Govt likely to renew REIT scheme benefits for another three years in budget 2024-25
The scheme will help efforts to document the real estate sector, where currently large sums of untaxed money is parked
Four months after January blackout, investigation still delayed as corruption allegations loom
Senate Committee expresses concern over delayed investigation into power blackout. Calls for action against corruption and swift action
Steel industry claims producers in erstwhile FATA/PATA evaded Rs150b in taxes
Industry association claims that manufacturers in former FATA/PATA misused tax exemptions to give themselves unfair advantage
Mudassar Aqil is leaving Telenor Microfinance Bank (EasyPaisa), but what is he leaving behind?
After putting the business on a profitable path, Aqil bids farewell to one of the largest microfinance institutions in the country
Demand destroyed: Automotive lending down for tenth straight monthÂ
Outstanding automotive at lowest point since June 2021 with Rs58.7b contraction over the past 10 monthsÂ
Anatomy of a budget
LAHORE: Year in year out, Pakistanis talk about the economic problems that are faced by the country. The bulletin is mostly rife...
Coca Cola requests FBR to reduce FED on beverages to 16% in FY24 budget
ISLAMABAD: Coca Cola beverages has asked the Federal Board of Revenue to reduce Federal Excise Duty (FED) on beverages from 20% to...
Pakistan General Cosmetics Authority bill approved to regulate cosmetics industry
Global cosmetic market currently valued at $341b
Major tobacco firm initiates shutdowns as smuggled, illicit cigarettes flood market
PTC fears that exponential increase in illicit cigarettes may lead to business shutdown
Financial bloodbath: PIA hemorrhages Rs97b in losses across 2022
National flag carrier bled Rs 8 billion and 83 million on average per month in losses across 2022
DISCOs, KE seek power tariff hike for April under FCA and quarterly adjustments
ISLAMABAD: Power Distribution Companies (DISCOs) have requested a Rs 2.01 per unit increase in electricity tariff for April 2023, while K-Electric has...
Pakistan secures only 36% of external financing in 10MFY23
Pakistan secured only $8.12b, against a target of $22.81b in the first ten months of current fiscal year
Cabinet grants exemption to SSGC-LPG for spot cargo imports to address gas shortages
Govt approves exemption for SSGC-LPG to import LPG spot cargoes, ensuring stable pricing
PPIB urges CIHC Pak Power Company to fulfil obligations for Gwadar Coal Power Project
PPIB Urges CIHC Pak Power Company to comply with financial obligations
Govt posts Imdad Ullah Bosal as new secretary finance ahead of FY24 budget
MDs for Pak-Kuwait, Pak Libya, Pak-Oman and Pak Brunei investment companies