Buyer Cannot Claim Property Transfer Without Paying Balance Amount: Supreme Court
The Supreme Court has ruled that the remedy of specific performance is an equitable relief that can only be granted
Finance Committee Approves New Tax on High-Value EVs and SUVs
The National Assembly Standing Committee on Finance and Revenue has approved the imposition of special excise duty on electric vehicles
Govt Withdraws Fuel Subsidy for Motorcylists, Transporters and Farmers
The government has ended fuel subsidies previously provided to motorcyclists, public transport operators, freight transport services, and small farmers. The
Karachi ISP Files Cases Against WorldCall Over Contract Breach Allegations
Internet service provider NetSat (Pvt.) Limited, based in Karachi, has initiated arbitration proceedings against WorldCall Telecom Limited over alleged breaches
FBR Freezes Telecom Funds for Connectivity Projects in Rural Areas
The Federal Board of Revenue (FBR) has attached the bank accounts of the government-owned Universal Service Fund (USF) after issuing
Textile Industry Rejects FBR Demand to Install Cameras at Factories, Refuses Cost Burden
A dispute has escalated between Pakistan’s textile sector and the Federal Board of Revenue (Federal Board of Revenue) after mill
Iranian Rial Sees Historic 100x Surge in Pakistan Open Market
Following a 60-day peace agreement between Iran and the United States, demand for Iranian currency in Pakistan has increased, which
SBP Cancels Licence of Time Exchange Company Over Regulatory Violations
The State Bank of Pakistan has revoked the authorization and license of Time Exchange Company (Pvt.) Limited with immediate effect,
US Lifts 2018 Iran Oil Sanctions After Nearly 8 Years
The United States has temporarily eased key sanctions on Iran’s energy sector by issuing a general license that authorizes the
Oil Prices Near $70 Again After 21 Months as Global Supply Pressures Mount
International crude oil prices are edging closer to the $70 per barrel mark, a level last seen in September 2024,
