Finance Minister Warns of IMF Dependency if Taxes Are Not Increased
Federal Finance Minister Muhammad Aurangzeb has cautioned that Pakistan will remain reliant on the International Monetary Fund (IMF) unless tax revenues are increased.In an...
Fire Erupts on Fourth Floor of PSX in Karachi
A fire broke out on the fourth floor of the Pakistan Stock Exchange (PSX) building in Karachi on Monday, temporarily suspending trading operations.In an...
SRB Imposes Additional Taxes on Netflix Users in Pakistan
The Sindh Revenue Board (SRB) has introduced additional taxes on Netflix, affecting users who pay for the video-on-demand streaming service in Pakistan. Banks will...
Sadapay Lays Off 30% of Workforce Following Papara Acquisition
Pakistan-based Electronic Money Institution (EMI) SadaPay has laid off approximately 30% of its workforce, equating to around 80 employees, just over a month after...
Saudi Group Essaad Acquires 77% Stake in Shell Pakistan Limited
Saudi group Essaad Holding has acquired a 77.42% shareholding and control of Shell Pakistan Limited through UAE-based WAFI Energy Holding Limited.Shell Pakistan Limited, listed...
