News & Updates

News Update

21

Mar 2024

Mar 21, 2024 • 5 min read

FBR Implements New System to Document Withholding Tax Transactions

The Federal Board of Revenue (FBR) on Thursday implemented a new system to document withholding tax (WHT) transactions a...

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News Update

21

Mar 2024

Mar 21, 2024 • 5 min read

CCP Approves Merger of TPL Life Insurance and Dar Es Salaam Textile Mills

The Competition Commission of Pakistan (CCP) has approved the merger of M/s TPL Life Insurance Limited with M/s Dar Es S...

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News Update

21

Mar 2024

Mar 21, 2024 • 5 min read

Cherat Cement Authorized to Invest Rs. 75 Million in Mirpurkhas Sugar Mills Ltd

The Board of Directors (BoD) of Cherat Cement Company Limited (PSX: CHCC) has been authorized to invest Rs. 75 million i...

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News Update

21

Mar 2024

Mar 21, 2024 • 5 min read

easypaisa and Unilever’s Knorr Join Hands to Transform Digital Payments Landscape

In a landmark collaboration, easypaisa, Pakistan’s leading digital financial services platform, and Knorr, Unilever’s bi...

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News Update

21

Mar 2024

Mar 21, 2024 • 5 min read

Crisis Emerges As Utility Stores Cancels Tender to Buy 45,000 Metric Tons of Sugar

The Utility Stores Corporation (USC) has canceled a tender for purchasing 45,000 metric tons of sugar after receiving co...

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News Update

21

Mar 2024

Mar 21, 2024 • 5 min read

Google Brings You Special Experiences for a More Meaningful Ramadan

More than one billion Muslims worldwide commence the holy month of Ramadan, a period of fasting that lasts from dawn to...

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News Update

21

Mar 2024

Mar 21, 2024 • 5 min read

Panther Tyres Spends Nearly Rs. 2 Billion to Expand Operations

Panther Tyres Ltd (PSX: PTL) has spent Rs. 1.986 billion for expansion, development and working capital requirements, th...

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News Update

21

Mar 2024

Mar 21, 2024 • 5 min read

SECP Holds Webinar on Risk Based Capital Regime for Insurance Sector

The Securities and Exchange Commission of Pakistan (SECP) held a session for the insurance industry participants to prov...

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News Update

21

Mar 2024

Mar 21, 2024 • 5 min read

Structural Reforms Inevitable for Pakistan’s Development: PM

Prime Minister Shehbaz Sharif Thursday said deep-rooted structural reforms have become inevitable to ensure macroeconomi...

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News Update

21

Mar 2024

Mar 21, 2024 • 5 min read

Rupee Stable Against US Dollar But Crashes Against Other Currencies

The Pakistani rupee closed in the gren against the US Dollar after opening trade at 278 in the interbank market. It was...

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News Update

21

Mar 2024

Mar 21, 2024 • 5 min read

Boost Your Financial Services: Trust Decision’s Cloud Security Innovates Banking and E-Commerce in Pakistan

TrustDecision is forging a pivotal partnership with Rapid, Pakistan’s leading in-country cloud service provider, to deli...

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News Update

21

Mar 2024

Mar 21, 2024 • 5 min read

Confiz Marks a Significant Milestone with the Launch of New Lahore Office

Confiz, a renowned global IT consultancy firm and the recipient of the prestigious Top IT and ITeS Exporter of 2024 awar...

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News Update

21

Mar 2024

Mar 21, 2024 • 5 min read

OPPO Presents Reno11 Series Launch Event; Pre-Orders Kick Off for Reno11 F 5G

OPPO, the global leader in smart devices, proudly launches its high-end series the OPPO Reno11 Series 5G with pre-orders...

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News Update

21

Mar 2024

Mar 21, 2024 • 5 min read

Gul Ahmed Textile to Install 17.1 MW Rooftop Solar Plant

Gul Ahmed Textile Mills Limited Thursday announced its plan to install 17.1 MW rooftop solar plant. In a notice to Pakis...

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News Update

21

Mar 2024

Mar 21, 2024 • 5 min read

Zong 4G Empowers Users with All-New Notify-Me Service: Never Miss a Connection Again!

Zong 4G, Pakistan’s leading mobile network operator, is revolutionizing communication with the launch of its innovative...

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News Update

21

Mar 2024

Mar 21, 2024 • 5 min read

Gold Price in Pakistan Hits 6-Month High After Huge Single Day Increase

The price of gold in Pakistan witnessed a huge increase on Thursday as it surged to Rs. 232,400 per tola, a 6-month high...

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News Update

21

Mar 2024

Mar 21, 2024 • 5 min read

Steel Industry Barely Surviving on Copper Exports to China

Many steel manufacturers are turning to non-ferrous (copper, etc) exports to China to sustain their businesses which hav...

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News Update

21

Mar 2024

Mar 21, 2024 • 5 min read

PM Forms Steering Committee to Automate and Reform FBR

Prime Minister Shehbaz Sharif has constituted a steering committee to expedite the reforming and automation of the Feder...

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News Update

21

Mar 2024

Mar 21, 2024 • 5 min read

Pakistan, ADB Agree to Strengthen Partnership for Sustainable Economic Growth

Country Director of the Asian Development Bank (ADB) Young Ye called on Minister for Finance & Revenue Muhammad Aurangze...

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News Update

21

Mar 2024

Mar 21, 2024 • 5 min read

FBR to Add ‘Special’ Income Tax to 3.5 Million Traders’ Electricity Bills

The Federal Board of Revenue (FBR) has devised a new plan for collecting additional Rs. 400 billion in revenue by bringi...

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News Update

21

Mar 2024

Mar 21, 2024 • 5 min read

Pakistan Tax Bar Association Urges FBR Chairman to Amend Sales Tax Related SRO

Pakistan Tax Bar Association (PTBA) has requested the Chairman Federal Board of Revenue (FBR) to amend SRO No.350(I)/202...

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