The Security and Exchange Commission of Pakistan (SECP) Policy Board reviewed the regulatory regime for Initial Public Offerings (IPOs) and… Read More
LHC Prohibits Sales Tax Collection from Unregistered Traders
The Lahore High Court (LHC) has declared the collection of sales tax by FBR on its own as unlawful. The… Read More
SECP Bans 9 Cryptocurrency Companies Operating in Pakistan
The Securities and Exchange Commission of Pakistan (SECP) has banned nine companies dealing in cryptocurrencies and offering Ponzi/MLM, referral marketing,… Read More
Non-Filers Will Not Be Allowed to Buy Properties After March 31st
Non-filers of income tax returns for the tax year 2018 will not be able to purchase properties till June 30, 2020.… Read More
SBP Wants All Banks To Upgrade Their Databases of Depositors
State Bank of Pakistan has advised all commercial banks to install or update their systems including software(s) and database(s) to… Read More
Advance Tax on Buying and Selling Shares Has Been Abolished: PSX
Pakistan Stock Exchange (PSX), in a notification on Tuesday, announced that advance tax on buying and selling of shares has… Read More
Commerce Ministry Bans Short-Life & Uncertified Halal Imported Food Items
The Ministry of Commerce has notified a ban on the imports of short-life edible products to narrow down the widening… Read More
FBR Cuts Additional Customs Duty on 200 Items Including Auto Parts
The Federal Board of Revenue (FBR) has abolished the two percent additional customs duty on the import of 200 items… Read More
New Law to Treat Under-Invoicing As a Criminal Offense
The government is considering to amend the law and treat under-invoicing as a criminal offense to prevent multibillion dollars’ worth… Read More
PM Advisor Clarifies Govt Policy for Foreign Shareholders Hasn’t Changed
In a meeting with members of Overseas Investors Chamber of Commerce and Industry (OICCI), Abdul Razak Dawood, Advisor to the… Read More
CCP Fines Popular Cafe for Illegally Copying Starbucks
The Competition Commission of Pakistan (CCP) has imposed a penalty of Rs 5 Million on a Lahore-based café owned by… Read More
Full Text of Mini Budget Speech by Asad Umar, Minister Finance
Mr. Speaker It is an honor for me to present to the house a package of investment and export promotion… Read More
Govt Approves 10-Year Imprisonment and Rs. 50 Million Fine for Money Laundering
The Ministry of Finance has approved 10-year imprisonment and a Rs. 50 million penalty for people involved in money laundering.… Read More
National Institute of Human Resource Management is an Unregistered & Fake Company: SECP
The Securities and Exchange Commission of Pakistan (SECP) has said that it has noticed an entity named “National Institute of… Read More
Digital Economy Can Create 4 Million Jobs & Boost GDP to $50 Billion in Pakistan: OICCI
Digital economy in Pakistan can tap the abundant potential of the country’s land, its system and human resources to boost… Read More
