The Federal Board of Revenue (FBR) has introduced a mandatory requirement for taxpayers to disclose the market value of their possessions in their income tax returns, adding a new segment
The Council of Islamic Ideology (CII) criticized the withholding tax on cash withdrawals and transfers, labeling it “un-Islamic” during its 243rd session on Wednesday. The council, led by Chairman Dr.
Prime Minister Shehbaz Sharif has requested the International Monetary Fund (IMF) to consider the economic repercussions of the recent devastating floods in its upcoming review of Pakistan”s performance under the
Prime Minister Muhammad Shehbaz Sharif secured a historic $40 billion commitment from the World Bank Group (WBG) during a meeting with WBG President Ajay Banga at the 80th session of
The Senate Standing Committee on Finance and Revenue has called for a significant overhaul of Pakistan’s remittance system, questioning the effectiveness of the Pakistan Remittances Initiative (PRI) and its impact
The Securities and Exchange Commission of Pakistan (SECP) Chairperson emphasized streamlining the account opening process in the country’s capital markets. In a meeting with leaders of key Capital Market Infrastructure
A UK government study today exposed the staggering financial impact of intellectual property (IP) violations in Pakistan, estimating losses of £2.2 billion (approximately Rs 800 billion) in 2023 alone. The
The KSE 100 index today experienced a slight increase of 291.65 points, closing at 158,236.68, reflecting a 0.18% rise. This marginal upswing occurred despite a volatile day of trading on
