Recent Posts

Federal Government’s Five-Year Revenue Plan Targets 20 Million New Taxpayers

Overview of the Plan The federal government has presented a five-year revenue generation plan to the International Monetary Fund (IMF) with the goal of significantly expanding the tax base. The plan aims to add over 20 million new taxpayers to the tax net over the next five years. Targets for Expansion To achieve this ambitious target, the plan includes specific …

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Foreign Investment in Pakistan Stock Exchange Hits Historic Low Despite Recent Surge

Decline in Foreign Investment Foreign investors’ stakes in companies listed on the Pakistan Stock Exchange (PSX) have plummeted to a historic low of 3.7% ($491 million) of the total value of publicly traded shares by the end of June 2024. This marks a significant decrease from 28.7% ($2.97 billion) in FY17. The decline has been attributed to economic and political …

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CCP Fines Unilever Pakistan Rs60 Million for Deceptive Advertising

Order Against Deceptive Marketing Practices The Competition Commission of Pakistan (CCP) has imposed a fine of Rs60 million on Unilever Pakistan for airing deceptive claims in television commercials promoting its hygiene and cleansing products, ‘Lifebuoy Soap’ and ‘Lifebuoy Hand Wash’. The fine follows proceedings related to a show-cause notice issued to Unilever for alleged violations of Section 10 of the …

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