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Supreme Court Reinstates Sales Tax in Tribal Areas

15-May-2025
The Supreme Court of Pakistan’s Constitutional Bench on Wednesday, May 14, 2025, temporarily reinstated the Sales Tax Amendment Act in the former Federally Administered Tribal Areas and Provincially...
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Supreme Court Reinstates Sales Tax in Tribal Areas

Government Reviews Cotton Tax, Expands Tax Base 2025

13-May-2025
Parliamentary Secretary for Finance and Revenue Saad Wasim Sheikh informed the National Assembly on May 12, 2025, that the government is reviewing the 18% sales tax on locally produced cotton for the ...
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Government Reviews Cotton Tax, Expands Tax Base 2025

PM Shehbaz Sharif Directs Pursuit of Tax Cases

13-May-2025
Prime Minister Shehbaz Sharif issued a stern directive on May 13, 2025, ordering authorities to aggressively pursue pending tax-related cases to recover national wealth and broaden the tax base, signa...
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PM Shehbaz Sharif Directs Pursuit of Tax Cases

Sui Southern Gas Company Limited Reports Rs. 8.29 Billion Profit

13-May-2025
Sui Southern Gas Company Limited has announced a remarkable financial recovery for the fiscal year ended June 30, 2024, reporting a consolidated profit of Rs. 8.29 billion, a stark contrast to the Rs....
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Sui Southern Gas Company Limited Reports Rs. 8.29 Billion Profit

Pakistan External Debt Drops, Domestic Debt Soars Q3

13-May-2025
Pakistan’s total debt composition reveals a growing reliance on domestic borrowing, with the State Bank of Pakistan reporting a marginal reduction in external debt and liabilities to $130.31 billion...
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Pakistan External Debt Drops, Domestic Debt Soars Q3

Pakistan’s External Debt Drops to $130.31 Billion, Domestic Debt Rises to Rs73.69 Trillion in Q3 FY25

12-May-2025
Pakistan’s total debt composition reveals a growing reliance on domestic borrowing, with the State Bank of Pakistan reporting a marginal reduction in external debt and liabilities to $130.31 billion...
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Pakistan’s External Debt Drops to $130.31 Billion, Domestic Debt Rises to Rs73.69 Trillion in Q3 FY25

Government Targets Rs5.75 Trillion via Domestic Markets for May-July 2025

12-May-2025
The federal government is set to raise Rs5.75 trillion through domestic markets from May to July 2025, leveraging Market Treasury Bills, Fixed-Rate Pakistan Investment Bonds, and Floating-Rate Pakista...
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Government Targets Rs5.75 Trillion via Domestic Markets for May-July 2025

GFIL Approves Sale of 175 Kanal Land in Kasur

12-May-2025
The Board of Directors of Ghazi Fabrics International Limited (GFIL) has approved the sale of 175 Kanal and 10 Marla of land in Mohal Chak No 66 (Dina Nath), Tehsil Pattoki, District Kasur, on May 12,...
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GFIL Approves Sale of 175 Kanal Land in Kasur

CCP Approves APIL and MOD Acquisition of LCPL Majority Stake

12-May-2025
The Competition Commission of Pakistan (CCP) has approved the acquisition of a majority stake in Lotte Chemical Pakistan Limited (LCPL) by AsiaPak Investments Limited (APIL) and Montage Oil DMCC (MOD)...
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CCP Approves APIL and MOD Acquisition of LCPL Majority Stake

SECP Registers 2,956 New Companies in April 2025

09-May-2025
The Securities and Exchange Commission of Pakistan (SECP) reported a record 2,956 new company registrations in April 2025, bringing the total to 252,321, a corporate growth surge with significant tax ...
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SECP Registers 2,956 New Companies in April 2025
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