The federal government has decided to reduce tax rates on investments in the IT sector, offer tax breaks to freelancers,… Read More
SBP Splashed A Little Too Much Cash into Open Market During July-March FY23: Economic Survey
The liquidity conditions in Pakistan’s inter-bank money market remained relatively strained during July-March FY23 as compared to the same period… Read More
Pakistan World’s ‘Second Largest Supplier’ of Digital Services: Economic Survey
The International Labor Organization (ILO) Flagship Report (2021) has ranked Pakistan as the second largest supplier of digital labor services,… Read More
Pakistan’s Public Debt Soars Above Rs. 59 Trillion: Economic Survey
Pakistan’s total public debt was recorded at Rs. 59,247 billion at the end-March 2023, registering an increase of Rs. 10,005… Read More
Telecom Sector Contributed Rs. 139 Billion in Taxes in July-December FY23: Economic Survey
The telecom sector contributed Rs. 139 billion to the national exchequer in terms of taxes, regulatory fees, initial and annual… Read More
Rupee Ends 4-Day Losing Streak Against US Dollar on the Eve of Budget 2023-24
The Pakistani rupee reversed its 4-day losing streak against the US Dollar during intraday trade today after opening trade at… Read More
Govt Considers Taxing Foreign Income of Exporters
The federal government has proposed to tax the foreign income of exporters in the budget for the fiscal year 2023-24,… Read More
Rupee Slides 4th Day in a Row Against US Dollar
The Pakistani rupee dropped 4th day in a row against the US Dollar during intraday trade today after opening trade… Read More
Govt to Undertake Rs. 5 Billion Program to Support IT Startups
The federal government has decided to undertake a Rs. 5 billion program under the next fiscal year’s (FY24) Public Sector… Read More
PM Directs Authorities to Devise Massive Incentive Package for IT Sector in Budget
A high-level meeting was convened in Islamabad under the chairmanship of Prime Minister Shehbaz Sharif today to promote information technology… Read More
Rupee Down 3rd Day in a Row Against US Dollar As Pressure Mounts
The Pakistani rupee lost further ground against the US Dollar during intraday trade today after opening trade at 286.2 in… Read More
Rupee Falls Against US Dollar, Saudi Riyal As Markets Brace for Budget Week
The Pakistani rupee lost further ground against the US Dollar during intraday trade today after opening trade at 286.8 in… Read More
