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FBR Issues New Draft Insurance Guarantee Format for Export Facilitation Scheme
The Federal Board of Revenue has issued a new draft insurance guarantee format for exporters under the Export Facilitation Scheme, updating the rules to ensure smoother processing and stronger compliance. The draft includes formats for both irrevocable and unconditional guarantees,…
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No Tax On Solar Panel Import, FBR Announced
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The Federal Board of Revenue (FBR) Chairman, Rashid Mahmood Langrial, has stated that there are no plans to impose taxes on solar panels import in…
Pakistani Company Named Among World’s Top 100 Most Loved Workplaces
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In a remarkable milestone for Pakistan’s tech industry, Islamabad-based IT company DPL has been recognized on Newsweek’s prestigious list of the Global Top 100 Most…
India Triggers Brief Delay in Pakistan’s $800M ADB Financing Plan
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The Asian Development Bank (ADB) has postponed the approval of an $800 million financing package for Pakistan following a formal request from India. Originally slated…
Bank Alfalah Bangladesh Operations to Be Sold to Bank Asia Limited
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Bank Alfalah Limited (BAFL) has confirmed its decision to sell the Bank Alfalah Bangladesh operations to Bank Asia Limited, Dhaka, as per a filing submitted…
China to Extend $3.7 Billion Financial Assistance to Pakistan Next Month
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ISLAMABAD: In a move aimed at supporting Pakistan’s economic stability, China is expected to re-lend approximately $3.7 billion in June. The assistance, comprising both refinancing…
Nvidia Posts 69% Revenue Growth Despite $4.5B China Hit
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Nvidia has once again defied expectations, posting an impressive 69% year-over-year revenue growth in Q1 of its fiscal year 2026, even as tightened U.S. export…
Bank of Khyber Disciplinary Saga Reveals Deeper Institutional Issues
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The Peshawar High Court’s decision to halt the Bank of Khyber (BoK) disciplinary inquiry into two senior officials has stirred widespread discussion across legal, financial,…
Shark Tank Pakistan Criticized for Elitism, Dubious Investments
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Shark Tank Pakistan, the local adaptation of the globally renowned business reality show, has recently come under intense scrutiny following a viral tweet by user…
Luxury Cars in Pakistan to Get Pricier After Budget 2025-26
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ISLAMABAD: Luxury cars in Pakistan are expected to become more expensive after Budget 2025-26, as the federal government prepares to raise advance taxes on high-end…
China-Pakistan Partnership Brings Jobs for Skilled Pakistani Youth
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ISLAMABAD: Twenty leading Chinese firms offered over 500 jobs to skilled Pakistani youth at a job fair on Tuesday. The event marked a major boost…
Sadapay’s New Turkish Owners Arrested For Illegal Gambling and Money Laundering
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Turkish authorities have launched a significant crackdown on illegal gambling and money laundering activities, with fintech giant Papara at the center of the investigation. Papara…
Finance Minister Leads Strategy Meeting on Pakistan Digital Economy
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ISLAMABAD: In a strategic push to modernize financial systems, Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb chaired a high-level meeting at the Finance…
NA Committee Slams K-Electric CEO, Reviews USC Closure
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The National Assembly Standing Committee on Industries and Production slammed the K-Electric CEO and reviewed USC closure, exports, and vehicle standards. The National Assembly Standing…
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