Nvidia has become the most valuable company on earth after it surpassed Apple ($3.32 trillion) and Microsoft ($3.28 trillion) after… Read More
Budget FY25 Boosts Chances of New IMF Program Despite Issues: Fitch Ratings
Pakistan’s ambitious FY2024-25 budget strengthens prospects for an IMF deal, Fitch Ratings said in a report on Tuesday. It is… Read More
Planning Ministry Unveils National Economic Transformation Unit For PSDP 2024-25
The Ministry of Planning and Development, under the leadership of Minister Ahsan Iqbal, has announced the establishment of the National… Read More
Pakistan’s Tax Revenue Likely to Increase by 40% in Upcoming Fiscal Year
Pakistan’s tax growth (including petroleum development levy) is projected to reach 40 percent for fiscal year 2024-25 compared to a… Read More
Pakistan Is The Most Financially Attractive IT Outsourcing Destination in the World: Report
Pakistan is the most financially attractive IT&ITeS outsourcing destination in the world, the Economic Survey 2023-24 revealed last week. According… Read More
Pakistan’s Per Capita Income Rises to $1,680 in FY24
Pakistan’s per capita income in US dollars has surged to $1,680 in the outgoing fiscal year 2023-24 (FY24), up by… Read More
Relief to Salaried Class Impossible When Govt Institutions Are Operating At A Loss: Aurangzeb
Finance Minister Muhammad Aurangzeb on Tuesday said the federal government was finding it very hard to give relief to the… Read More
Rice Production Hits Record High in 11 Months of FY24
Pakistan’s rice production was recorded at 9.9 million tons in the eleven months that ended on May 31, 2024 (11MFY24),… Read More
Fault in Submarine Cable is Disrupting Internet in Pakistan Once Again
Internet services in certain areas of Pakistan are experiencing disruptions due to a fault in the global submarine cable SMW4,… Read More
Fertilizer Industry Received Tax Exemptions Worth Rs. 252.6 Billion in FY23
The fertilizer sector benefited greatly from sales tax exemptions worth Rs. 252.60 billion in the fiscal year 2022-23, according to… Read More
FBR Forms Committees to Rectify Mistakes in Finance Bill 2024
The Federal Board of Revenue (FBR) has constituted two Anomaly Committees to rectify errors created by the FBR in Finance Bill… Read More
World Bank Approves $150 Million For Education Project in Punjab
The World Bank’s Board of Executive Directors approved $150 million for a project to increase the participation rates of girls… Read More
