Between June and October 2024, the State Bank of Pakistan (SBP) purchased a total of $3.8 billion in the domestic foreign exchange (FX) market, according to data released by the central bank. The SBP usually reports its market interventions with a three-month delay.
These interventions Read More...
Four officials from the Punjab Cooperative Board for Liquidation (PCBL) have been arrested in connection with a massive land fraud case, with an FIR filed against them and several private individuals for their involvement in the illegal occupation and sale of government property, according to a Read More...
Habib Bank Limited (HBL) has distributed over 3.5 million shares to its employees as part of its Risk Aligned Remuneration Policy. This policy offers deferred variable compensation to Material Risk Takers (MRT), Material Risk Controllers (MRC), and selected General Managers (GM). The bank Read More...
On Monday, the Balochistan Assembly passed two important legislative measures, the Balochistan Tax on Land and Agricultural Income Amendment Bill and the Balochistan Civil Servants Amendment Bill, as part of the ongoing legal reforms in the province.
The session, which was delayed by 30 Read More...
In January 2025, the Punjab Revenue Authority (PRA) achieved a historic Rs22.21 billion in Punjab Sales Tax collection, representing a 21% year-over-year increase from Rs18.39 billion in January 2024. This achievement marks the highest-ever monthly tax collection for the authority.
So far Read More...
The National Highway Authority (NHA) has officially implemented a new toll collection policy, making M-Tag usage compulsory for all motorway commuters starting February 1, 2025. According to a notification released on January 31, the initiative seeks to transition to a completely digital tolling Read More...
The Sindh Cabinet has approved the Agriculture Income Tax Bill 2025, a move that meets a key requirement set by the International Monetary Fund (IMF). The decision was made during a meeting chaired by Chief Minister Murad Ali Shah, with the new tax law taking effect from January Read More...
Pakistan’s inflation rate dropped to 2.4% year-on-year in January 2025, marking its lowest level in over 9 years, as reported by the Pakistan Bureau of Statistics (PBS). This represents a notable decrease from December 2024, when it stood at 4.1%, continuing the trend of reduced price increases Read More...
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ISLAMABAD: The Directorate General of Customs Valuation in Karachi has established new customs values for Silicon in Primary Form (Emulsion Grade), setting rates between $2.40 and $3.50 per kg for imports from China and other countries.
This update, issued under Ruling 1951 of 2025, Read More...
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) achieved a record number of company registrations in January 2025, with 3,442 new companies incorporated, marking a 39% increase compared to the monthly average of the previous year.
This surge underscores SECP’s ongoing Read More...
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