News Updates

Day: May 8, 2024

SECP Organizes Workshop on Capital Markets Surveillance

The Securities and Exchange Commission of Pakistan’s (SECP)Centralized Gateway Portal (CGP), for retail investors, has simplified the process for opening accounts with multiple financial intermediaries i.e., brokers, asset management companies, and insurance companies. The Securities and Exchange Commission of Pakistan (SECP) held a of workshop for Council Energy and Economic

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Delegation of PFUJ, PUJ visits Jinnah House

People belonging to different walks of life are visiting Jinnah House in Lahore on the eve of first anniversary of May 9 tragedy. A delegation of Pakistan Federal Union of Journalists (PFUJ) and Punjab Union of Journalists who visited Jinnah house condemned the desecration of the memorials of the martyrs

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PM Seeks Report on Electricity Issues with AJK Govt

Prime Minister Shehbaz Sharif has sought a report regarding electricity issues with Azad Jammu and Kashmir (AJK) government. According to sources, talks with the AJK government over future tariff determination of Neelum-Jhelum Hydropower Plant. The talks are being held to finalize the new tariff after which an agreement would be

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Attock Refinery Resumes Production At Main Distillation Plant

Attock Refinery Limited (PSX: ATRL) has resumed production at its main crude distillation unit with immediate effect, the company informed the main bourse on Wednesday. Recently some improvement has been observed in the uplifting of High Speed Diesel (HSD). Accordingly, ARL has restarted its main unit, however, the situation is

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Sindh, KP agree to promote tourism

Sindh and Khyber Pakhtunkhwa provinces have agreed to work together to promote tourism between both provinces. The agreement to this effect was reached during Governor Khyber Pakhtunkhwa Faisal Karim Kundi’s visit to the department of culture and tourism in Karachi today. Faisal Karim Kundi said on the occasion that better

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IMF Wants Pakistan to Increase Tax Burden on Salaried Class

The International Monetary Fund (IMF) wants Pakistan to rationalize tax rates for individuals by removing the salaried/non-salaried distinction and reducing the number of rate slabs to no more than four. The IMF has urged Pakistan to unify taxation by reducing the highest taxable income limit for salaried workers, setting a

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