Update News
In the latest development, both regulatory bodies, the National Electricity Power Regulatory Authority (Nepra) and the Oil and Gas Regulatory Authority (Ogra), have granted approval for another round of increases in electricity and gas rates.
Embarking on a strategic mission, a 20-member delegation encompassing various segments of Pakistan’s export sector is scheduled to depart for China this upcoming Sunday. This initiative aligns with the nation’s ambitious goal of boosting exports
Islamabad – Muslim Commercial Bank (MCB) Bank Limited is making headlines yet again, this time for alleged banking fraud incidents. The President of Pakistan has taken notice of the situation and directed the commercial bank
E-ST Integration System to Optimize Tax Processes for Fast-Moving Consumer Goods Multinationals In a significant development, the Federal Board of Revenue (FBR) in Islamabad has announced its decision to introduce an electronic sales tax (e-ST)
Islamabad: the Independent Evaluation Department (IED) of the Asian Development Bank (ADB) has assessed the “Pakistan: Trade and Competitiveness Program -TCP (Subprograms 1 and 2),” valued at $800 million, as highly successful, relevant, and with
Food Inflation Peaks and Starts Receding Food inflation the primary culprit behind this resurgence appears to be the essential food basket. Accounting for a significant 34.6 percent of the national Consumer Price Index (CPI), food
KARACHI: In a significant milestone for Pakistan’s financial markets, the primary market auction of Government Debt Securities (GDS) will now take place at the Pakistan Stock Exchange (PSX). For the first time, one year GoP
ISLAMABAD: Minister of Information, Broadcasting, and Parliamentary Affairs, Murtaza Solangi, champions the approach of implementing tax hikes to deter and decrease tobacco usage in the nation. In a significant address at an event organized by
ISLAMABAD: In a recent development, the Federal Tax Ombudsman (FTO) has instructed the Directorate General of Customs Valuation Karachi to reevaluate and issue a fresh valuation ruling concerning the import of ice cream. This directive,
ISLAMABAD: The Federal Board of Revenue (FBR) has introduced a compulsory requirement for integrated suppliers, mandating the declaration of all their outlets through the computerized system. Additionally, each point of sale (POS) must be registered
