Fitch Ratings Upgrades Pakistan’s WAPDA to CCC+
Fitch Ratings has upgraded Pakistan Water and Power Development Authority’s (WAPDA) Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘CCC+’, from
SECP Warns Against Illegal Trading Platform, Aviva Investment Group
The Securities and Exchange Commission of Pakistan (SECP) has identified an illegal trading platform operating under the name “Aviva Investment
No Sales Tax on Petroleum Products: Finance Minister
Finance Minister Muhammad Aurangzeb during an informal talk with media confirmed that no sales tax is being imposed on petroleum
TotalEnergies Sells its Stake in Total Parco Pakistan to Gunvor Group
TotalEnergies has signed an agreement to sell its 50% stake in Total PARCO Pakistan Limited (TPPL) to Gunvor Group, a
OICCI Members Invested $22.6 Billion as FDI into Pakistan’s Economy Over the Past Decade
The Overseas Investors Chamber of Commerce and Industry (OICCI), the representative body for the top 210 foreign investors in Pakistan,
New Sales Tax Now Applicable on Imported Laptops, Textile and LPG
In a bid to capture the supply chain and broaden the tax base, the Federal Board of Revenue (FBR) has
FBR Authorized to Set Higher Sales Tax Value for Imported Retail Items
The Federal Board of Revenue (FBR) has been granted the authority to set the value of imported retail items for
BYD to Officially Launch In Pakistan on August 17
BYD, the world’s leading New Energy Vehicle (NEV) manufacturer, is set to make a significant entry into the Pakistani market
New FBR Order: Battery Manufacturers to Deduct 80% Sales Tax From Lead Supplier
The Federal Board of Revenue (FBR) has instructed lead battery manufacturers to deduct 80 percent of the applicable sales tax
More Gas and Condensate Discovered in KP
The Hungarian Oil and Gas Public Limited Company MOL Group has discovered hydrocarbons at TAL Block in exploratory well Razgir-1,
