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Author: Web Desk

FBR White

FBR crushes benami ownership, seizes Islamabad housing plots

June 14, 2025June 14, 2025Web Desk

Islamabad, June 14, 2025 – In a landmark move, the Federal Board of Revenue (FBR) has successfully confiscated the first-ever benami immovable property in Islamabad under the Benami Transactions (Prohibition) Act, 2017.

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SBP KIBOR

KIBOR – Karachi Interbank Offered Rates on June 11, 2025

June 11, 2025June 11, 2025Web Desk

The State Bank of Pakistan (SBP) has released the Karachi Interbank Offered Rates (KIBOR) for various tenors on Wednesday, June 11, 2025, providing a crucial snapshot of the prevailing borrowing costs in the interbank market.

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PSX KSE-100

PSX slips 1.17% in a week amid regional tensions

May 3, 2025May 3, 2025Web Desk

Karachi, May 3, 2025 – The Pakistan Stock Exchange (PSX) faced a challenging week as the benchmark KSE-100 index declined by 1.17% on a weekly basis, mainly due to rising tensions in the region.

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SBP KIBOR

KIBOR – Karachi Interbank Offered Rates on April 30, 2025

April 30, 2025April 30, 2025Web Desk

The State Bank of Pakistan (SBP) has released the Karachi Interbank Offered Rates (KIBOR) for various tenors on Wednesday, April 30, 2025, providing a crucial snapshot of the prevailing borrowing costs in the interbank market.

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Hascol Petroleum

SECP Denies Hascol’s Request for AGM Extension

April 11, 2025April 11, 2025Web Desk

Karachi, April 11, 2025 – The Securities and Exchange Commission of Pakistan (SECP) has officially rejected a request by Hascol Petroleum Limited for a 30-day extension to hold its Annual General Meeting (AGM).

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UAE Dirham Currency

PKR to AED: Rupee to UAE Dirham on March 5, 2025

March 4, 2025March 4, 2025Web Desk

On March 5, 2025, the buying rate of one UAE Dirham (AED) in Pakistani Rupees (PKR) in the open market was Rs 76.05, while the selling rate was Rs 76.60.

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coins and money

India Budget 2025: New Personal Tax Regime, Revised Tax Slabs

February 3, 2025February 3, 2025Web Desk

India has introduced significant changes to the personal tax regime in its Budget 2025, aimed at providing relief to the middle class. The revised tax structure is designed to reduce the financial burden on individuals, thereby encouraging greater disposable income, boosting household spending, and enhancing savings.

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tennis

Madison Keys Stuns Iga Swiatek to Reach Australian Open Final

January 23, 2025January 23, 2025Web Desk

In a thrilling display of resilience and power, Madison Keys pulled off a stunning comeback to defeat No. 2 seed Iga Swiatek 5-7, 6-1, 7-6 (10-8) in the Australian Open semifinals on Thursday night. The 29-year-old American Keys saved a match point in the process, earning her spot in the final and marking her first […]

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competition

CCP Concludes Phase-II Review of PTCL’s Telenor Acquisition

November 22, 2024June 2, 2026Web Desk

The Competition Commission of Pakistan (CCP) has finalized all formalities for the Phase-II review of Pakistan Telecommunication Company Limited’s (PTCL) acquisition of 100% shareholding in Telenor Pakistan Pvt Ltd and Orion Towers Pvt Ltd.

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stock exchange activity

CII Chairman Denies Statement on VPNs

November 20, 2024May 7, 2026Web Desk

Islamabad, November 20, 2024 – Council of Islamic Ideology (CII) Chairman Dr. Raghib Hussain Naeemi has categorically denied declaring virtual private networks (VPNs) “un-Islamic,” explaining that a “typo” in the council’s statement caused the confusion amid the government’s deadline to block all unregistered encrypted networks this month.

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  • Pakistan unveils post-2027 strategy for Riba-free financial system
  • FBR raises withholding tax on various services to 7%
  • Revised salary tax rates implemented from July 1, 2026
  • France Crush Sweden 3-0 to Reach FIFA World Cup 2026 Round of 16
  • Mexico Reaches FIFA World Cup Quarter-Finals After 40-Year Wait
  • Norway Edge Ivory Coast to Reach FIFA World Cup Quarter-finals
  • Barcelona Secure Andreas Christensen with New Contract Until 2028
  • Aurangzeb Applauds FBR for Achieving FY2025-26 Revenue Target
  • Pakistan Extends EOI Deadline for FESCO, GEPCO Privatization Process
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