General

SHC Allows JS Bank to Proceed with Acquisition of BIPL

The Divisional Bench of the Sindh High Court (SHC) has directed JS Bank Limited (PSX: JSBL) to argue afresh the application under which the interim injunction was granted regarding the acquisition of BankIslami Pakistan Limited (BIPL), the bank informe…

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Wholesome Punjabi Interview of Salman Agha and Ish Sodhi Goes Viral

Pakistani batter, Salman Ali Agha, and Kiwi spinner, Ish Sodhi, had a friendly chat in Punjabi, sharing their views about the recent series, their cricketing journeys, and cultural connections.After the conclusion of New Zealand’s white-ball tour to P…

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ECC Approves Fixation of Maximum Retail Prices of Four New Cardiac Stents

The Economic Coordination Committee (ECC) of the Cabinet Monday approved maximum retail prices of four new cardiac stents ranging from Rs. 53,130 to Rs. 72,450.Federal Minister for Finance and Revenue Senator Ishaq Dar chaired the meeting of the ECC. …

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Govt Approves Rs. 8.4 Billion Grant to Meet Shortfall at Pakistan Missions Abroad

The Economic Coordination Committee (ECC) of the Cabinet has approved Rs. 8.4 billion technical supplementary grant (TSG) in favor of the Ministry of Foreign Affairs to meet the shortfall at Pakistan Missions Abroad.Finance Minister Ishaq Dar chaired …

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ECC Approves Rs. 13.2 Billion Technical Supplementary Grant in Favor of PMRC

The Economic Coordination of Cabinet has approved Rs. 13.2 billion technical supplementary grant (TSG) in favor of Pakistan Mortgage Refinance Company Limited (PMRC) to provide medium and long-term funding to primary mortgage lenders by raising funds …

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Problems in FBR’s FASTER Refund System Cost Taxpayers Billions: FTO

The systemic problems in the FASTER refund system of the Federal Board of Revenue (FBR) have deprived exporters from genuine sales tax refunds to the tune of billions.This is the crux of the detailed order issued by the FTO against the FBR regarding t…