General

FBR Reduces Withholding Tax to 1% on Sales of Third Party Goods Through Online Platforms

The Federal Board of Revenue (FBR) has reduced the rate of withholding tax from 2 to 1 percent on sales of third-party goods of persons not appearing in the active taxpayers’ list (ATL) made through online market platforms.The FBR has issued Circular N…

General

TiE Islamabad, US Embassy Host Grand Finale of Pakistan Startup Cup

The Indus Entrepreneurs (TiE) Islamabad joined forces with the United States Embassy in Islamabad to host the Grand Finale of the 2022 Pakistan Startup Cup at the Islamabad Marriott Hotel.The Pakistan Startup Cup is a local business model competition d…

General

OGRA Conducts Round-Table on Regulatory Reforms from Consumers’ Perspective

The Oil and Gas Regulatory Authority (OGRA) conducted a Round Table on Regulatory Reforms from consumers’ perspective presided by OGRA Chairman Masroor Khan.In the opening remarks, Khan said that OGRA believes in connecting with stakeholders and resolv…

General

Aftab Sultan Appointed as Chairman NAB

The Federal Cabinet approved the appointment of Aftab Sultan, a retired officer of the Police Service of Pakistan, as the Chairman of the National Accountability Bureau (NAB) on Thursday. Aftab Sultan is the former Director-General of the Intelligence …

General

SECP Reconstitutes its Shariah Advisory Committee

The Securities & Exchange Commission of Pakistan (SECP) has reconstituted its Shariah Advisory Committee (SAC) under the SECP Act, 1997.The SAC is mandated to assist SECP in approving Shariah-compliant issues and guidance for the promotion …

General

Maroof Hospital Performs Its First Pediatric Cardiothoracic Surgery

A two-member team of doctors at Maroof Hospital successfully performed its first pediatric cardiothoracic surgery on a six-month-old child with a ventricular septal defect (VSD) in Islamabad.The spokesperson for MIH, Rubina Afzal, revealed that the pro…