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Pakistan Customs Agents Threaten Nationwide Shutdown Over Alleged Corruption

07-Feb-2025
The Pakistan Customs Agents Association has issued a stark warning to suspend import and export clearance services across the country within 15 days, citing the alleged "illegal suspension" of 45 agen...
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Pakistan Customs Agents Threaten Nationwide Shutdown Over Alleged Corruption

Senate Slams Wapda Luxury Car Purchase Amid Austerity Measures

07-Feb-2025
The Senate Standing Committee on Water Resources strongly criticized the Water and Power Development Authority (Wapda) for purchasing 78 luxury vehicles worth Rs740 million, despite the federal govern...
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Senate Slams Wapda Luxury Car Purchase Amid Austerity Measures

SECP Moves Forward with Major Reforms for Mutual Fund Industry

07-Feb-2025
The Securities and Exchange Commission of Pakistan (SECP) hosted a crucial consultation with representatives from the Mutual Funds Association of Pakistan (MUFAP), senior officials from Asset Manageme...
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SECP Moves Forward with Major Reforms for Mutual Fund Industry

SBP $3.8 Billion Intervention Boosts Reserves by $2.1 Billion in 2024

06-Feb-2025
Between June and October 2024, the State Bank of Pakistan (SBP) purchased a total of $3.8 billion in the domestic foreign exchange (FX) market, according to data released by the central bank. The SBP ...
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SBP $3.8 Billion Intervention Boosts Reserves by $2.1 Billion in 2024

4 PCBL Officials Arrested in Land Fraud Investigation

06-Feb-2025
Four officials from the Punjab Cooperative Board for Liquidation (PCBL) have been arrested in connection with a massive land fraud case, with an FIR filed against them and several private individuals ...
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4 PCBL Officials Arrested in Land Fraud Investigation

HBL Credits Over 3.5 Million Shares to Employees Under Deferred Compensation Plan

06-Feb-2025
Habib Bank Limited (HBL) has distributed over 3.5 million shares to its employees as part of its Risk Aligned Remuneration Policy. This policy offers deferred variable compensation to Material Risk Ta...
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HBL Credits Over 3.5 Million Shares to Employees Under Deferred Compensation Plan

Balochistan Assembly Passes Key Tax Bills Amid Legislative Reforms

04-Feb-2025
On Monday, the Balochistan Assembly passed two important legislative measures, the Balochistan Tax on Land and Agricultural Income Amendment Bill and the Balochistan Civil Servants Amendment Bill, as ...
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Balochistan Assembly Passes Key Tax Bills Amid Legislative Reforms

PRA Achieves Record Breaking Rs 22.21 Billion in Sales Tax Collection for January 2025

04-Feb-2025
In January 2025, the Punjab Revenue Authority (PRA) achieved a historic Rs22.21 billion in Punjab Sales Tax collection, representing a 21% year-over-year increase from Rs18.39 billion in January 2024....
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PRA Achieves Record Breaking Rs 22.21 Billion in Sales Tax Collection for January 2025

NHA Makes M Tag Mandatory for All Motorway Travelers Starting February 2025

04-Feb-2025
The National Highway Authority (NHA) has officially implemented a new toll collection policy, making M-Tag usage compulsory for all motorway commuters starting February 1, 2025. According to a notific...
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NHA Makes M Tag Mandatory for All Motorway Travelers Starting February 2025

Sindh Approves Agriculture Income Tax Bill 2025

03-Feb-2025
The Sindh Cabinet has approved the Agriculture Income Tax Bill 2025, a move that meets a key requirement set by the International Monetary Fund (IMF). The decision was made during a meeting chaired by...
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Sindh Approves Agriculture Income Tax Bill 2025
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