PTA Cracks Down on CPID and Patched Phones, Warns of Legal Action Against Sellers and Users
The Pakistan Telecommunication Authority (PTA) has issued a public notice cautioning citizens against the use and sale of unregistered mobile
6-Month KIBOR Drops to 11.44% After SBP Rate Cut
The 6-month Karachi Inter-Bank Offered Rate (KIBOR) fell sharply to 11.44 percent on May 6, 2025, following a significant policy
FTO Receives Complaints of Over 7,900 in a Month Against FBR
The Federal Tax Ombudsman (FTO) has reported a record surge in complaints against the Federal Board of Revenue (FBR), with
Bank Al Habib to Exit Kenya After 7 Years as Part of Global Restructuring
Bank Al Habib Limited (BAHL) has announced it will close its representative office in Nairobi, Kenya, on May 15, 2025,
Pakistan’s Oil Refineries Plan Major Upgrades to Boost Local Fuel Production
Federal Minister for Finance and Senator Muhammad Aurangzeb met with chief executive officers of Pakistan’s leading oil refineries on Monday
Govt Plans to Tax High Pensions in Upcoming Budget at IMF’s Request
The federal government is preparing to introduce a new income tax on higher pensions in the upcoming financial year’s budget,
Salaried Class May Benefit as Govt Plans to Raise Exemption Threshold
The federal government is considering providing income tax relief to lower and middle-income earners in the upcoming budget. According to
Gold Prices Surge by Rs. 7,800 Per Tola in a Single Day
Gold prices in Pakistan saw a sharp increase on Monday, with the price of 24 karat gold rising by Rs.
Tribunal Slashes Penalties for Karachi Dairy Leaders in Price Fixing Case
The Competition Appellate Tribunal (CAT) has directed representatives of all three dairy farmer associations of Karachi to submit written undertakings
State Bank of Pakistan Cuts Interest Rate by 100 Basis Points to 11%
The State Bank of Pakistan (SBP) announced on Monday a reduction in the benchmark interest rate by 100 basis points,
