Govt to Raise High-Value Cash Sales Limit to Rs. 2.5 Million for Businesses
The federal government has proposed a significant change to Section 21 of the Income Tax Ordinance 2001, raising the threshold
SBP Foreign Exchange Reserves Edge Up by $23 Million
The State Bank of Pakistan’s (SBP) foreign exchange reserves saw a modest increase of $23 million over the past week,
UK Lifts Years-Long Ban on Pakistani Airlines
In a significant boost for Pakistan’s aviation sector, the United Kingdom’s Air Safety Committee has officially lifted its restrictions on
350 Smuggled Luxury Cars Illegally Sold with Help from Customs Insiders
A major scam involving the illegal sale of around 350 high-end smuggled and non-duty-paid (NDP) vehicles has been uncovered, with
Bitcoin Smashes New All-Time High, Surges Past $121,000
Bitcoin (BTC) soared to a record-breaking all-time high of $121,216 on Monday morning, marking a dramatic milestone in the cryptocurrency’s
SECP Sets New Record with Over 35,000 Company Registrations in FY25
The Securities and Exchange Commission of Pakistan (SECP) has set new benchmarks in corporate registry reforms and digital transformation during
CCP Upholds Rs. 150 Million Penalty Against Reckitt’s Strepsils
The Competition Appellate Tribunal (CAT) has dismissed the appeal filed by Reckitt Benckiser in the Strepsils case due to non-prosecution.
FBR Imposes Up to 15% Sales Tax on Wide Range of Services in Islamabad
The Federal Board of Revenue (FBR) has enforced a General Sales Tax (GST) ranging from 5 to 15 percent on
CDNS Announces New Withholding Tax Rates on National Saving Schemes
The Central Directorate of National Savings (CDNS) has announced updated withholding tax rates for National Savings Schemes, effective July 1,
Pakistan Oilfields Limited Announces Major Hydrocarbon Discovery in KP
Pakistan Oilfields Limited (POL) announced a significant hydrocarbon discovery at the Makori Deep-03 development well, located in the TAL block
