The Securities and Exchange Commission of Pakistan (SECP) held a workshop in Karachi to explore areas of potential collaboration in capital markets between Pakistan and China. The purpose of the workshop was to benefit from the experience and ideas o…
Pakistan’s annual inflation is expected to fall to 13.1 percent in May 2024 compared to 17.3 percent in April 2024, brokerage house Ismail Iqbal Securities said in its report on Tuesday.
According to the report, on a month-on-month (MoM) basis, infl…
The Federal Tax Ombudsman (FTO) Dr. Asif Mahmood Jah has ordered an investigation against the Corporate Tax Office Islamabad (CTO) for blunt violation of instructions issued by parent agency (FBR) to provide copies of order sheet entries s to the tax…
Pakistan Stock Exchange (PSX) will gradually enhance the security-wise Circuit Breakers by 0.5 percent on a fortnightly basis till they reach the 10 percent level, the main bourse said in a notice to investors on Tuesday.
This gradual enhancement wi…
The Competition Commission of Pakistan (CCP) has granted a time-bound exemption on the relevant clauses of product supply agreement between Aramco Trading (ATC) Fujairah FZE Ltd and Gas and Oil Pakistan Ltd (GO Petroleum) for importing and selling Ga…
The price of gold in Pakistan fell by Rs. 1,900 per tola on Tuesday to dip below the Rs. 250,000 per tola level.
According to data issued by the Karachi Sarafa Association, the price of gold (24 carats) dropped by Rs. 1,900 per tola to Rs. 248,500, …
The Federal Board of Revenue’s (FBR) Intelligence and Investigation Inland Revenue has detected a big Cement company’s supplier involved in fake and flying invoices worth millions of rupees.
According to a statement issued by FBR the Directorate of …
The Pakistani rupee (PKR) fell second day in a row against the US Dollar today after opening trade at 278 in the interbank market.
It was bearish all day and closed in red against the greenback. However, it managed to recover against a few major cur…
Pakistan Telecommunication Company Limited (PTCL) and Mashreq Pakistan, a part of Mashreq which is the leading financial institution in the MENA region, have signed an agreement for the provisioning of primary data center colocation services at PTCL’…
Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to devise a comprehensive standing operating procedure (SOP) regarding lab tests of the auctioned vehicles by the successful bidders.
In this regard, the FTO has issued inst…
