Trending Topics
IMF Rejects FBR’s Tax Relief Plans for Property, Tobacco, and Beverages
ISLAMABAD: The International Monetary Fund (IMF) has denied the Federal Board of Revenue (FBR)’s request to lower taxes on property transactions, contradicting earlier government claims…
Systems Limited sees 14% dip in profitability
Systems Limited (PSX: SYS) reported a profit of Rs7.46 billion [EPS: Rs25.55], reflecting a 14.14% decline compared to Rs8.69 billion [EPS: Rs29.86] in the previous…
Pakistan Launches First PKR-Denominated Green Bond on PSX to Drive Sustainable Finance
ISLAMABAD: Parwaaz Financial Services Limited (PFSL), a subsidiary of Karandaaz Pakistan, has launched Pakistan’s first-ever PKR-denominated Green Bond under the Parwaaz Green Action Bond initiative.…
Govt Increases Profit Rates on National Savings Schemes, Cuts Savings Account by 100 Bps
The Central Directorate of National Savings (CDNS) has revised profit rates for various National Savings Schemes (NSS), with the new rates taking effect from March…
SECP Proposes Distinct Regulatory Framework for NBMFCs
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has issued a concept note outlining proposed amendments to the Non-Banking Financial Companies (NBFCs) framework. These…
World Bank Approves $102M for Pakistan’s RAM Project to Boost Microfinance
ISLAMABAD: The World Bank’s Board of Directors has approved $102 million in financing for the Resilient and Accessible Microfinance (RAM) Project, aimed at expanding access…
US Remains Pakistan’s Top Export Destination in February
ISLAMABAD: The United States remained Pakistan’s leading export destination in February, with shipments totaling $444.6 million—an increase of 4.9% compared to $423.8 million recorded in…
Govt to Launch Digitized Tax Return Forms for Salaried Individuals
ISLAMABAD: Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb has announced that simplified tax return forms for salaried individuals will be introduced by September, ahead…
No Tax on Electricity Exported to Grid by Rooftop Solar Users
ISLAMABAD: The government has confirmed that rooftop solar panel users will not be taxed on the electricity they generate and export to the national grid.…
Winners of Rs200 Prize Bond Draw for March Announced
The Rs200 prize bond draw was conducted on Monday, March 17, at the National Savings Centre in Faisalabad. The State Bank of Pakistan (SBP) conducted the…
PEL Sends First Transformer Shipment to the US
KARACHI: Pak Elektron Limited (PEL), a key player in Pakistan’s electrical manufacturing industry, has officially commenced exports to the United States. The company’s first batch…
Pakistan’s CCP Approves NLC-DP World Joint Venture to Boost Logistics Sector
ISLAMABAD: The Competition Commission of Pakistan (CCP) has granted approval for the National Logistics Corporation (NLC) to acquire a 60% stake in DP World Logistics…
