FBR Announces Temporary IRIS System Shutdown from August 8 to August 10
The Federal Board of Revenue (FBR) has announced a temporary shutdown of its IRIS platform and allied online services due…
Tag: Business News
Power Sector Reforms Reduce Pakistan’s Circular Debt by Rs. 779 Billion
Pakistan’s Power Ministry has highlighted significant progress in reducing the country’s circular debt, stating that ongoing energy sector reforms have…
Business Community Criticizes SBP for Keeping Interest Rate at 11.5%
Pakistan’s business community has expressed strong disappointment after the State Bank of Pakistan (SBP) decided to keep the policy interest…
JS Bank Complaint Leads to FIR Against Four Southland Flour Mill Partners Over Alleged Rs. 100 Million Loan Default
A criminal case has been registered against four partners of M/s Southland Flour Mill after JS Bank Limited accused them…
Gold Prices Near Rs. 4.4 Lakh Per Tola Again as Pakistan Sees Fourth Consecutive Increase
Gold prices in Pakistan continued their upward trend on Wednesday, rising for the fourth consecutive day amid another increase in…
Soya Supreme Cooking Oil Maker Plans Rs. 2.6 Billion PSX IPO to Expand Operations
Agro Processors & Atmospheric Gases Limited, the company behind Pakistan’s well-known Soya Supreme cooking oil brand, is preparing to enter…
Global Oil Prices Jump 6% After Trump Declares Iran Ceasefire Over
Global oil prices climbed sharply on Wednesday after renewed tensions between the United States and Iran reignited concerns over energy…
HBL to chair SCO Interbank Consortium for 2026-27, boosting regional financial cooperation
HBL has been nominated to serve as the Chair of the Council of the Shanghai Cooperation Organization Interbank Consortium (SCO…
Government Plans Faster Petrol Price Relief as New Weekly Pricing Mechanism Under Review
The federal government is preparing to introduce a new pricing mechanism for petroleum products that could allow consumers to benefit…
APTMA Urges FBR to Revise Sales Tax Penalty Proposals in Finance Bill 2026
Pakistan’s textile sector has raised concerns over proposed amendments to sales tax penalties included in the Finance Bill 2026, warning…
Pakistan’s Economy Gains Momentum as Finance Minister Projects Stronger Growth and Lower Inflation
Pakistan’s economy has entered a phase of recovery and stabilization, according to Finance Minister Muhammad Aurangzeb, who expressed confidence that…
Pakistan Railways Expands Privatization Plan, Puts 15 Passenger Trains Up for Auction
Pakistan Railways has taken another step toward expanding private sector participation in the country’s rail network by increasing the number…
SECP Eases IPO Rules to Enable More Established Businesses to List on PSX
The Securities and Exchange Commission of Pakistan (SECP) has introduced significant reforms aimed at making it easier for established businesses…
Hascol Approves Major Debt Restructuring Plan to Support Business Revival
Hascol Petroleum Limited has approved a major debt restructuring plan aimed at supporting the company’s financial recovery and long-term business…
Textile Sector Urges Government for Tax, Energy and Financial Relief in Budget 2026-27
Pakistan’s textile and apparel industry has presented a detailed set of recommendations for the Federal Budget 2026-27, urging the government…
