The Securities and Exchange Commission of Pakistan (SECP) has made it mandatory for futures brokers to obtain acknowledgment from their stock market customers about the risk disclosure document.
The SECP has issued an S.R.O.1448(I)/2025 to amend Futures Brokers (Licensing and Operations) Regulations 2018
According to the draft amendments, the futures broker...
The Federal Board of Revenue (FBR) will apply 20 percent tax on capital gains on early disposal of debt securities of federal government within specified period of six months.
Through a income tax circular, the FBR has explained that prior to enactment of Finance Act, 2025, the capital gain arising...
The Federal Board of Revenue (FBR) has amended the banking schedule of the Income Tax Ordinance 2001 to align the banking income close to the taxable income from July 1, 2025. The FBR’s budget explanatory circular on Finance Act 2025 stated that the FBR has introduced change in the...
The foreign exchange reserves held by the State Bank of Pakistan (SBP) continued to decline for the third consecutive week, falling by $72 million during the week ended Aug 1. This brings the SBP’s total reserves down to $14.232 billion.
Since July 11, the central bank has lost a cumulative...
Expressing serious concern over approximately Rs250 billion in unwanted costs to consumers due to governance failure, the National Electric Power Regulatory Authority (Nepra) on Thursday notified a reduction in electricity rates by Rs2.67 per unit for August and then Rs1.89 per unit for the subsequent two months — September...
The Pakistan Stock Exchange (PSX) continued its record-setting rally on Thursday, marking its fifth consecutive session of gains. The benchmark KSE-100 Index breached the 146,000-point barrier intraday, buoyed by optimism carried over from previous sessions.
According to Topline Securities Ltd, the bullish momentum was sustained by strong institutional inflows, particularly...
Meezan Bank, in partnership with Atlas Honda, has introduced a Shariah-compliant financing option for the newly launched Honda ICON e: electric scooter under its Meezan Apni Bike program.
The offer includes 0% profit over invoice value with a flexible installment plan of up to 24 months, making it easier for...
The State Bank of Pakistan (SBP) raised Rs589.49 billion through latest auctions of Pakistan Investment Bonds (PIBs) and Market Treasury Bills (MTBs) on Wednesday, reflecting continued investor confidence in government securities despite evolving macroeconomic conditions.
The auctions attracted robust participation across both short- and long-term instruments. Of the total amount...
The Securities and Exchange Commission of Pakistan (SECP) has achieved a historic milestone by registering 4,065 companies in July 2025, the highest number ever recorded in a single month.
This, according to the statement released on Wednesday, surpasses the previous record of 3,609 registrations set in May 2025, reflecting the...
The government’s efforts to artificially bring down the dollar rate are faltering, with market forces pushing back against a Rs250 exchange rate target and foreign currencies reportedly vanishing from the open market.
A crackdown on dollar smuggling launched on July 23 has led to a minor depreciation of around Rs3 in both...
