Global X MSCI Pakistan ETF’s assets quadrupled says: Bloomberg report

A Bloomberg report has cited that investors have been on a spree of buying up a US listed exchange trade fund dedicated to Pakistan...

Decrease corporate tax and CGT rate says: PSX

The government has been requested by the Pakistan Stock Exchange (PSX) to reduce the corporate tax rate for companies listed on the stock exchange...

Govt taking steps to ease tax payment mechanism: BOI

The Board of Investment (BoI) has said government's focus was on tax reforms and further steps to ease payment of tax mechanism for the...

Increased development budget due to proper tax collection measures: Ahsan

Minister for Planning and Reform Ahsan Iqbal has said that the development budget has been increased as a result of proper tax collection. In an...

SBP,Government intervening in currency market to keep rupee stable says: Bloomberg report

According to a Bloomberg report, the government and the State Bank of Pakistan are intervening to keep the Pakistani rupee stable at its current...

EFG Hermes acquires 51pc majority stake in Invest and Finance Securities Limited

EFG Hermes a Cairo based investment bank operating in the Middle East and North African (MENA) has procured a 51pc stake in Invest and...

Younus Dhaga visits State Life’s principal office; holds discussions with top management

The Federal Secretary for Ministry of Commerce, Mr Muhammad Younus Dhaga visited State Life Insurance Corporation of Pakistan, Principal Office, Karachi on May 22,...

Poultry industry lays bare heavy handedness by FBR before Dar

The Pakistan Poultry Association (PPA) on Monday laid bare the highly unfair treatment meted out to the industry by the tax mandarins before the...

ICI Pakistan to acquire Wyeth Pakistan assets for Rs 1.91b

ICI Pakistan has entered into an agreement with Wyeth Pakistan Limited to acquire its manufacturing facility along with purchasing of its other products consisting...

State Life says not affected by WannaCry ransomware

In the last week, a massive attack of ransomware malware had affected thousands of computers across the world. There have been some reports that...

Sindh Insurance Limited achieves A+ rating

The Sindh Insurance Limited ‘IFS rating’ has been upgraded by the Pakistan Credit Rating Agency (PACRA) to “A+”. This is the one of the highest...

GIS launched in Sindh to conduct property professional tax survey

On the directives of Sindh Excise and Taxation and Narcotics Control Minister Mukesh Kumar Chawla, the department has launched a Geographical Information System (GIS)...

Chinese experts to visit Pakistan on June 5, review PEZs

A delegation of Chinese experts would visit Pakistan on June 5 to review the suitability of Prioritized Economic Zones (PEZs) in Sindh and Khyber...

Trade ministry demands tax relief to halt decline in exports

The newly appointed Secretary Commerce Younas Dagha took up cudgels on Sunday to bare reasons for the consistent decline in exports during the last...

GB to tax CPEC containers passing through its territory

While things are not clear about the possible taxes, duties (Import tax/ duty, Toll tax, Port clearance charges etc) to be charged by Pakistan...

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