Govt to introduce three slabs of rates on filers/non-filers
Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb while presenting the federal budget 2024-25, said currently six percent tax is imposed on non-filers and three percent on filers for buying immovable properties.
Mehfooz
SNGPL, SSGCL expand gas transmission network: Survey
Sui Northern Gas Pipelines Limited (SNGPL) and Sui Southern Gas Company Limited (SSGCL) laid 156 km of gas transmission network, 3,614 km of mains, and 76 km of service lines, connecting 56 villages and towns to the gas network during July-March Financial Year 2023-24.
PSX Holds Gong Ceremony on Listing of Fast Cables Ltd.
Pakistan Stock Exchange (PSX) held a gong ceremony to celebrate the listing of Fast Cables Limited (FCL). Fast Cables is a manufacturing company producing electrical cables and conductors in Pakistan. Fast Cables’ is the fifth listing via an IPO on Pakistan Stock Exchange in the fiscal year 2023-24.
Prince Rahim Aga Khan inaugurates HBL MfB’s RHQ Gilgit-Baltistan
Prince Rahim Aga Khan, Chair of the Executive Committee of the Aga Khan Fund for Economic Development (AKFED), has inaugurated new Regional Headquarters of the HBL Microfinance Bank (HBL MfB) for Gilgit Baltistan.
LONGi Green Energy to setup solar manufacturing plant in Pakistan
Minister for Power Division Sardar Awais Ahmed Khan Leghari invited the LONGi Green Energy Technology Co. Ltd. to set up solar PV manufacturing plant in Pakistan.
Industrialists demand to end killings, street crimes in Karachi
Industrialists demanded the security, law and order authorities to arrest the killers behind the assassination of industrialists and students within 72 hours, otherwise, they will initiate a movement of protest, sit, and strike until the peace is not restored in the city.
PSX Presents Federal Budget 2024-25 Proposals for Economic Growth and Employment Generation in Pakistan
Pakistan Stock Exchange (PSX) has submitted a series of important tax proposals to the Ministry of Finance (MoF) and the Federal Board of Revenue (FBR) for consideration in the federal budget for the fiscal year 2024-25. The measures recommended are revenue positive and will encourage resource allocation towards productive and documented sectors of the economy. This is important for economic growth and employment generation in Pakistan.
Telenor commitment to greener, sustainable future on World Environment Day
This year’s theme, ‘Land Restoration,’ deeply resonates with Telenor Pakistan’s mission to minimize environmental impact and champion sustainable practices.
Women, shaping tomorrow’s policy for non-Banking microfinance sector
The Securities and Exchange Commission of Pakistan (SECP), in collaboration with Asian Development Bank (ADB) held a workshop on “Women Equifin: Shaping Tomorrow’s Policy for NBMFCs,” marking a significant milestone in gender equality in the microfinance sector. The workshop launched a draft Women Equality in Finance Policy Framework, based on industry insights and stakeholder feedback.
PSX Lists International Packaging Films Ltd. with a Gong Ceremony
A gong ceremony was held at Pakistan Stock Exchange (PSX) to celebrate the listing of International Packaging Films Limited (IPAK). IPAK is a company pioneering and specialising in manufacturing of the five-layer Biaxially Oriented Polypropylene (BOPP) films used for the purpose of packaging. Specifically, it can be used for food and beverages packaging, garment bags and bagging overwrap, as well as printing pouching and strip packaging among other types of packaging.