Islamabad, The Federal Board of Revenue (FBR) has announced extended office hours nationwide from June 28 to June 30 to meet its annual tax target for the fiscal year 2023-24. This adjustment is part of a broader effort to ensure the timely collection …
Day: June 30, 2024
CDWP Approves Development Projects Totaling PKR 33 Billion, Recommends Further Investments
Islamabad, The Central Development Working Party (CDWP) has given the green light to 17 development projects with a total investment of PKR 33 billion and forwarded recommendations for nine additional projects, amounting to PKR 867 billion, to the Exec…
Finance Act 2024 Ratified: Tax Adjustments and Sectoral Impacts Detailed
Islamabad, The recently passed Finance Act 2024 introduces targeted tax adjustments and sector-specific fiscal measures, following Parliament’s approval and subsequent presidential endorsement. The legislation aims to foster equitable economic growth a…
VIS Credit Rating Company Affirms Al Baraka Bank (Pakistan) Limited’s Ratings with Positive Outlook
Lahore, VIS Credit Rating Company Limited has maintained the entity ratings of Al Baraka Bank (Pakistan) Limited at ‘A+/A-1’. The long-term and short-term ratings reflect a solid credit quality with good protection factors and a high certainty of timel…