The Securities and Exchange Commission of Pakistan (SECP) has disbursed a cumulative amount of PKR 1.191 billion to its chairman, commissioners, senior management, and staff over a retrospective period of 16 months, following formal approval by its policy board. The disclosures, as reported, Read More...
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The Overseas Investors Chamber of Commerce and Industry (OICCI) has formally submitted a comprehensive set of fiscal reform proposals in connection with the Federal Budget 2026–27, advocating for a gradual reduction in corporate taxation and the elimination of the super tax. These Read More...
The Appellate Tribunal Inland Revenue (ATIR) has provided relief to a software exporter by remanding a matter concerning PKR 51.2 million in foreign remittances to the assessing officer for fresh adjudication. The Tribunal observed that the declared income may qualify for exemption under the Read More...
Maritime trade operations in Pakistan have continued without disruption despite prevailing geopolitical tensions in the Strait of Hormuz, with oil tankers maintaining scheduled arrivals and discharge activities at Karachi Port.
According to available reports, the Pakistan National Shipping Read More...
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The Federal Board of Revenue (FBR) has initiated disciplinary proceedings against six customs officials, including senior-ranking officers, following the emergence of substantive findings in the ongoing investigation into the silver swap case. The inquiry has identified elements of alleged Read More...
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Pakistan has undertaken a strategic restructuring of its external debt obligations by refinancing maturing liabilities owed to the United Arab Emirates through newly secured financing from the Kingdom of Saudi Arabia. This approach has enabled the government to fulfill immediate repayment Read More...
The Government of Pakistan has implemented a significant downward revision in aviation fuel pricing, reducing jet fuel rates by PKR 23 per litre to a revised level of PKR 471.01 per litre. This adjustment follows an unprecedented surge recorded in the preceding month, which had materially Read More...
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