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Bank Alfalah To Sell Bangladesh Operations For $47M

27-Mar-2026
The shareholders of Bank Alfalah Limited have approved the divestment of its Bangladesh operations to Bank Asia Limited for an estimated consideration of approximately $47.5 million, as reflected in t...
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Bank Alfalah To Sell Bangladesh Operations For $47M

PRA Foodpanda Collaboration To Boost Tax Compliance

27-Mar-2026
A delegation from Foodpanda Pakistan held a meeting with Moazzam Iqbal Sipra, Chairperson of the Punjab Revenue Authority, to explore measures aimed at enhancing tax compliance within Punjab’s digit...
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PRA Foodpanda Collaboration To Boost Tax Compliance

FBR Directs Fast Resolution Of Business Complaints

27-Mar-2026
Rashid Mahmood Langrial, Chairman of the Federal Board of Revenue, has directed tax and customs authorities in Karachi to expedite the resolution of business-related grievances raised by the local bus...
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FBR Directs Fast Resolution Of Business Complaints

Punjab Abolishes Board Fees Across Public Institutions

27-Mar-2026
In an effort to enhance fiscal discipline and reduce public expenditure, the Government of Punjab has decided to eliminate board fees for members serving across government, semi-government, and autono...
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Punjab Abolishes Board Fees Across Public Institutions

Govt Plans Multi Tariff Power System For Industries

25-Mar-2026
The Government of Pakistan is currently evaluating the introduction of an optional multi-tariff Time-of-Use (ToU) framework aimed at reducing electricity costs and enhancing operational efficiency for...
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Govt Plans Multi Tariff Power System For Industries

SBP Cancels Licenses Of Two Exchange Companies

25-Mar-2026
The State Bank of Pakistan has revoked the licences and authorisations of Dream Exchange (Private) Limited and Al Raj International Exchange Company (Private) Limited following the identification of s...
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SBP Cancels Licenses Of Two Exchange Companies

SBP Expands NPC Eligibility For Non Resident Investors

25-Mar-2026
The State Bank of Pakistan has introduced revisions to the eligibility framework governing investment in Naya Pakistan Certificates, thereby broadening participation for non-resident individuals and e...
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SBP Expands NPC Eligibility For Non Resident Investors

IHC Rules Property Gains Taxed Under Section 37(1A)

25-Mar-2026
The Islamabad High Court has clarified that gains arising from the disposal of immovable property are chargeable to tax exclusively under Section 37(1A) of the Income Tax Ordinance, 2001, affirming th...
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IHC Rules Property Gains Taxed Under Section 37(1A)

CCP Recovers Penalty Over Anti Competitive Agreement

25-Mar-2026
The Competition Commission of Pakistan has successfully recovered a cumulative penalty of Rs40 million from United Distributors Pakistan Limited and International Brands (Private) Limited in relation ...
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CCP Recovers Penalty Over Anti Competitive Agreement

LESCO Misses NEPRA Targets Despite Reported Improvements

24-Mar-2026
Lahore Electric Supply Company has failed to achieve key performance benchmarks established by National Electric Power Regulatory Authority, despite reporting measurable improvements in loss reduction...
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LESCO Misses NEPRA Targets Despite Reported Improvements
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