The Federal Board of Revenue has asked field formations to take action against those involved in a Rs. 314.8 billion sales tax dummy companies fraud.Sources said the Regional Tax Office-I Karachi in its communication with regard to lodging of FIR agai…
The Competition Commission of Pakistan (CCP) has granted approval to the acquisition of Coca-Cola (Pakistan) under phase-1 review of the Competition Act, 2010, and the Competition (Merger Control) Regulations, 2016.Coca-Cola Içecek (Turkey) acquired a …
Pakistan has the potential to attract remittances of up to $50 billion this year after the government’s measures to streamline the mechanism to curb illegal hawala/hundi channels.This was stated by Faisal Niaz Tirmizi, Ambassador of Pakistan to the UAE…
Pak Suzuki has officially removed Suzuki Daska Motors from the list of its authorized dealerships across the country, effective from October 10, 2023.In a statement, the auto manufacturing giant stated that Suzuki Daska Motors can no longer book vehic…
Pakistan Hotels Developers Limited (PSX: PHDL) has received a Rs. 14.5 billion acquisition offer from the Sindh Institute of Urology and Transplantation (SIUT) for Regent Plaza in Karachi.“This is for the information that the company has received an o…
Atlas Honda has announced an exciting offer for bike enthusiasts who are eager to get their hands on the newly launched Honda CG125s Gold. The bike is available for an eye-watering price of Rs. 292,900, but that’s par for the course considering the hig…
Symmetry Group Limited (PSX: SYM) has entered into an agreement with Hummingbird International LLC USA to provide Transformation Services, the company informed the Pakistan Stock Exchange on Monday.“This contract is expected to generate a minimum of Rs…
The Pakistani rupee rose higher against the US Dollar to extend its win streak to 23 days today after opening trade at 283 in the interbank market.At 11:30 PM, it was bullish, rising as high as 278 after gaining ~Rs. 4 against the greenback.Later, the …
The Ministry of Industries and Production has proposed importing 500,000 metric tons of urea fertilizer for the upcoming Rabi Season amid growing concerns of shortage.Well-informed sources told ProPakistan that an initial import of 200,000 metric tons …
Pakistan’s gross public debt has increased faster than its gross domestic product (GDP) in the last 20 years.According to Arif Habib Limited, as of fiscal year 2022-23 (FY23), Pakistan’s gross public debt stands at Rs. 62.9 trillion (74.3 percent of G…
Karachi: Relevant government agencies are continuing their actions against smuggling. A total of 7.8 metric
Baku: Pakistan and Azerbaijan have reaffirmed their dedication to enhancing their strategic partnership across several
Islamabad: Pakistan Telecommunication Authority (PTA) has blocked websites that spread profane and obscene content. It
BUDAPEST: Interior Minister Mohsin Naqvi has called for global cooperation to tackle the complex issue
Islamabad: An earthquake measuring five point three on the Richter scale jolted Islamabad, Peshawar, Swabi,
Copyright © 2024 Pakistan Press Release Point. All rights reserved.
Copyright © 2024 Pakistan Press Release Point. All rights reserved.
