FBR Imposes Surcharge on Late Filers for Inclusion in Active Taxpayer List
Late filers of income tax returns have to deposit a “surcharge” to the Federal Board of Revenue (FBR) for including their
Sindh High Court Strikes Down PSX Futures Trading Rule in Favor of Stock Brokers Association
The Pakistan Stock Brokers Association (PSBA) filed a Constitutional Petition (CP) in July 2021, before the High Court of Sindh
Pakistan’s IT Exports Grow by Over 33% to $876 Million in Q1
Pakistan’s information technology and IT-enabled services (ITeS) export remittances, comprising computer services and call center services, registered 33.7 percent growth
Pakistan Posts Highest Current Account Surplus After April 2024
Pakistan’s current account recorded a surplus of $119 million in September 2024, a significant turnaround from the $218 million deficit
FBR Withdraws Requirement of Filing of Affidavits by CFOs
The Federal Board of Revenue (FBR) has withdrawn its requirement that chief financial officers (CFOs) and authorized representatives file affidavits
Pakistan’s Macroeconomic Situation Improved: SBP
The State Bank of Pakistan (SBP) released the Annual Report on the State of Pakistan’s Economy for the fiscal year
Chinese Firm to Inject $1 Billion into Pakistan Refinery Limited for Major Upgrade
In a significant development for Pakistan’s energy sector, a Chinese investment company has committed to investing $1 billion in Pakistan
5 IPPs to Receive Rs. 72 Billion in Cash Settlements, 18 More Expected in Next Round
Five Independent Power Producers (IPPs) in Pakistan are set to receive a total of Rs. 72 billion as part of
FBR Again Extends Income Tax Return Filing Deadline
The Federal Board of Revenue (FBR) has announced an extension for the filing of income tax returns for the tax
Pakistan Petroleum Limited Begins Oil and Gas Production at Adhi South-9 Well
Pakistan Petroleum Limited (PSX: PPL) has announced the commencement of oil and gas production at the Adhi South-9 well, located
