Key capital market institutions in Pakistan have signed an agreement to establish the Capital Market Development Fund (CMDF), a new… Read More
FBR Revises Import Rates for Moisture-Resistant Plastic Used in Packaging
The Directorate General of Customs Valuation, Karachi has revised customs values on the import of biaxially oriented polypropylene (BOPP) films… Read More
IHC Declares Verdict in Favor of CDA Canceling Lease of One Constitution Avenue
The Islamabad High Court has issued its detailed written judgment on the cancellation of the lease for One Constitution Avenue,… Read More
Govt Begins Writing Crypto Regulations With Input From Industry Leaders
Pakistan Virtual Assets Regulatory Authority (PVARA) has announced the formation of a formal consultative group to develop Pakistan’s virtual assets… Read More
Federal Constitutional Court Restores Super Tax on All Types of Income
The Federal Constitutional Court has upheld the legality of the super tax under Section 4C of the Income Tax Ordinance,… Read More
SECP Working on New Plan to Revive PSX-Based ETF Market for Investors
The Securities and Exchange Commission of Pakistan (SECP) has granted in-principle approval for a comprehensive reform roadmap aimed at developing… Read More
Action Against Cigarette Sector Allegedly Disrupted by Political Pressure on FBR Staff
Enforcement actions are allegedly being thwarted against tax-evading cigarette manufacturers linked to politically connected individuals in Pakistan. Inland Revenue sources… Read More
SECP Plans New Way to Verify Investors Online Using IBAN, E-Wallets and Face ID
The Securities and Exchange Commission of Pakistan (SECP) has proposed new rules to introduce IBAN-based and biometric verification for digital… Read More
Three PSX Firms to Be Delisted After Failure to Clear Outstanding Dues
The Pakistan Stock Exchange (PSX) has ordered mandatory share buybacks in Haseeb Waqas Sugar Mills Limited (PSX: HWQS), Dadabhoy Construction… Read More
SECP Orders Companies to Reveal Their Real Owners Or Pay Rs. 1 Crore Fine
The Securities and Exchange Commission of Pakistan (SECP) has issued a strict directive requiring all companies to submit Ultimate Beneficial… Read More
CDA Ends Cheque Payments, Moves All Vendor Transactions Online
The Capital Development Authority (CDA) has introduced a mandatory digital payment system for all transactions involving vendors and suppliers, marking… Read More
Cigarette Giant Urges Govt to Skip Tax Increase on Tobacco Sector in Next Budget
A representative of British American Tobacco (BAT) has urged the Pakistani government to avoid increasing the Federal Excise Duty (FED)… Read More
