October 8, 2021: The government is committed to protect and encourage foreign investments and the Board of Investment (BOI) has assured to facilitate the investors and help them execute their investments. The BOI
October 8, 2021: The Federal Board of Revenue (FBR) on Thursday issued a clarification about a news item appearing in Daily Express Tribune on ‘Regional and Large Tax Offices’. The FBR has issued
October 8, 2021: Federal Board of Revenue (FBR) has once again urged all the taxpayers, both old and new, to make the most of the one-time extension of 15 days granted for the
October 8, 2021: Building further on its ongoing drive for digitization and automation of various processes involved in revenue collection, the Federal Board of Revenue (FBR) has developed the “Single Sales Tax Portal”
October 8, 2021 (MLN): The Economic Coordination Committee (ECC) of the cabinet on Thursday, constituted a sub-committee headed by the Finance Minister to take a decision regarding the ban on exports of tomatoes
October 7, 2021 (MLN): Advisor to Prime Minister on Commerce and Investment, Abdul Razak Dawood on Thursday, appreciated new investment worth USD 5billion in domestic Textile sector. “We have been informed that an
October 07, 2021: The Ministry of Information Technology and Telecommunication was taking several initiatives for the provision of quality broadband services and working on USF’s 43 projects worth Rs over 29 billion to
October 07, 2021: The total electricity generation in the country including the power plants connected with National Transmission and Despatch Company (NTDC) and Karachi-Electric KE Systems was recorded as 143,090.64 GWh in fiscal
October 07, 2021: President Dr. Arif Alvi on Thursday while calling for probing 700 Pakistanis mentioned in the Pandora papers, questioned the justification of tax havens protected by the West. He said after
October 07, 2021: Cognizant of the increased gas consumption especially during the winter season, the government has decided to execute a project of establishing the Strategic Underground Gas Storages (SUGS) by allocating funds
October 07, 2021: Exploration and Production (E&P) companies would produce around 29 million barrel (MBL) crude oil and 1.47 trillion cubic feet (TCF) gas and 917,731 tons Liquefied Petroleum Gas (LPG) under the
October 7, 2021 (MLN): The State Bank of Pakistan (SBP) conducted an auction on Wednesday in which it sold Market Treasury Bills (MTBs) worth Rs691.3 billion for 3 and 6 months, against its
October 7, 2021 (MLN): The State Bank of Pakistan (SBP) conducted an auction on Wednesday in which it sold Market Treasury Bills (MTBs) worth Rs691.3 billion for 3 and 6 months, against its
October 07, 2021 (MLN): The World Bank (WB) on Thursday projected Pakistan’s economy to ease to 3.4% in FY22 but strengthen thereafter to 4.0 percent in FY23 with the implementation of key structural
October 7, 2021 (MLN): As per amendments made by the government in National Accountability Ordinance, 1999 (NAO), the taxation matters of the business community and individuals would now refer to the Federal Board of
March 19, 2021 (MLN): Pakistan has received $7.21 billion total external inflows during July-Feb FY21 from bilateral and multilateral development partners, foreign commercial borrowing, and time deposits to restructure its economy and finance its development
March 19, 2021: Oil and Gas Regulatory Authority (OGRA) on Friday warned of stern action against those found involved in overcharging and less filling of Liquefied Petroleum Gas (LPG) cylinders, terming the act “an offence.”
March 19, 2021 (MLN): The Finance Committee of Export Development Fund (FC-EDF) approved Rs. 950 million for up-gradation of PPTF. Taking to his Twitter handle, Advisor to the PM on Commerce and Investment, Mr. Abdul
March 19, 2021: Prime Minister Imran Khan has underscored the need for forging deeper economic, trade and investment cooperation between Pakistan and Kuwait. He expressed these views during a meeting with the Foreign Minister of
March 19, 2021: Federal Minister for Finance and Revenue, Dr. Abdul Hafeez Shaikh, chaired the meeting of the Cabinet Committee on Privatization (CCoP) yesterday. Federal Minister for Privatization Muhammad Mian Soomro, Federal Minister for Planning
March 19, 2021: Pakistan Mortgage Refinance Company (PMRC) has issued a first of its kind Sukuk of PKR 3.1 billion at 8.25% for the promotion of housing finance in Pakistan. PMRC and its Partner Financial
March 18, 2021 (MLN): The State Bank of Pakistan (SBP)’s Monetary Policy Committee (MPC) is scheduled to convene on Friday, March 19, 2021, to announce Monetary Policy for the next two months. To recall, the
March 18, 2021 (MLN): Pakistan's outstanding debts as of February 28, 2021 stand at a colossal amount of Rs.23.61 trillion whereas total debt at the end of the prior month was Rs.23.3 trillion, meaning that
March 18, 2021 (MLN): The upward momentum continued in the interbank market fuelled by better inflows and improved sentiments as Pak Rupee (PKR) opened strong against the USD at 155.00/155.10 before easing slightly to 155.18/155.23
March 18, 2021: Japan has expressed a strong desire to expand relations with Pakistan in different fields including trade, economy, investment, military, and sports besides enhancing political and cultural exchanges. The views were
March 17, 2021: Federal Minister for Privatisation / Chairman Mohammed Mian Soomro chaired a high-level meeting on the transaction of NPPMCL. Federal Secretary Privatisation, Additional Secretary Petroleum and representative of Power Division attended the meeting.
March 17, 2021: Federal Minister for Finance and Revenue, Dr. Abdul Hafeez Shaikh, chaired the meeting of the Economic Coordination Committee (ECC) of the Cabinet held today. Federal Minister for Interior Sheikh Rasheed Ahmad, Federal
March 17, 2021 (MLN): The country attracted $1.3 billion of net FDI during July-Feb FY21, with China, Netherlands and Hongkong appeared as the top three investors in Pakistan with net FDI of $494 million, $117.8
March 17, 2021: Dynamic Engineering and Automation (DEA) has launched two Special Zones (SEZs) at Pir Phato, Thatta and Padshahan, Chakwal districts and concluded negotiations with Chinese investors and companies to establish manufacturing facilities, global
March 17, 2021(MLN): Pakistan witnessed Foreign Direct Investments (FDI) of $155 million during the month of February 2021 i.e. around 20% lower as compared to the net inflows of $192.7 million received in January 2021.
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