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Meezan Bank Reports 10.6% Profit Decline to Rs22.42 Billion in Q1CY25

21-Apr-2025

Meezan Bank Limited (PSX: MEBL), Pakistan’s leading Islamic bank, reported a consolidated after-tax profit of Rs22.42 billion for the quarter ending March 31, 2025, reflecting a 10.6% year-on-year d...

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Meezan Bank Reports 10.6% Profit Decline to Rs22.42 Billion in Q1CY25

FBR Extends Sales Tax and Federal Excise Return Deadline to April 25, 2025

19-Apr-2025

The Federal Board of Revenue (FBR) has declared a critical extension for the submission of Sales Tax and Federal Excise Returns for the March 2025 tax period, shifting the deadline to April 25, 2025. ...

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FBR Extends Sales Tax and Federal Excise Return Deadline to April 25, 2025

Tribunal Dismisses Karachi Nimco’s Appeal, Upholds Rs20M CCP Penalty

19-Apr-2025

The Competition Appellate Tribunal has firmly rejected an appeal by M/s Karachi Nimco, upholding a Rs20 million penalty imposed by the Competition Commission of Pakistan (CCP) for deceptive marketing ...

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Tribunal Dismisses Karachi Nimco’s Appeal, Upholds Rs20M CCP Penalty

PM Shehbaz Introduces FBR Performance Management System to Enhance Accountability

19-Apr-2025

Prime Minister Shehbaz Sharif has launched a groundbreaking Performance Management System for Federal Board of Revenue (FBR) officers, ushering in a new era of accountability and digitization to overh...

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PM Shehbaz Introduces FBR Performance Management System to Enhance Accountability

GO Urges Prime Minister to Assess Ogra Chairperson’s Leadership Amid Oil Sector Concerns

19-Apr-2025

Gas and Oil Pakistan Limited (GO), backed by a 40% stake from Saudi Aramco, has issued a urgent appeal to the Prime Minister to scrutinize the performance of Oil and Gas Regulatory Authority (Ogra) ch...

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GO Urges Prime Minister to Assess Ogra Chairperson’s Leadership Amid Oil Sector Concerns

K-Electric Distances Itself from Pakistan’s Circular Debt Crisis

18-Apr-2025

K-Electric (KE) has firmly rejected any role in Pakistan’s spiraling circular debt crisis, distancing itself from a chronic issue crippling the nation’s power sector. In a forceful statement relea...

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K-Electric Distances Itself from Pakistan’s Circular Debt Crisis

SBP Injects Rs791.15 Billion to Address Banking System Liquidity

18-Apr-2025

The State Bank of Pakistan (SBP) unleashed a massive Rs791.15 billion into the banking system on Monday, deploying both conventional and Shariah-compliant Open Market Operations (OMOs) to tackle persi...

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SBP Injects Rs791.15 Billion to Address Banking System Liquidity

Pakistan Fertilizer Sector Expects 16% Profit Decline in 1QCY25, FFC Outperforms

18-Apr-2025

Pakistan’s fertilizer sector faces a steep 16% profit decline in 1QCY25, driven by a sharp collapse in product demand, according to AKD Research. Urea sales plummeted 40%, DAP crashed 48%, CAN dropp...

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Pakistan Fertilizer Sector Expects 16% Profit Decline in 1QCY25, FFC Outperforms

Government Proposes Raising Income Tax Exemption to Rs800,000 and Taxing High Pensions

17-Apr-2025

The federal government is weighing a significant increase in the annual income tax exemption limit from Rs600,000 to Rs800,000 for the 2025-26 budget, pending approval from the International Monetary ...

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Government Proposes Raising Income Tax Exemption to Rs800,000 and Taxing High Pensions

Petroleum Minister Justifies Fuel Price Freeze to Support Balochistan Infrastructure

17-Apr-2025

Petroleum Minister Ali Pervaiz Malik staunchly defended the government’s decision to maintain current fuel prices, arguing that Pakistan’s rates remain lower than neighboring countries and that th...

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Petroleum Minister Justifies Fuel Price Freeze to Support Balochistan Infrastructure

Latest Updates

Meezan Bank Reports 10.6% Profit Decline to Rs22.42 Billion in Q1CY25

FBR Extends Sales Tax and Federal Excise Return Deadline to April 25, 2025

Tribunal Dismisses Karachi Nimco’s Appeal, Upholds Rs20M CCP Penalty

PM Shehbaz Introduces FBR Performance Management System to Enhance Accountability

GO Urges Prime Minister to Assess Ogra Chairperson’s Leadership Amid Oil Sector Concerns

K-Electric Distances Itself from Pakistan’s Circular Debt Crisis

SBP Injects Rs791.15 Billion to Address Banking System Liquidity

Pakistan Fertilizer Sector Expects 16% Profit Decline in 1QCY25, FFC Outperforms

Government Proposes Raising Income Tax Exemption to Rs800,000 and Taxing High Pensions

Petroleum Minister Justifies Fuel Price Freeze to Support Balochistan Infrastructure

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