Pakistan Nears Securing External Financing to Unlock $7 Billion IMF Program: Finance Minister
Pakistan is at an advanced stage of securing external financing commitments, which are crucial for unlocking a new $7 billion
Pakistan’s Trade Deficit Hits 11-Month Low in August As Exports Increase
In August 2024, Pakistan’s trade deficit decreased by more than 20 percent, reaching an 11-month low of $1.675 billion. Pakistan’s
Mini-Budget: FBR to Raise Withholding Taxes by 1% if Revenue Shortfall Continues
The Federal Board of Revenue (FBR) is likely to raise the rate on 31 different kinds of withholding taxes by
FBR Suspends Two Officers Over Illegal Refunds
The Federal Board of Revenue (FBR) has taken disciplinary action against two officers in connection with the issuance of illegal
Millat Tractors to Resume Production from Tomorrow
Millat Tractors Limited (PSX: MTL) will resume its production tomorrow, the company informed the Pakistan Stock Exchange (PSX) on Tuesday.
Monsoon Season Hits Petroleum Sales, Down by 14% in August 2024
In August 2024, Pakistan’s Oil Marketing Companies (OMCs) saw a notable shift in sales, with oil sales reaching 1.2 million
Military Leadership Engages with IPPs to Address Power Sector Challenges
In a significant development aimed at revitalizing Pakistan’s power sector, the country’s top military leadership has engaged with independent power
FBR and Traders to Jointly Review Commercial Property Valuations for Retailers’ Monthly Advance Tax
The Federal Board of Revenue (FBR) and the traders’ community have agreed to collaboratively review the valuation tables of commercial
SECP Issues Warning Against WhatsApp Groups Offering Fake Investment Training Courses
The Securities and Exchange Commission of Pakistan (SECP) has issued a public alert regarding the increasing number of fraudulent social
PTA Moves Closer to 5G Launch as 5 Global Firms Submit Bids
The Pakistan Telecommunication Authority (PTA) has taken a significant step towards the launch of 5G services in Pakistan, with five
