By Muhammad Abdullah The government has come up with a strict decision to impose heavy taxes on the real estate to discourage the prevalent trend of investment on immovable property. The proposal to introduce high tax rate not only generate revenues for the national kitty from the pockets of rich and wealthy people but this…
By Muhammad Yasir Startups and incubator centers in Pakistan are likely to receive funds from private equity funds and companies of more than Rs 5 billion with the Security Exchange Commission of Pakistan (SECP). As per SECP, two private equity funds and two private equity companies were registered with the commission this year with total…
Karachi, December 30, 2019: Special Assistant to the Prime Minister on Accountability Mirza Shahzad Akbar Sunday said the Opposition was criticizing the recently promulgated National Accountability (Second Amendment) Ordinance, 2019 without reading it. Brushing aside the Opposition’s impression that the promulgation of the Ordinance has stopped the accountability process, Shahzad Akbar, flanked by Minister for…
Karachi , February 21, 2024: Security Paper Limited (PSX: SEPL) released its financial statement for the first six months of the fiscal year ending December 31, 2023, announcing a profit of Rs 746 million (EPS Rs 12.59) showing a significant increase of 122% compared to the profit of Rs 336 million (EPS Rs 5.67) reported…
In a significant move towards empowering employees financially, ABHI, an embedded finance platform, has partnered with Unilever Pakistan, a global FMCG company with a presence in 190 countries, to offer AbhiSalary – an Earned Wage Access (EWA) solution. This collaboration aims to empower Unilever Pakistan’s workforce by providing them with immediate access to a portion…
