Islamabad, February 26, 2024 – The Pakistan Meteorological Department (PMD) has issued a flash flooding alert for Balochistan on Monday following heavy rainfall.
(more…)Category: Pakistan
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Pakistan Achieves Record High with 5.73 Million Active Taxpayers
Karachi, February 26, 2024 – Pakistan has set a historic record with 5.73 million active taxpayers, according to official data released by the Federal Board of Revenue (FBR) on Monday.
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PSO Clarifies Greenfield Refinery Project Amidst Reports
Karachi, February 26, 2024 – Pakistan State Oil (PSO) addressed recent reports concerning the establishment of the Greenfield Refinery Project on Monday, seeking to provide clarity on the situation.
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Pakistan Petroleum Achieves Over 44% Profit Growth in 1HFY24
Karachi, February 26, 2024 – Pakistan Petroleum Limited (PPL) has announced a remarkable growth in net profit, exceeding 44% for the first half of the fiscal year 2023-24.
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Pakistan Banks Enjoy 83% Profit Growth Amid High Interest Rates
Karachi, February 25, 2024 – The banking sector in Pakistan has witnessed a remarkable surge, with financial institutions reporting an impressive 83% growth in profit after tax for the calendar year 2023, thanks to the record high interest rates prevailing in the country.
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FPCCI Urges Energy Price Rationalization for Industries
Karachi, February 25, 2024 – The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has voiced its concern over the escalating energy prices for industries, urging the government to implement immediate rationalization measures.
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USC May Launch Ramadan Relief Package on March 4
The Utility Stores Corporation (USC) in Pakistan is gearing up to implement a significant relief package likely from March 4, 2024 for the holy month of Ramadan, aimed at providing much-needed relief to the lower-income segment of the country.
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Consequences of Not Filing Income Tax Returns in Pakistan
In Pakistan, the failure to file an income tax return for a specific tax year triggers a series of actions by the Federal Board of Revenue (FBR).
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Gold Prices Surge in Pakistan to Rs 215,100 on Global Uptick
Karachi, February 24, 2024 – Gold prices in Pakistan experienced a notable increase, reaching Rs 215,100 per tola on Saturday. The surge in prices has been attributed to a global uptick in the precious metal’s value.
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FBR Seeks New Ideas to Boost Revenue from Undertaxed Sectors
Karachi, February 24, 2024 – In a bid to enhance revenue collection and address the issue of undertaxed sectors, the Federal Board of Revenue (FBR) has urged the offices of Inland Revenue (IR) to contribute new and innovative ideas.
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