Pakistan provisionally received over $820 million of estimated foreign assistance in the first two months (July-August) of the current financial… Read More
Govt to Increase Duty on Imported Mobile Phones
The government has decided to increase Regulatory Duty (RD) on the import of cellular phones valuing $60 and above of… Read More
Govt Drops 350 Unapproved Projects from PSDP
The government has dropped 350 unapproved projects from Public Sector Development Program (PSDP) and reduced developmental budget portfolio from Rs… Read More
Non-Filers May Not Get Electricity Connections for Commercial & Industrial Purposes
Minister of State for Revenue Hammad Azhar informed the Senate Standing Committee on Finance that the government is bringing a… Read More
Govt to Introduce E-tendering and E-billing to Ensure Transparency in Road Projects
The government is all set to introduce E-tendering and E-billing system across the country to ensure transparency in road projects’… Read More
Imports of Mobile Phones Grow by 6% in Current Fiscal Year
Mobile phone imports witnessed a 6.06% growth in the current fiscal year (July-August) 2018-19. Imports ended up costing $136.917 million… Read More
3G/4G Users Reach 58.5 Million in August 2018
The number of 3G and 4G users in Pakistan reached 58.56 million by the end of August 2018, said Pakistan… Read More
Non-Filers Face Ban on Buying Cars and Properties Over Rs 5 Million
The condition of being an income tax return filer shall not apply to persons purchasing locally manufactured motorcycles, rickshaws and… Read More
Advance Tax to Be Charged For Using Local Payment Cards Outside Pakistan
An advance tax would be applicable on persons remitting amounts abroad through credit cards, debit cards or prepaid cards and… Read More
Ignite Says Its Electricity Management Tool Can Add $1.4 Billion Revenues to Supply Companies
Ignite (formerly National ICT R&D Fund) has developed a product – Electrocure Governance tool – for electricity data management in… Read More
Govt Expected to Increase Duty on Mobile Phone Imports
Mobile phone handset prices are likely to increase again as the federal government is reportedly considering to increase regulatory duty… Read More
Pakistan’s Trade Deficit Declines by 1.25% in FY 2018-19
Pakistan’s trade deficit has recorded a marginal decline of 1.25 percent during the first couple of months (July and August)… Read More