FBR to Limit Cash Withdrawal and Real Estate Purchases For High-Income Taxpayers
The Federal Board of Revenue (FBR) is set to introduce stringent enforcement measures targeting compliant taxpayers as part of its
CCP Issue Notices to Major 20 Brands Over Misleading ‘Up to’ Discounts
The Competition Commission of Pakistan (CCP) has taken decisive action against retailers advertising discounts as “up to a percentage” during
Gold Rate in Pakistan Reaches New Heights, Increases by Rs. 3,500 Per Tola
The price of gold in Pakistan has continued its unprecedented rise, breaking records as it surged past the Rs. 270,000
OICCI Proposes Strategy for FBR to Generate Up to Rs. 4 Trillion in Tax Revenue for FY25
The Overseas Investors Chamber of Commerce and Industry (OICCI) has highlighted the significant challenges posed by Pakistan’s complex tax regime,
LESCO Refunds Rs. 80 Billion to Consumers After Overbilling, Says Energy Minister
The Lahore Electric Supply Company (LESCO) has refunded Rs. 80 billion to consumers following incidents of overbilling, Energy Minister Awais
TRG Pakistan Announces Afiniti’s Comprehensive Balance Sheet Restructuring
TRG Pakistan Limited, a shareholder in The Resource Group International Limited (TRGI), announced on Friday that TRGI’s portfolio company, Afiniti
Mini-Budget: FBR to Raise Withholding Taxes by 1% if Revenue Shortfall Continues
The Federal Board of Revenue (FBR) is likely to raise the rate on 31 different kinds of withholding taxes by
Govt Expects Inflation to Fall to 9-10.5% Range
The Ministry of Finance in its Monthly Economic Update stated that due to stability in economic indicators, inflation is heading
Moody’s Upgrades Long-Term Deposit Ratings of 5 Pakistani Banks to Positive
Moody’s Ratings (Moody’s) has upgraded the long-term deposit ratings of five Pakistani banks—Allied Bank Limited (ABL), Habib Bank Ltd. (HBL),
Moody’s Upgrades Pakistan’s Rating to Caa2 Due to Improving Macroeconomic Conditions
Moody’s Ratings (Moody’s) has upgraded the Government of Pakistan’s local and foreign currency issuer and senior unsecured debt ratings to
