President Dr. Arif Alvi has approved amendments in Companies Act 2017 to provide an enabling regulatory framework to facilitate startups… Read More
SECP Makes it Mandatory to Obtain Clearance Before Appointing Directors
The Securities and Exchange Commission of Pakistan (SECP) is making it mandatory for securities exchange, clearinghouse and central depository to… Read More
SECP Introduces New Regime for Securities Brokers
The Securities and Exchange Commission of Pakistan (SECP) has introduced new brokers regime for securities brokers by dividing brokers into… Read More
Pakistan Flour Mills Association Fined Rs. 75 Million for Illegally Increasing Prices
Competitive Commission of Pakistan (CCP) has imposed a heavy penalty of Rs. 75 million on Pakistan Flour Mills Association (PFMA)… Read More
Notices Issued to Over 115,000 Individuals & Celebrities Involved in Transactions Worth Trillions
The Federal Board of Revenue has issued notices to 115,223 high net worth unregistered persons involved in banking transactions of… Read More
SECP Proposes Amendments in Public Offering Regulations 2017
The Securities and Exchange Commission of Pakistan (SECP) has proposed certain amendments in the Public Offering Regulations 2017 for seeking… Read More
Shell Pakistan Introduces Aluminum Tank Lorries for Fuel Transport
Shell Pakistan Limited (SPL) is dedicated to improving industry standards, setting benchmarks and bringing innovation to Pakistan’s energy industry. Shell… Read More
Dubai Launches Virtual Company Licences for Non-Resident Pakistanis
Dubai has introduced its first ‘Virtual Policy’ to allow investors from across the world to do business there without acquiring… Read More
SBP Unifies QR Payment Standards Across Pakistan With New Regulations
The State Bank of Pakistan (SBP) has issued standards for commercial banks offering QR payment service. In order to promote… Read More
Corporate Companies Now Required to Submit Compliance Certificate: SECP
The Securities and Exchange Commission of Pakistan (SECP) has made it compulsory for the corporate sector to submit compliance certificate… Read More
ARY Served Notice Worth Rs. 992 Million in Tax Evasion Case
ARY Communications Limited has been served a notice of Rs. 992 million by the Federal Board of Revenue (FBR). This… Read More
ZIC Issued Notice Over Misleading Marketing Campaign
The Competition Commission of Pakistan (CCP) has issued a show-cause notice to M/s Hi-Tech Blending (Pvt.) Ltd, the importer of… Read More
KP Govt. Reduces Sales Tax on Several Services to As Low As 2%
The Khyber Pakhtunkhwa (KP) government has reduced the rate of sales tax to as low as 2 percent on 28… Read More
Govt to Finally Propose A Law to Protect Ownership Rights of Pakistani Origin Goods
The government of Pakistan has finally decided to propose the Geographical Indication (GI) Bill in the National Assembly to protect… Read More
Traders Call Off Strike After Successful Deal With FBR on CNIC Condition
The Federal Board of Revenue (FBR) has struck a deal with the traders’ associations after which they have agreed to… Read More
