Business

SG Power Shifts Core Business From Energy to Healthcare and Pharmaceutical Sector

SG Power Limited has officially transformed its business strategy by changing its principal line of business from power generation to the healthcare and pharmaceutical industry. The transition marks a significant milestone for the company as it seeks to capitalize on emerging opportunities in Pakistan’s growing healthcare market. The company announced the development through a notice…

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Business

Government Abolishes Capital Value Tax on Financial Assets in Major Relief Measure

The federal government has announced the abolition of the Capital Value Tax (CVT) on financial assets as part of its broader strategy to simplify the tax system, encourage documentation, and provide relief to investors and taxpayers. The decision was unveiled during the FY2026-27 budget presentation, with officials stating that the removal of the tax is…

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