PSX 100-Index Surges by 671 Points Amid Institutional Buying in Cement Sector
The Pakistan Stock Exchange (PSX) 100-Index witnessed a bullish trend on Tuesday, with a notable gain of 671.73 points, marking…
NAB Lahore Distributes Rs 1.86 Billion to Over 300 Victims of Ponzi Schemes and Housing Frauds
In a significant development aimed at addressing widespread financial fraud, the National Accountability Bureau (NAB) Lahore has distributed Rs 1.86…
SBP Cancels Industrial Development Bank’s License Due to Insolvency
The State Bank of Pakistan (SBP) has canceled the banking license of the Industrial Development Bank Limited (IDBL) following its…
FBR Registers 9,130 Retailers in Point of Sales System for Tax Compliance
The Federal Board of Revenue (FBR) has successfully integrated over 9,130 major retailers into its Point of Sales (POS) system…
SBP Announces Winners of New Currency Note Design Contest
The State Bank of Pakistan (SBP) has announced the winners of its highly anticipated Art Competition, which invited local artists…
SBP Reserves Hit Highest Level Since July 2023 Amid Global Economic Pressures
The foreign exchange reserves held by the State Bank of Pakistan (SBP) have reached their highest level since July 2023,…
FBR Drafts Mini-Budget to Address Revenue Shortfall with Potential WHT Increase
The Federal Board of Revenue (FBR) has drafted a mini-budget proposal that includes an increase in withholding tax (WHT) rates…
Federal Government Launches Contributory Pension Scheme for Civil Employees
The federal government has officially launched a new Contributory Pension Fund Scheme for civil employees, including those paid from Defense…
Pakistan Introduces New Incentives for Remittances
The Economic Coordination Committee (ECC) of the Cabinet has approved revisions to the Remittances Incentive Schemes to encourage increased remittance…
Punjab Government Digitizes Pension System
The Punjab government has embarked on a significant digital transformation of its pension system. A new Gazette notification has been…