Islamabad: The Federal Board of Revenue (FBR) has taken a significant step toward increasing tax compliance among Pakistan’s wealthiest individuals by acquiring data on 195,000 high-income non-filers from the National Database and Registration Authorit…
Karachi: A key agreement has been reached between Sindh Chief Minister Syed Murad Ali Shah and Federal Minister for Communication Aleem Khan to reroute the M6 Motorway, extending it directly from Karachi to Sukkur instead of the previously planned Hyde…
Karachi: The first quarter of fiscal year 2025 is expected to bring mixed financial results for three major players in the cement industry. Cherat Cement Company Ltd (CHCC) and Lucky Cement Limited (LUCK) are anticipated to experience a drop in earning…
Karachi: The KSE-100 index closed sharply higher in a bullish trading session, registering a significant gain of 1,751 points to settle at 88,946. Trading volumes also increased, with 758 million shares changing hands, up from 699 million in the previo…
Karachi: VIS Credit Rating Company Limited (VIS) has reaffirmed the entity ratings of Indus Dyeing and Manufacturing Company Limited (IDMC) at ‘A+/A-1’ (Single A Plus/A-One). The medium to long term rating of ‘A+’ signifies good credit quality with ade…
Karachi: VIS Credit Rating Company Limited (VIS) has reaffirmed the entity ratings of Indus Lyallpur Limited (ILL) at ‘A-/A-2’ for medium to long-term and short-term obligations respectively, citing a stable financial outlook despite challenging condit…