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BUSINESS
FBR sets tone for big total : collects Rs 5.150 trillion by mid February
Islamabad : February 20: The Federal Board of Revenue (FBR) has collected revenue of Rs.5,150 trillion since July 2023 to mid February 2024 against Rs.3,973 trillion over the same period last FY – almost 30% tax revenue growth.
The…
2,651 new companies incorporated in January: SECP
ISLAMABAD, February 19: The Securities and Exchange Commission of Pakistan (SECP) registered 2,651 new companies in January 2024, showing an increase of 10% compared to the corresponding period last year. The total number of registered…
OGDCL announces major gas , condensate discovery at Kharo Well-1 in Khairpur Sindh
ISLAMABAD, February 19, 2024: The Oil and Gas Development Company Limited (OGDCL) has announced a significant breakthrough in its exploration efforts with the discovery of gas and condensate at the Kharo-1, a well drilled in the Khewari…
Big 6 Public Auto Dealers See Q4 Drop in New-Vehicle Profits
The fourth quarter (Q4) of the year can be an important time for companies in a variety of industries, which includes the auto industry. Recent reports show a dramatic decrease in the gross profit of new vehicles for the well-known "Big 6"…
USC Ramzan package of worth Rs 7.49 billion to start from March 4
Islamabad : Feb 16: The Utility Store Corporation (USC) is going to offer biggest ever Ramzan package of worth Rs 7.49 billion this year . USC had provided Rs 5 billion Ramzan package last year .
The Economic Coordination Committee of…
Sazgar Engineering introduces the ORA 03 electric car in Pakistan
Sazgar Engineering: An Introduction
Sazgar Engineering is a well-known name in Pakistan's automobile industry. They recently launched the ORA 03, an electric vehicle that marks a major milestone for the auto landscape of the country.…
ECC increases gas prices up to Rs 900 per BTU
Islamabad: February 14 : 2024 : The Economic Coordination Committee (ECC) of the federal cabinet has approved massive increase in gas prices from February 1,2024 .
The formula which was approved by ECC in its meeting held here on…
ECC allows wheat import, export of flour
Islamabad: February 13, 2024 :
The Federal Minister for Finance, Revenue, and Economic Affairs, Dr. Shamshad Akhtar presided over a meeting of the Economic Coordination Committee (ECC) of the Cabinet on Tuesday.
The meeting was attended…
SECP all set to launch “eZfile”, a new corporate registry
ISLAMABAD, February 12: The Securities and Exchange Commission of Pakistan (SECP) is all set to launch a new corporate registry, "eZfile," a more sophisticated, advanced, and user-friendly online portal for company registration and…
ECC allocates Rs 10 billion to upgrade intelligence system to counter cyber threats
Islamabad: Feb 7, 2024: The Federal Minister for Finance, Revenue, and Economic Affairs, Dr. Shamshad Akhtar presided over a meeting of the Economic Coordination Committee (ECC) of the Cabinet on Wednesday.
The meeting was attended by…
