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FIO and FOSPAH Drop 2024 Reports to President Zardari

29-Mar-2025
On Friday, Federal Insurance Ombudsman (FIO) Mumtaz Ali Shah handed over the 2024 annual report to President Asif Ali Zardari at Aiwan-e-Sadr.Shah told the president that the FIO sorted out 5,827 comp...
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FIO and FOSPAH Drop 2024 Reports to President Zardari

SECP Sets Tougher Rules for Fund Manager Reports

28-Mar-2025
The Securities and Exchange Commission of Pakistan (SECP) has brought in new, tougher rules for Fund Manager Reports (FMRs) from Asset Management Companies (AMCs). The aim is to make things clearer fo...
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SECP Sets Tougher Rules for Fund Manager Reports

Islamabad High Court Halts Gas Levy on Captive Power Plants Until April

28-Mar-2025
The Islamabad High Court (IHC) has put a hold on a levy applied to natural gas and RLNG used by captive power plants (CPPs), blocking its enforcement until April 30, 2025. This levy was introduced und...
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Islamabad High Court Halts Gas Levy on Captive Power Plants Until April

Government Pushes for Rs1.71 Per Unit Cut in Electricity Prices

28-Mar-2025
On Friday, the federal government asked the National Electric Power Regulatory Authority (Nepra) to reduce electricity rates by Rs1.71 per unit across Pakistan, including Karachi, according to Dawn.Th...
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Government Pushes for Rs1.71 Per Unit Cut in Electricity Prices

National Savings Schemes See Drop in February Inflows

28-Mar-2025
The State Bank of Pakistan (SBP) reported today that net savings through National Savings Schemes (NSS) dropped to Rs23.33 billion in February, compared to Rs31.16 billion in January.This decrease com...
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National Savings Schemes See Drop in February Inflows

FBR Busts Luxury Watch Smuggling Ring, Uncovers Rs 180M Tax Evasion

27-Mar-2025
The Federal Board of Revenue’s Large Tax Office (LTO) in Karachi has exposed a smuggling operation tied to luxury watches, used to launder black money and dodge taxes, according to a private TV chan...
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FBR Busts Luxury Watch Smuggling Ring, Uncovers Rs 180M Tax Evasion

Sindh High Court Extends TRG Pakistan Buyback Deadline, Tax Stakes Rise

27-Mar-2025
The Sindh High Court decided on Wednesday that Greentree Holdings Limited, along with the manager handling the public offer for TRG Pakistan, can push the buyback offer’s acceptance period to April ...
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Sindh High Court Extends TRG Pakistan Buyback Deadline, Tax Stakes Rise

Cabinet Delays Solar Policy, Approves Tax Reforms and IMF Deal Boost

26-Mar-2025
On Wednesday, Pakistan’s federal cabinet, led by Prime Minister Shahbaz Sharif, put the brakes on approving a new solar net metering policy after facing pushback from multiple members, including the...
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Cabinet Delays Solar Policy, Approves Tax Reforms and IMF Deal Boost

Philip Morris Pakistan to Delist from PSX, Triggers Tax and Investment Shifts

26-Mar-2025
On March 26, 2025, the Board of Directors of Philip Morris (Pakistan) Limited greenlit a plan to voluntarily delist the company’s shares from the Pakistan Stock Exchange (PSX), following rule 5.14 o...
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Philip Morris Pakistan to Delist from PSX, Triggers Tax and Investment Shifts

IMF Secures $2 Billion Deal with Pakistan, Signals Tax and Fiscal Reforms

26-Mar-2025
The International Monetary Fund (IMF) revealed on Wednesday that it has finalized a staff-level agreement with Pakistan, covering the first review of its Extended Fund Facility (EFF) economic program ...
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IMF Secures $2 Billion Deal with Pakistan, Signals Tax and Fiscal Reforms
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