Punjab Govt to Impose 5% Penalty on Non-Banking Property Transactions
The Punjab government has announced the recovery of a 5% penalty on immovable property purchases made through non-banking transactions, as
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
Mutual Funds Lead the Charge as PSX Delivers 35% Return
Pakistan’s stock market has delivered an impressive 35% return in both rupee and US dollar terms since September 2024, driven
Here Are The Top-Performing Assets in Pakistan in 2024
The Pakistan Stock Exchange (PSX) emerged as the top-performing asset class in 2024, with the benchmark KSE-100 Index delivering an
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”
Cabinet Division Declines to Disclose Pakistan Cricket Team Salary Details, Cites Confidentiality
The Cabinet Division has refused to share details regarding the salary packages and financial benefits of individuals associated with the
Ogra Proposes Up to 26% Gas Price Hike
The Oil and Gas Regulatory Authority (Ogra) has recommended a gas price increase of up to 26 percent to the
IMF Approves Tax Exemptions to Facilitate PIA Sale
The International Monetary Fund (IMF) has approved key measures, including sales tax exemptions and the elimination of equity losses, to
State Bank of Pakistan Cuts Interest Rate by 200 Basis Points to 13%
The State Bank of Pakistan (SBP) announced on Monday a reduction in the policy interest rate by 200 basis points,
Govt Keeps Price of Petrol Unchanged
The federal government has decided to keep the prices of petrol unchanged for the next fortnight.The price of petrol will
