Pakistan, May 29, 2024: Hutchison Ports Pakistan welcomes the maiden call of the CV MSC ANNA, the largest container vessel ever to berth in Pakistan. This milestone underscores the terminal’s advanced capabilities and strategic significance in the region. MSC ANNA, one of the largest vessels with an overall length of 400 meters, exemplifies the scale…
KARACHI, January 2,2109: National Industrial Park (NIP) has failed miserably to deliver on its commitment to provide Bin Qasim Industrial Park (BQIP) necessary utilities and infrastructure putting five companies’ combined investment of PKR 35 billion in jeopardy. According to sources, Tecno Auto Glass Ltd, Hi-Tech Alloy Wheels Ltd, Horizon Steel (Pvt) Ltd, KIA Lucky Motors…
Islamabad May 4, 2019: Administrator General Zakat, Ministry of Religious Affairs & Interfaith Harmony, announced the “Nisab for Zakat” for the Islamic year 1439-40 AH as Rs. 44,415 (Rupees forty-four thousand four hundred fifteen only). The Nisab was fixed at Rs39,198 in the previous year. No deduction of Zakat at source shall be made in…
Karachi, September 28, 2020: Last week’s rollover session had its trickle down impact on today’s trading session as well, primarily due to low settlement ratios. On top of it, political uncertainty caused by arrest of Opposition leader also caused ripples that resulted in index losing 1056 points during the session. The index closed -900 points….
Karachi, February 16, 2021: Based on feedback from the diaspora and recommendations from SBP, the Federal Government has introduced several amendments in the Income Tax Ordinance 2001 through Tax Laws (amendment) Ordinance 2021 to make the taxation regime simple, convenient and hassle-free for Non Resident Pakistanis (NRPs) maintaining Roshan Digital Accounts (RDAs). The amendments simplify…
