News
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Apple Loses €13bn Irish Tax Battle in Landmark EU Court Ruling
In a decision that could reshape corporate tax practices across Europe, tech giant Apple Inc. has lost its appeal against…
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Pakistan’s Startup Funding Plummets 92% to Just $3 Million in First Half of 2024
In a concerning trend, Pakistani startups managed to secure only $3 million in funding during the first six months of…
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Finance Act, 2024: Amendments to Finance Bill Now Ratified
The Federal Government presented Finance Bill, 2024 (‘FB’) in the National Assembly on June 12, 2024. After debate in the…
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FBR Proposes Advance Tax on Realization of Foreign Exchange Proceeds
Islamabad: The Federal Board of Revenue (FBR) has proposed a new tax aimed at Pakistan’s exporters, a move most likely…
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Telenor Acquisition: PTCL Obtains $400m Debt Financing from IFC
KARACHI: The International Finance Corporation’s (IFC) Board of Directors has approved PTCL’s debt financing of up to $400 million for…
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Number of people filing income tax returns surpasses 4 million
ISLAMABAD: According to the Active Taxpayers List (ATL), the latest updated figure for those who have filed income tax returns is…
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ISSB issues inaugural global disclosure standards for sustainability
The International Sustainability Standards Board (ISSB) has issued its first two standards, IFRS S1 and IFRS S2, heralding in a…
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SECP and ICAP conduct webinar to raise awareness and build capability
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) organized an awareness and capacity building webinar on Sustainability Disclosures and…
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Rs4.09 Trillion Federal Budget for 2015-16 Unveiled
ISLAMABAD (June 06, 2015) – The federal budget for the year 2015-16, with a total outlay of Rs4.089 trillion, was…
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Economic Survey 2014-15: Features and Highlights
ISLAMABAD (June 05, 2015) – The finance ministry of Government of Pakistan yesterday published the annual Economic Survey of Pakistan…
