5 CFOs Arrested As FBR Intensifies Crackdown Against Tax Fraud
The Directorate General of Intelligence & Investigation-Inland Revenue has arrested four Chief Financial Officers (CFOs) of Faisalabad-based textile units and
Engro Fertilizers Reports 20% YoY Increase in Profit for 9MCY24
Engro Fertilizers Limited (EFERT) has announced its financial results for the first nine months of the calendar year 2024, revealing
Gold Prices in Pakistan Near Record Highs Amid Slight Increase
On Monday, the price of gold in Pakistan edged closer to its all-time high, reaching Rs. 275,700 per tola. According
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
FBR’s Intelligence Unit Arrests 2 CFOs of Textile Mills in Major Sales Tax Fraud Case
In a major development, the Directorate of Intelligence & Investigation-Inland Revenue, Faisalabad, has arrested the Chief Financial Officers (CFOs) of
FTO Directs Launch of Online Module for Tax Jurisdiction Changes
On the directions of the Federal Tax Ombudsman (FTO), taxpayers will now be able to apply for and process changes
Income Tax Return Filers in Pakistan Surpass 4 Million for Tax Year 2024
The number of income tax return filers in Pakistan has exceeded 4 million for the tax year 2024, as of
Siemens Pakistan to Sell Energy Business for Rs. 17.82 Billion
Siemens (Pakistan) Engineering Company, (PSX: SIEM), has announced the approval of the sale of its energy business to a non-affiliated
Audit Reveals Major Financial Irregularities in Greater Iqbal Park Project
An audit report submitted to the Punjab Assembly has revealed significant financial irregularities in the construction of Greater Iqbal Park.
Pakistan Unveils Ambitious 5-Year Privatization Plan Targeting 24 Institutions
The Pakistan government has announced a comprehensive five-year privatization plan (2024-29), aiming to privatize 24 state-owned institutions in three phases,
