Shareholders of Amreli Steels Limited have approved a substantial increase in the company’s authorised share capital, raising the limit from Rs5 billion to Rs8 billion, according to a corporate disclosure submitted to the Pakistan Stock Exchange (PSX).
The special resolution was adopted Read More...
The federal government has informed lawmakers that a proposed retail taxation framework is expected to bring approximately two million retailers into the documented economy and generate an estimated Rs50 billion in additional revenue, forming a key component of ongoing efforts to broaden Read More...
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The Government of Punjab has proposed significant amendments to motor vehicle taxation and registration compliance requirements through the Finance Bill 2026-27, including higher token taxes on larger private vehicles and commercial loader vehicles, while simultaneously enhancing tax incentives Read More...
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Bank Alfalah Limited has secured final regulatory approval from the State Bank of Pakistan (SBP) to raise Rs20 billion through the issuance of Tier 2 capital instruments, according to a disclosure submitted to the Pakistan Stock Exchange (PSX).
The bank stated that the proposed capital Read More...
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The Government of Punjab has proposed substantial amendments to agricultural taxation and irrigation charges through the Punjab Finance Bill 2026, introducing significant increases in agriculture income tax rates and revising the existing Abiana framework as part of broader efforts to enhance Read More...
The federal government has announced the second phase of its tariff rationalisation initiative, proposing extensive reductions in customs-related duties and regulatory levies as part of a broader trade liberalisation strategy. The proposed measures are expected to reduce federal revenue by Read More...
The Government of Punjab has unveiled a Rs5.903 trillion provincial budget for FY2026-27, proposing a 7% increase in salaries for government employees and a 3.5% enhancement in pensions while maintaining significant allocations for education, healthcare, infrastructure, public safety, and Read More...
The State Bank of Pakistan (SBP) has introduced revised regulatory requirements governing the conversion of conventional banking branches into Islamic banking branches, streamlining procedural timelines as Pakistan advances towards the complete elimination of interest-based financial practices Read More...
The federal government has informed a Senate committee that the International Monetary Fund (IMF) declined Pakistan’s proposal to exempt stationery items commonly used by students, including pencils and exercise books, from the sales tax regime.
During proceedings of the Senate Standing Read More...
Attock Refinery Limited (ARL) has disclosed that its Chairman and Director, Shuaib A. Malik, has submitted a proposal to acquire a 70% equity stake in Attock Hospital (Private) Limited, a wholly owned subsidiary of the refinery company.
The development was communicated through a formal Read More...
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