Systems Limited sees 14% dip in profitability

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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…

16,929 new companies registered in FY2020: SECP report

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According to an annual report by the Securities and Exchange Commission of Pakistan, 16,929 new companies have been registered in the fiscal year 2020, 17…

Sindh govt clarifies tax imposed on ride-hailing services is 5% not 13% [Update]

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According to a recent statement issued by the Sindh Revenue Board (SBR) to clarify the confusion about tax imposed on ride-hailing companies, the board maintained…

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SC extends suspension of tax on mobile top-up till next orders

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The Chief Justice of Pakistan (CJP) Mian Saqib Nisar on Thursday issued a statement that the previous order of Supreme Court (SC) on the suspension…

Total number of registered companies in Pakistan rises to 86,876

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In May 2018, the Securities and Exchange Commission of Pakistan (SECP) registered 1,094 new companies. As compared to the corresponding month of last financial year,…

The best April Fool’s day jokes that hit the internet yesterday

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Waking up late on a Sunday and scrolling through the social media feed before getting up, it didn’t take me long to realize that it…

Apple doesn’t follow other companies, says CEO Tim Cook

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Apple has recently been named as the most innovative company in the world by Fast Company. After naming Apple as the most innovative company, Fast…

Five Pakistani companies make it to Forbes ‘Best Under A Billion’

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Forbes has released Asia’s best under a billion companies list 2017. Among many other Asian companies, five Pakistani companies have also secured a place on…

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