In a momentous development, EduFi Financial Services Private Limited, a pioneering education lending FinTech company, has been granted its Non-Banking Financial Company (NBFC) license by the Securities and Exchange Commission of Pakistan (SECP).

Thi…

After suspension of a top Federal Board of Revenue (FBR) official for not pursing cases in high courts, the Securities and Exchange Commission of Pakistan (SECP) has immediately appointed new Special Public Prosecutors to defend cases before courts/t…

The Pakistan Stock Exchange (PSX) rose to a new all-time high on Wednesday, surpassing its previous high of 71,500 seen on Tuesday.

After opening trade at 71,359 points, the benchmark KSE-100 index went up by 1.48 percent or 1,055 points at 10:35 AM…

Pakistan and Iran have agreed to expeditiously finalize the Free Trade Agreement (FTA), a joint statement said on Wednesday as Iranian President Dr. Seyed Ebrahim Raisi concluded his three-day official visit to Pakistan.

According to the joint state…

The Directorate of Customs Intelligence, Karachi has detected a fraudulent import of artificial leather worth Rs. 220 million.

According to information obtained by ProPakistani, the Directorate of Customs Intelligence, Karachi through Director Gener…

The Federal Board of Revenue (FBR) will disallow input tax adjustment of 1,680 Tier-1 retailers in case they fail to integrate with the FBR’s computerized system for real-time reporting of sales till May 31, 2024.

A Sales Tax General Order No. 01 of…

Islamabad Electric Supply Company (IESCO) is facing disruption in its online bill payment system, hence payments through banking apps or 1link are not working at the moment. This has resulted in people forming long queues outside of IESCO offices eve…

Lucky Core Industries Limited announced its 9MFY24 financial result today where the company posted a profit after tax (PAT) of Rs. 7.9 billion, down 64 percent YoY compared to PAT of Rs. 21.9 billion during SPLY.

On a quarterly basis, the profitabil…

The National Electric Power Regulatory Authority (NEPRA) has given decision on the utility’s Transmission and Distribution Investment Plan till FY2030 which will catalyze the company’s efforts to reduce losses in transmission and distribution, drive …

Aamir Khan, Commissioner Insurance at SECP stated that the adoption of international reporting standards for modernizing Pakistan’s insurance industry is a critical priority for SECP as a regulator of the insurance sector.

He was delivering the keyn…