The Federal Board of Revenue’s (FBR) Intelligence and Investigation Inland Revenue has detected a big Cement company’s supplier involved in fake and flying invoices worth millions of rupees.

According to a statement issued by FBR the Directorate of …

The Pakistani rupee (PKR) fell second day in a row against the US Dollar today after opening trade at 278 in the interbank market.

It was bearish all day and closed in red against the greenback. However, it managed to recover against a few major cur…

Pakistan Telecommunication Company Limited (PTCL) and Mashreq Pakistan, a part of Mashreq which is the leading financial institution in the MENA region, have signed an agreement for the provisioning of primary data center colocation services at PTCL’…

Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to devise a comprehensive standing operating procedure (SOP) regarding lab tests of the auctioned vehicles by the successful bidders.

In this regard, the FTO has issued inst…

Overseas Investors Chamber of Commerce and Industry (OICCI), and Shell Pakistan Limited are jointly hosting the Pakistan Energy Symposium. This dynamic event, curated by Nutshell Group, will take place on May 22, 2024, at a local hotel in Islamabad a…

The country imported mobile phones worth $1.462 billion during the first ten months (July-April) of the current fiscal year 2023-24, registering a growth of 209.07 percent when compared to $473.287 million during the same period of last fiscal year.
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In a significant step towards enhancing Pakistan’s refining capabilities, senior management from Pakistan Refinery Limited (PRL) recently visited China to engage with Engineering, Procurement, and Construction (EPC) contractors and financial institut…

The Oil and Gas Regulatory Authority (OGRA) has announced the estimated revenue requirements and new gas prices for both Sui companies during fiscal year 2024-25.

Official documents seen by ProPakistani reveal that OGRA has proposed an average gas p…

The inquiry committee has identified those responsible for the controversial import of substandard wheat since last year’s regime of the caretakers led by ex-Prime Minister Anwaarulhaq Kakar, high-level sources informed ProPakistani.

In a decisive m…

The retail price of cement has been increased up to Rs. 30 per bag in Pakistan. According to JS Global, cement players in the Northern region have increased prices by up to Rs. 20-30/bag of late to reinstate earlier price levels.

Prices now range be…