News & Updates

FBR Decides to Take Action Against Doctors, Lawyers and Industrialists

The Federal Board of Revenue (FBR) has decided to register members of different associations and service providers like...

A Citrus Killer is on the Loose and Nobody has an Answer 

Do you know international orange juice prices have increased by more than 300 percent since 2020, clocking to an all-tim...

Tetra Pak and WWF to Mentor 10,000 Pakistani Students on Waste Recycling Awareness

Tetra Pak Pakistan, a frontrunner in sustainable food processing and packaging solutions, has partnered with WWF Pakista...

Pakistan’s Mobile Imports Soar Almost 170% to Hit Rs. 135 Billion in First 4 Months of FY24

Despite economic challenges and untamed inflation, the relaxation of imports and opening of letters of credit has led to...

Price of Gold in Pakistan Increases by Over Rs. 2,500 Per Tola

The price of gold in Pakistan registered a significant increase on Wednesday to settle at Rs. 221,000 per tola. Accordin...

Saudi Arabia Extends Term for $3 Billion Deposit to Pakistan

The Saudi Fund for Development (SFD) on behalf of the Kingdom of Saudi Arabia has extended the term for the deposit of $...

Govt to Raise Rs. 150 Billion Sukuk Against Islamabad Sports Complex

Staff State Bank of Pakistan (SBP) is set to issue GoP Ijarah Sukuk (GIS) of Rs. 150 billion against the asset of Islama...

Costa Coffee Brews Up a Storm in Islamabad!

Costa Coffee, the global coffeehouse giant, is elated to announce the opening of its third store in Pakistan, debuting i...

Islamabad High Court Suspends FBR’s SRO Regarding 40% Tax on Windfall Income of Banks

The Islamabad High Court (IHC) has suspended the SRO 1588(1)/2023 of the Federal Board of Revenue (FBR) which imposed 40...

FBR Confirms Money Laundering Worth Millions of Dollars Using Solar Panels

The Federal Board of Revenue (FBR) confirmed on Wednesday that over-invoicing to the tune of Rs. 70 billion in the guise...

Nestlé Pakistan Triumphs in Sustainability Awards for Gender Equity and Agri Tech Innovations

Nestlé Pakistan won two top awards in the categories of Gender Equity and Agri Tech & Food Security at the Sustainabilit...

Competition Appellate Tribunal Fully Functional with Appointment of Justice (Retd) Miankhel as Chairman

The federal government has appointed Justice (Retd) Mazhar Alam Miankhel, former Chief Justice of Peshawar High Court an...

Zong 4G Announces the Launch of MZA Sprint Bringing Exciting New Features on My Zong App for an Enhanced User Experience

Zong 4G, Pakistan’s leading telecommunications company, has launched a suite of new features on its My Zong App (MZA), f...

FBR Chairman Confirms Mobile SIMs of Non-Filers Will Be Blocked

The Senate Standing Committee on Finance was informed on Wednesday that non-filers are set to face strict action includi...

Pakistan Needs $348 Billion For Climate Action

Govt Raises Rs. 1,165 Billion Through T-Bills

The cut-off yields on Treasury Bills (T-Bills) went down by up to 7 basis points (bps) in the auction of the paper held...

FBR Warns Sugar Mills Against Sales Tax Evasion

The monitoring teams from field formations of the Federal Board of Revenue (FBR) have been deputed on sugar mills across...

Experts Suggest Sustained Action to Avert Implications of Global Economic Recession

Experts at an intellectual discourse enunciated multiple crises faced by the country and suggested a sustained action am...

Bank Alfalah Introduces Transact Live: Enabling Financial Transactions on WhatsApp via ChatBot

Bank Alfalah, one of the largest commercial banks in Pakistan, is proud to unveil Alfa WhatsApp, an innovative feature d...

Octopus Digital to Acquire Empiric AI From Parent Company

The Board of Directors of Octopus Digital Limited (PSX: OCTOPUS) has accorded its approval to the company for the acquis...

Dar-es-Salaam Textile, TPL Life Merger Talks Move Ahead

The Board of Directors of TPL Life Insurance Limited (TPL Life) and Dar Es Salam Textile Mills Limited (DSML) have appro...