Gul Ahmed Textile Limited has maintained its profit growth of 65 percent in the first half of the financial year… Read More
Private Airline’s Passenger Plane Escapes Disaster at Islamabad Airport
A domestic private airline’s passenger aircraft narrowly escaped a disaster after one of its wings got damaged by a bird… Read More
K-Electric Reports Profit of Rs. 6.8 Billion in H1FY21
K-Electric has reported a net profit of Rs. 6.872 billion for six months of the financial year 2020-21, up by… Read More
Nestle Pakistan to Face Criminal Trial Over Alleged Death of Child
In 2018, a Lahore-based citizen had filed a First Information Report (FIR) against the international food giant Nestle Pakistan over… Read More
NEPRA takes Bahria Town and IESCO to Task for Overcharging Electricity Consumers
The National Electric Power Regularity Authority (NEPRA) has taken notice of Bahria Town Private Limited (BTPL) overcharging the electricity tariff.… Read More
Israeli Study Reveals Pfizer Vaccine’s Real-World Efficiency Against COVID-19
Pfizer’s Coronavirus vaccine offers 94% protection against symptomatic COVID-19 infection in a real-world environment, a large-scale study involving 1.2 million… Read More
Govt Increases Custom Values on Import of Iron and Steel Scrap
The Directorate General of Customs Valuation, Karachi, has upward revised customs values on the import of iron and steel scrap.… Read More
FBR to Expedite Sales Tax Recovery With a New Method
To expedite recovery of sales tax from defaulters, the Federal Board of Revenue (FBR) has empowered its Inland Revenue (IR)… Read More
FATF Announces Its Decision on Pakistan’s Greylist Status
The Financial Action Task Force (FATF), on Thursday, decided to keep Pakistan on the greylist for another four months till… Read More
Moody’s Expects Pressure on Profits for Pakistani Banks in 2021
Pakistani banks report strong 2020 profit growth despite pandemic and rising provisions, says Moody’s Investors Services. Moody’s in its latest… Read More
UBL Profits Grow By 9.2% to Rs. 20.8 Billion In 2020
United Bank Limited (UBL) posted modest growth of 9.2% in 2020 compared to the profit of 2019. According to the… Read More
Inland Revenue Offices to Remain Open on 27th February to Facilitate Taxpayers
The Federal Board of Revenue (FBR) on Thursday directed all Inland Revenue field formations to remain open and observe the… Read More
