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Pakistan: Fast-Moving Consumer Goods sector faces tax strain

The withholding and advance tax system of the Federal Board of Revenue (FBR) is creating difficulties and administrative complications for the Fast-Moving Consumer Goods (FMCGs) sector, particularly the food industry, said Hyderabad SITE Association…

JS Bank boosts stake in TRG Pakistan

In a major corporate development, JS Bank Limited has substantially increased its footprint in TRG Pakistan Limited (TRGP), acquiring a 14.92% stake through the enforcement of security. The transaction was formally communicated to the…

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