Economy

Tax Lawyers Under Stress After FBR’s New Tajir Dost Scheme

The lawyers’ community is irritated that the Federal Board of Revenue’s (FBR) Tajir Dost Scheme ‘Announcement’ for traders to file returns without lawyers’ help and assistance.

The Pakistan Tax Bar Association (PTBA) has approached Finance Minister …

Economy

OGDC Discovers Tight Gas in An Exploratory Well in Sindh

Oil AND Gas Development Company Limited (PSX: OGDC) has discovered gas at its exploratory Well Nur West 01, located in district Sujawal, Sindh, the company informed the main bourse on Monday.

OGDC is the operator (100 percent) of Nur Development AND…

Economy

Fauji Foundation Appoints Retired Army Officer As Chairman After Civilian

Fauji Foundation has appointed retired lieutenant general Anwar Ali Hyder as the new Director and Chairman after four years of first civilian CEO Waqar Ahmed Malik.

‘We have to inform you that Mr. Waqar Ahmed Malik, Director/Chairman has ceased to b…

Economy

IFC Approves $400 Million Loan For PTCL to Buy Telenor Pakistan

The World Bank’s International Finance Corporation (IFC) has approved a $400 million loan for Pakistan Telecommunication Company Limited (PTCL) to help finance the acquisition of Telenor Pakistan.

‘It is to inform that the Board of Directors of Inte…