Bank Alfalah Reports Decline in Profits but Boosts Cash Payouts

Karachi: Bank Alfalah Limited reported a significant decline in profits for the fourth quarter of 2024, announcing earnings of PkR4.7 billion, or PkR3.0 per share. This represents a year-over-year decrease of 49% and a quarterly drop of 64%. Despite t...

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PTA Urges Device Tax Compliance for International Travelers

Islamabad: The Pakistan Telecommunication Authority (PTA) has issued a reminder for international travelers bringing mobile devices into Pakistan to comply with tax obligations mandated by the Federal Board of Revenue (FBR) for device registration und...

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New Tax Filing Rules Pose Challenges for Small Businesses: Bilwani

KARACHI: The recent changes by the Federal Board of Revenue (FBR) have made it nearly impossible for small businesses to file timely sales tax returns, according to Muhammad Jawed Bilwani, President of the Karachi Chamber of Commerce and Industry (KCC...

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