HeadlinesSBP doubles minimum capital requirement for exchange companies to Rs1 billion
Stricter regulations aim to curb illegal currency trade and stabilize exchange rates
Dec 28, 2024
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Headlines
HeadlinesCabinet approves ordinance to raise bank tax rate to 44%, abolishing 15% additional levy
Move aims to recoup tax losses as government expects Rs65 billion before year-end
Dec 28, 2024
HeadlinesSBP-set December 31 deadline approaches for National Prize Bond redemption
Multiple extensions since 2021 highlight urgency as SBP sets December 31 as the deadline for prize bond redemption
Dec 27, 2024
HeadlinesCrescent Star Insurance fights SECP directive in court
Insurer defends its Guarantee business, challenges regulator’s decision
Dec 27, 2024
HeadlinesFBR launches audit of Karachi marriage halls to boost tax compliance
Surprise inspections aim to collect revenue data amid a broader strategy to enhance tax collection following the recent 10% withholding tax on wedding events
Dec 27, 2024
HeadlinesGovt plans centralised food and drug authority to ensure quality, boost exports
Proposed authority to unify fragmented regulations on food, pesticides, and cosmetics replacing DRAP
Dec 27, 2024
HeadlinesGovt mulls handing over Central Cotton Committee to Aptma or NARC amid financial crisis
PCCC’s financial troubles stem from the refusal of textile millers to pay the cotton cess
Dec 27, 2024
HeadlinesECC approves Rs3.7bn restructuring plan for Pakistan Revenue Automation Limited
FBR’s IT arm to undergo structural reforms with additional Rs4.5 billion allocated for FY2024-25
Dec 27, 2024
HeadlinesSenate panel backs law to freeze non-filers' accounts over Rs1mn, tighten asset purchases
Filers must justify asset purchases; ineligible persons face stricter financial restrictions
Dec 27, 2024
HeadlinesTop 5% earners owe Rs 1.6 trillion in unpaid taxes, reveals FBR
FBR highlights tax gap and outlines structural reforms to modernise revenue collection
Dec 26, 2024
HeadlinesPSO signs SPA with Azerbaijan's SOCAR for petroleum product supply
Agreement marks a significant step in strengthening energy ties between Pakistan and Azerbaijan
Dec 26, 2024
HeadlinesState Bank injects Rs 575.8 bn via reverse repo operation
SBP utilises OMOs to address market liquidity challenges
Dec 26, 2024