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SECP Allows Microfinance Companies to Join “Apni Chhat Apna Ghar” Scheme
2 min read
ISLAMABAD: In a significant move toward promoting affordable housing and financial inclusion, the Securities and Exchange Commission of Pakistan (SECP) has approved regulatory relaxations allowing…
Pakistan’s Gold Market Sees New High: Rs351,000 per Tola
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Gold prices in Pakistan experienced an uprise on Friday, with the addition of Rs3500 per tola reaching Rs351,000. Similarly, 10-gram gold was valued at Rs300,925,…
SBP Approves UBL Share Split to Boost Market Liquidity
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The State Bank of Pakistan (SBP) has officially approved the proposed UBL share split, paving the way for United Bank Limited (PSX: UBL) to restructure…
IMF Refutes Claims Pakistan misused Bailout Funds against India
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ISLAMABAD: The International Monetary Fund (IMF) has firmly rejected claims by Indian media that Pakistan may use EFF funds for military purposes, affirming that the…
Higher Tax Likely on Packaged Food (Milk, Chips) in Budget 2025-26
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In an effort to boost fiscal revenue without burdening low-income groups, the federal government is set to impose Federal Excise Duty (FED) and additional sales…
CAT Sends Pak Sugar Mills Rs.44bn Cartelisation Case Back to CCP
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The Competition Appellate Tribunal (CAT) on Friday remanded the Pakistan Sugar Mills Association (PSMA) cartelisation case back to the Competition Commission of Pakistan (CCP) for…
Govt to Slap 18% Sales Tax on Imported Raw Materials in Double Tax Shock
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ISLAMABAD: The Federal Board of Revenue (FBR) has confirmed that the government will soon impose an 18% sales tax on imported raw materials for exports,…
KP Tourism Authority Blacklists MCB for Business Guarantee Deposits
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PESHAWAR: In a significant regulatory update, the Khyber Pakhtunkhwa (KP) Culture & Tourism Authority has officially blacklisted MCB for business guarantee deposits, prohibiting travel and…
Export Development Fund to Boost Market Access for Pakistani Exporters
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ISLAMABAD: The Export Development Fund (EDF) has announced new initiatives aimed at enhancing market access for Pakistani exporters by offering targeted financial and technical support…
Pak Budget 2025-26: New Taxes on YouTubers, Freelancers & Pensioners
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As the clock ticks toward the June 2, 2025, budget announcement, Pakistan’s federal government appears poised to introduce a series of sweeping tax reforms in…
Pakistan’s Liquid Foreign Reserves Reached US$ 16,648.5 million
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Pakistan’s liquid foreign reserves have shown a significant upward trend, reaching US$ 16,648.5 million as of May 16, 2025. This gradual increase is achieved through…
PSX Dips After Hitting Record High Amid Profit-Taking
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After reaching unprecedented heights earlier in the day, the Pakistan Stock Exchange (PSX) closed lower on Thursday due to profit-taking by investors. The KSE-100 Index,…
Honda Atlas Profit 2025 Rises on Higher Sales
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KARACHI: Honda Atlas Cars (Pakistan) Limited (HCAR) reported a strong financial performance, as Honda Atlas profit 2025 surged by 16% year-on-year to Rs2.7 billion, driven…
