News & Updates

News Update

08

Apr 2024

Apr 08, 2024 • 5 min read

Tax Lawyers Under Stress After FBR’s New Tajir Dost Scheme

The lawyers’ community is irritated that the Federal Board of Revenue’s (FBR) Tajir Dost Scheme “Announcement” for trade...

Read Full Article

News Update

08

Apr 2024

Apr 08, 2024 • 5 min read

UAE’s AD Ports Group Ready to Invest $220 Million in Container Terminal

Karachi Port Trust (KPT) and AD Ports Group signed a 50-year concession agreement for a container terminal at East Wharf...

Read Full Article

News Update

08

Apr 2024

Apr 08, 2024 • 5 min read

OGDC Discovers Tight Gas in An Exploratory Well in Sindh

Oil & Gas Development Company Limited (PSX: OGDC) has discovered gas at its exploratory Well Nur West 01, located in dis...

Read Full Article

News Update

08

Apr 2024

Apr 08, 2024 • 5 min read

Fauji Foundation Appoints Retired Army Officer As Chairman After Civilian

Fauji Foundation has appointed retired lieutenant general Anwar Ali Hyder as the new Director and Chairman after four ye...

Read Full Article

News Update

07

Apr 2024

Apr 07, 2024 • 5 min read

Punjab University Discovers Another Fake Housing Society Under Its Name

A third fake housing development, purportedly affiliated with Punjab University, was uncovered, as reported by 24News. A...

Read Full Article

News Update

06

Apr 2024

Apr 06, 2024 • 5 min read

Electricity Theft Crackdown: Rs. 84 Billion Recovered, Thousands Arrested Nationwide

During a countrywide power theft crackdown from March 24 to 31, the Power Division has successfully recovered over Rs. 1...

Read Full Article

News Update

06

Apr 2024

Apr 06, 2024 • 5 min read

First Time Ever Govt Hides Decisions Made in ECC Meetings

In a first, The federal government has decided to keep secret the proceedings of one of the main economic decision-makin...

Read Full Article

News Update

06

Apr 2024

Apr 06, 2024 • 5 min read

Always Up-to-Date: Enjoy the Latest Android Updates on Your Infinix NOTE 40 Series for 2 Years

Infinix, Pakistan’s highest smartphone-selling brand has confirmed continuous Android upgrades for 36 months in its new...

Read Full Article

News Update

06

Apr 2024

Apr 06, 2024 • 5 min read

FBR Bans Entire Organization From Speaking to Media

Chairman Federal Board of Revenue (FBR) has imposed a strict ban on all FBR officers/officials including Members for int...

Read Full Article

News Update

06

Apr 2024

Apr 06, 2024 • 5 min read

Sui Southern Discovers Massive Gas Theft in Karachi

The Sui Southern Gas Company (SSGC) recently discovered a significant gas theft operation in Karachi, valued at millions...

Read Full Article

News Update

05

Apr 2024

Apr 05, 2024 • 5 min read

Exporters Offload US Dollars At Banks Amid Fears of Devaluation

There is a massive influx of US Dollars at Pakistani banks as exporters are offloading their dollar proceeds amid fears...

Read Full Article

News Update

05

Apr 2024

Apr 05, 2024 • 5 min read

easypaisa Launches QR SoundBox to Revolutionize Digital Payments Landscape

easypaisa, Pakistan’s leading digital financial services platform, has launched the QR SoundBox, a portable device for p...

Read Full Article

News Update

05

Apr 2024

Apr 05, 2024 • 5 min read

SBP Reserves Post Slight Increase to Stay Above $8 Billion Mark

The foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $19 million on a weekly basis accord...

Read Full Article

News Update

05

Apr 2024

Apr 05, 2024 • 5 min read

Govt Defers Decision on Export of Sugar

Pakistan Sugar Mills Association (PSMA) while expecting a bumper crop of sugar in the next season has proposed to the go...

Read Full Article

News Update

05

Apr 2024

Apr 05, 2024 • 5 min read

Govt Approves Rs. 24 Billion Supplementary Budget to Pay Off Liabilities

The inaugural meeting of the Economic Coordination Committee (ECC) chaired by Finance Minister Muhammad Aurangzeb on Thu...

Read Full Article

News Update

05

Apr 2024

Apr 05, 2024 • 5 min read

IMF Is Ready to Give New Bailout Program to Pakistan

The International Monetary Fund (IMF) is ready to offer a new bailout program to Pakistan to help alleviate its fiscal a...

Read Full Article

News Update

05

Apr 2024

Apr 05, 2024 • 5 min read

ECC Approves Fixation of Wheat Procurement Targets for 2024

The Economic Coordination Committee (ECC) of Cabinet has approved the fixation of wheat procurement targets for PASSCO,...

Read Full Article

News Update

05

Apr 2024

Apr 05, 2024 • 5 min read

Attorney General Approaches High Courts for Early Fixation of Tax-Related Cases

At the request of the Federal Board of Revenue (FBR), the Attorney General for Pakistan has approached High Courts for e...

Read Full Article

News Update

05

Apr 2024

Apr 05, 2024 • 5 min read

Gold Price in Pakistan Drops Slightly After Surging to Record High

The price of gold in Pakistan fell slightly on Friday after surging to a record high a day earlier. According to data is...

Read Full Article

News Update

05

Apr 2024

Apr 05, 2024 • 5 min read

Pakistan’s Public Debt Up By Rs. 4 Trillion in 8 Months

The total public debt stock of the federal government increased by 19 percent on a year-on-year (YoY) basis in February...

Read Full Article

News Update

05

Apr 2024

Apr 05, 2024 • 5 min read

Member CDA Tariq Salam Marwat Removed From Post

Member Estate Tariq Salam Marwat of the Capital Development Authority (CDA) has been relieved of his duties due to repor...

Read Full Article