Karachi, December 14, 2023 – The Pakistan Telecommunication Company Limited (PTCL) has formally announced its acquisition of 100 percent shares in Telenor Pakistan Limited (TPL).
(more…)Category: Top stories
Top stories featuring the most important and trending news updates from politics, business, world affairs, and breaking events across various sectors.
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Pakistan Stocks Dip by 1,146 Points on Political Concerns
Karachi, December 13, 2023 –Pakistan stocks witnessed a significant downturn on Wednesday, with stocks plunging by 1,146 points, primarily attributed to emerging political concerns during the day.
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Updated Rules for Air Ticket Tax Collection Unveiled by FBR
Karachi, December 13, 2023 – The Federal Board of Revenue (FBR) has issued updated rules for the collection of advance tax on the sale of air tickets during the tax year 2024.
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FBR Extends Electronic Invoicing Condition to FMCGs
Islamabad, December 12, 2023 – The Federal Board of Revenue (FBR) has extended the requirement for electronic sales tax invoicing to the sale of fast moving consumer goods (FMCGs).
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SBP Maintains Policy Rate at 22% for Fourth Consecutive Time
Karachi, December 12, 2023 – The State Bank of Pakistan (SBP) announced on Tuesday that it would maintain the benchmark policy rate at 22 percent for the fourth consecutive time.
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OGDCL Propels Production Revival at Kunnar Pasakhi Field
Karachi, December 12, 2023 – The Oil and Gas Development Company Limited (OGDCL) made a significant announcement on Tuesday, revealing the successful revival of production at the Kunnar Pasakhi Deep (KPD) Field.
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Mandatory Issuance of Tax Certificates for Withholding Agents
Karachi, December 12, 2023 – Issuance of tax collection certificates has been made mandatory for withholding agents during tax year 2024.
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FBR Notifies Amended Rules for Sales Tax Integration
Karachi, December 11, 2023 – Federal Board of Revenue (FBR) on Monday notified amended rules for integration of electronic invoicing and licensing for sales tax registered persons.
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Pakistan Unveils New Visa Regime to Boost Foreign Investment
Islamabad, December 11, 2023 – In a significant move to enhance economic ties and attract foreign investment, Caretaker Prime Minister Anwaar-ul-Haq Kakar announced the launch of a new visa regime for Pakistan on Monday.
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PM Kakar Directs Preparing Plan for Industry Gas Prices
Islamabad, December 11, 2023 – Caretaker Prime Minister Anwaar-ul-Haq Kakar, in a meeting with prominent industrialists and businessmen from Karachi on Monday, directed authorities to formulate a comprehensive action plan addressing the prevailing concerns over gas prices in the industrial sector.
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