… Read More
Govt Reconstitutes Pakistan Development Fund Ltd Board of Directors
The Federal government has reconstituted the Board of Directors of Pakistan Development Fund Limited (PDFL) and inducted two independent members… Read More
