The State Bank of Pakistan has granted approval to Bank Alfalah Limited (PSX: BAFL) to commence due diligence of Samba Bank Limited, the bank informed the main bourse on Monday. ‘We are pleased to inform you that the State Bank of Pakistan has granted its approval to BAFL to commence
Ambassador of Sweden to Pakistan Henrik Persson called on Minister of State for IT and Telecommunication Shaza Fatima Khawaja on Monday. Views were exchanged on matters of mutual interest and boosting cooperation in the field of IT and telecommunication between the two countries. While talking to the Swedish Ambassador, the
Energy Minister Awais Leghari said the federal government had no plans to end solar net-metering next fiscal year. Addressing reporters at LESCO headquarters, Leghari denied recent reports of quashing solar net-metering, arguing that the scheme still remains a priority for the government. Last week it was reported that the government
aiSight, a startup that uses AI to analyze data to provide market share insights to the Consumer-Packaged Goods (CPG) industry, has joined the NielsenIQ Partner Network. This will allow aiSight access to NielsenIQ’s retail retail sales data globally, to be provided to mutual clients. As part of the partnership, the
The government has decided to increase reliance on withholding taxes in the coming budget (2024-25) to take additional taxation measures of Rs. 1.2 trillion to Rs. 1.3 trillion from 2024-25. Sources told ProPakistani that the government would increase rates of withholding taxes on financial transactions of non-filers and increased tax
A leading telecom company has conveyed to the Federal Board of Revenue (FBR) that the telecom operator has blocked 3,064 SIMS of non-filers under protest with apprehension of litigation with the tax department. According to the communication of the operator to the FBR, ‘since FBR is enforcing the implementation of
The Competition Commission of Pakistan (CCP) is conducting extensive analysis, collecting detailed data, market participant responses through comprehensive questionnaires, and comments from the Pakistan Telecommunication Authority (PTA) on the propos…
Only those overseas Pakistanis are entitled to import vehicles under Personal Baggage, Transfer of Residence, or Gift schemes who have not imported, gifted, or received a vehicle during the last two years in terms of Import Policy Order, 2022.
In th…