Karachi, August 7, 2025 – Bank Alfalah Limited has revealed that it is currently involved in several disputes with both federal and provincial tax authorities.
(more…)Category: Corporate
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MCB Bank sees profit dip, pays Rs33bn tax in H1 2025
Karachi, August 6, 2025 – MCB Bank has paid a record Rs33 billion in income tax during the first half of calendar year 2025 (January to June), surpassing its net profit of Rs29.39 billion for the same period, according to the consolidated financial results submitted to the Pakistan Stock Exchange (PSX).
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Habib Bank pays Rs41 billion in income tax during 1HCY25
Karachi, July 31, 2025 – Habib Bank Limited (HBL) has reported a significant contribution of Rs41 billion in income tax payments during the first half of the calendar year 2025 (January–June), underscoring the bank’s expanding profitability and its vital role in Pakistan’s financial sector.
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Arabsat, Supernet ink satellite reseller agreement
Karachi, July 28, 2025 – Supernet Limited has formally announced a significant reseller agreement with Arabsat (Arab Satellite Communication Organization), aiming to deliver managed satellite services throughout the extensive Arabsat coverage area.
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CCP recovers Rs150 million from Reckitt Benckiser
Islamabad, July 25, 2025 – The Competition Commission of Pakistan (CCP) has successfully recovered a penalty of Rs150 million from Reckitt Benckiser Pakistan Limited for deceptive marketing practices related to its popular throat lozenge, Strepsils.
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Atlas Honda posts record-breaking quarterly profit
Karachi, July 25, 2025 – Atlas Honda, Pakistan’s largest motorcycle manufacturer, has announced its highest-ever quarterly profit after tax for the quarter ended June 30, 2025, reflecting the company’s strong operational performance and growing market demand.
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Honda Cars posts massive three-fold surge in quarterly profit
Karachi, July 24, 2025 – In a strong start to the fiscal year, Honda Cars has reported a dramatic three-fold increase in its net profit for the quarter ended June 30, 2025, highlighting improved operational efficiency and robust sales performance.
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PTCL begins pension adjustment after Supreme Court defeat
Karachi, July 16, 2025 – Pakistan Telecommunication Company Limited (PTCL) has initiated the process of adjusting its financial records following a landmark Supreme Court decision that ruled against the company in a pension-related case filed by its retired employees.
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Fast Cable Secures TAQA Vendor Certification
Karachi, July 15, 2025 – In a major breakthrough for Pakistan’s industrial sector, Fast Cables Limited has been officially certified as an approved vendor by the Abu Dhabi National Energy Company (TAQA), a global leader in the energy and utilities sector.
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Dewan Cement powers ahead with 6MW solar energy installation
Karachi, July 14, 2025 – In a major step towards sustainable industrial practices, Dewan Cement Limited has announced the successful installation of a 6-megawatt solar energy unit at its manufacturing facility located in the southern region of Pakistan.
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