ECC Approves Supplementary Grant of Rs.20 Billion For Operation Azm-e-Istehkam
The Federal Minister for Finance & Revenue Senator Muhammad Aurangzeb chaired a meeting of the Economic Coordination Committee (ECC) of
KIBOR Falls Following Domestic Bond Auction, Signaling Potential Interest Rate Cut
The 6-Month Karachi Inter-Bank Offered Rate (KIBOR), a key benchmark for lending rates to consumers and businesses, saw a significant
CCP Issues Show Cause Notices to GM Cables & Pipes and Newage Cables in Resale Price Maintenance Probe
The Competition Commission of Pakistan (CCP) has issued show cause notices to GM Cables & Pipes (Pvt) Ltd. and Newage
Gold Price in Pakistan Reach Record High for 3rd Straight Day
The price of gold in Pakistan has reached a new peak for the third day in a row, as reported
Millat Tractors Ltd Stops Production Amidst GST Refund Delays
Millat Tractors Limited (MTL), a leading tractor manufacturer, has announced to stop production due to ongoing issues with Goods and
Pakistan Refinery Ltd Achieves Record Profit and Operational Milestones in FY2023-24
Pakistan Refinery Limited (PRL) has announced a landmark fiscal year 2023-24, achieving record financial and operational milestones that underscore its
Internet Slowdown Threatens Pakistan’s Telcos with Rs. 12 Billion Annual Loss
The Telecom Operators Association (TOA) of Pakistan has raised an urgent alarm over the recent nationwide slowdown in internet speed,
Govt Restructures Boards of Power Distribution Companies
The Federal government has dissolved the boards of four more state-owned electricity distribution companies, sources told Raised by Numbers. New
Govt Halts Subsidies on Essential Food Items at Utility Stores
The federal government has verbally ordered the suspension of a Rs. 50 billion subsidy at utility stores, with written orders
FBR Cannot Impose Higher Withholding Tax on Purchase/Sale of Property
The Federal Board of Revenue (FBR) cannot impose enhanced rates of withholding tax retrospectively on the buying and selling of
