Economy

Here’s How To Pay Your IESCO Bill Online Starting April 2024

Islamabad Electric Supply Company (IESCO) is facing disruption in its online bill payment system, hence payments through banking apps or 1link are not working at the moment. This has resulted in people forming long queues outside of IESCO offices eve…

Economy

FBR to Disallow Input Tax Adjustment to 1,680 Unregistered Retailers

The Federal Board of Revenue (FBR) will disallow input tax adjustment of 1,680 Tier-1 retailers in case they fail to integrate with the FBR’s computerized system for real-time reporting of sales till May 31, 2024.

A Sales Tax General Order No. 01 of…

Economy

Customs Intelligence Detects Fraudulent Import of Artificial Leather Worth Rs. 220 Million

The Directorate of Customs Intelligence, Karachi has detected a fraudulent import of artificial leather worth Rs. 220 million.

According to information obtained by ProPakistani, the Directorate of Customs Intelligence, Karachi through Director Gener…

Economy

Pakistan, Iran Agree to Expeditiously Finalize Free Trade Agreement

Pakistan and Iran have agreed to expeditiously finalize the Free Trade Agreement (FTA), a joint statement said on Wednesday as Iranian President Dr. Seyed Ebrahim Raisi concluded his three-day official visit to Pakistan.

According to the joint state…

Economy

PSX Breaks All Records to Close Above 72,000 As Momentum Continues

The Pakistan Stock Exchange (PSX) rose to a new all-time high on Wednesday, surpassing its previous high of 71,500 seen on Tuesday.

After opening trade at 71,359 points, the benchmark KSE-100 index went up by 1.48 percent or 1,055 points at 10:35 AM…

Economy

SECP Appoints New Special Public Prosecutors

After suspension of a top Federal Board of Revenue (FBR) official for not pursing cases in high courts, the Securities and Exchange Commission of Pakistan (SECP) has immediately appointed new Special Public Prosecutors to defend cases before courts/t…