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15 PSX Companies Now Hold $1 Billion Market Capitalization
The Pakistan Stock Exchange (PSX) has seen a significant rise in companies reaching the $1 billion market capitalization milestone, jumping from just three firms two…
PM Shehbaz Orders Pakistan Revenue Automation Limited Shutdown by Dec
Prime Minister Shehbaz Sharif has ordered the Pakistan Revenue Automation Limited (PRAL) shutdown within six months, a move that could disrupt the country’s entire tax…
Pakistan Trade Deficit Widens to $2.75 Billion in July 2025
Pakistan’s trade deficit reached $2.75 billion in July 2025, marking a sharp increase of over 44 percent compared to the $1.90 billion deficit recorded in…
MCB Bank Profit Drops in H1CY2025
MCB Bank Limited (PSX: MCB) has reported a 15.52% decline in profit attributable to equity shareholders for the half-year ended June 30, 2025. The MCB…
SECP Hits New Record with 4,065 Company Registrations in July
The Securities and Exchange Commission of Pakistan (SECP) has set a new benchmark with 4,065 company registrations in July 2025. This milestone marks the highest…
Pakistani Startup Icon Backs UAE Fintech’s Record $48M Funding
Mudassir Sheikha, the founder of Careem, has joined a group of angel investors backing UAE fintech Alaan in its record $48 million Series A round.…
FBR Drops New Online Tax Rules – What It Means for Online Sellers & Couriers
The Federal Board of Revenue (FBR) has launched an aggressive crackdown on Pakistan’s e-commerce sector, introducing sweeping tax compliance requirements for online sellers and courier…
Allied Bank Launches Pakistan’s First Metaverse Banking Experience
Allied Bank has officially launched its upgraded and immersive banking experience within the metaverse, marking a bold and futuristic step in Pakistan’s digital banking landscape.…
FBR Explains Rules for Economic Transaction Limits
The Federal Board of Revenue has issued detailed rules on FBR economic transaction limits for individuals who fail to declare their income sources or investments…
Pakistan Falls Short on IMF Fiscal Conditions as Provinces Miss Targets
Pakistan has fallen short on key IMF fiscal conditions as provincial governments failed to meet cash surplus targets and the FBR missed critical revenue benchmarks…
FBR Sales Tax Deadline for June 2025 Returns Extended Further
Pakistan’s apex tax body has further extended the FBR sales tax deadline for June 2025 returns. Taxpayers now have more time to submit returns if…
ECC Okays EV Subsidy, QAU Grant
The Economic Coordination Committee (ECC) of the Cabinet, chaired by Finance Minister Muhammad Aurangzeb, approved several key economic measures in its recent meeting. The session,…
