SECP Ceases Crescent Star Insurance’s Guarantee Business Over Regulatory Violations
The Securities and Exchange Commission of Pakistan (SECP) has ceased the guarantee business of Crescent Star Insurance Limited (Crescent Star)
FBR Considering Increasing Tax on Bank Profits to Avoid Rs. 550 Billion Shortfall
The Federal Board of Revenue (FBR) is weighing a proposal to increase taxes on bank profits in a bid to
Kuwaiti Company Exits Pakistan’s Oil and Gas Sector, Sells Assets to PEL for $60 Million
The Kuwait Foreign Petroleum Exploration Company (KUFPEC) is exiting Pakistan’s oil and gas sector, selling its assets worth $60 million
SECP Raises Concerns Over Lack of Gender Pay Gap Transparency in Listed Companies
The Securities and Exchange Commission of Pakistan (SECP) has announced that despite extensive advocacy and engagement, the annual accounts of
Capital Gains and Rental Income From UK, UAE Now Tax-Free for Pakistanis
In a major development, resident Pakistanis will not be required to pay tax on rental income and capital gains earned
KSE-100 Index Rebounds with 3,238-Point Gain After Record Sell off
After two days of record-breaking losses, the Pakistan Stock Exchange (PSX) witnessed a strong recovery on Friday as the benchmark
Transaction Restrictions on Non-Filers Violates Constitution
A leading tax expert has apprehended that the restrictions on financial transactions of non-filers under “Tax Laws (Amendment) Bill, 2024”
Pakistan Telecom Sector Records Unprecedented Revenue Growth, Faces Challenges in Investment and FDI
The Pakistan Telecommunication Annual Report 2024 has revealed a record-breaking surge in telecom revenues, which reached Rs. 955 billion in
FBR to Extend Single Sales Tax Return to New Sectors, Including Restaurants and IT Services
The Federal Board of Revenue (FBR), in collaboration with Provincial Revenue Authorities, is set to expand the scope of the
State Bank of Pakistan’s Reserves Stay Above $12 Billion Mark
The State Bank of Pakistan (SBP) reported an increase of $31 million in its foreign exchange reserves on a weekly
