The Securities and Exchange Commission of Pakistan (SECP), in its pursuit of end-to-end digitization of regulatory processes, has achieved another milestone with the launch of an online facility for the issuance of digitally certified true copies of statutory returns and mortgage register. The new initiative is in line with the government’s vision of a ‘Digital …
In order to facilitate the industries, the State Bank of Pakistan (SBP) has waived off the cash margin restriction on the import of certain items. The SBP has decided to waive the condition of the 100 percent cash margin requirement on the imports of around 11 items while keeping in view the representations of the …
SBP Waives Off Cash Margin Restrictions on 11 Import Items Read More »
Pakistan Software Export Board (PSEB) and the Ministry of Information Technology and Telecommunications (MOIT&T) have released a comprehensive report on the IT industry of Pakistan. The report not only highlights the strategic and operationally advantageous areas in Pakistan’s IT industry but also lays out the details that may benefit prospective investors in evaluating the scope …
Here’s Why Pakistan’s IT Industry is an Attractive Investment Destination Read More »
The Government of Pakistan has permitted the commercial sales of Covid-19 vaccines and the first batch of Sputnik V is expected to arrive in March, said International Monetary Fund (IMF). The International Monetary Fund (IMF) in its updated report ‘Policy Actions Taken by Countries’, reviewed the various steps that Pakistan has taken to deal with …
Pakistan Allows Commercial Sales of COVID-19 Vaccine Read More »
The government is planning to abolish withholding taxes on education in the next fiscal year’s budget, reported a national daily. The removal of taxes is said to be done to lighten the load on the public. The government has been planning to remove unnecessary and meaningless withholding taxes for several months. Event fees are also likely …
The Government of Pakistan is set to allow the import of cotton from Afghanistan and the Central Asian states via the Torkham land route to overcome the 34.18 percent fall in the production of local cotton. Pakistan’s cotton harvest has dwindled significantly as farmers continue to switch to other lucrative crops. According to the statistics …
Govt to Allow Cotton Import By Land as Local Production Falls Read More »
The Chairman SECP, Aamir Khan, said that the apex regulator has been continuously striving to create an efficient and transparent business ecosystem in Pakistan by ensuring that its policies and decisions conform to the values of objectivity, integrity, and equitability. He stated this as the guest of honor at the closing ceremony of the CFA …
SECP’s Policies Conform to Values of Objectivity, Integrity and Equitability: Aamir Khan Read More »
Prime Minister Imran Khan was informed that construction sector projects in Punjab would fetch Rs. 353.43 billion in investment, generate economic activities worth Rs. 1,767.15 billion and create 315,678 job opportunities. The Prime Minister was given a detailed briefing about Housing, Construction, and Development in Punjab and Khyber Pakhtunkhwa by the Chief Sectaries of both …
Construction Projects in Punjab to Generate Rs 1,767.15 Billion in Economic Activities Read More »