Investment in Pakistan’s tech ecosystem continued its downward trend in Q4-2022, declining to just $15.15 million, according to data released… Read More
Petroleum Levy on Diesel Jacked Up by Rs. 2.5 Per Liter
The federal government has increased the petroleum development levy (PDL) on high-speed diesel (HSD) by Rs. 2.50 per liter. According… Read More
Imported Hybrid Steam Boiler Subject to 11% Duty: FBR
The customs classification committee of the Federal Board of Revenue (FBR) has declared that the imported hybrid steam boiler would… Read More
FBR Misses December Revenue Collection Target by Rs. 225 Billion
The Federal Board of Revenue (FBR) has provisionally collected Rs. 740 billion in December 2022 against the assigned target of… Read More
‘2022 Taught Us Connectivity Is Essential Service During Any Humanitarian Crisis’
As 2022 comes to an end, Aamir Ibrahim, Jazz CEO, reflects on the progress the teleco has made to successfully… Read More
Persons Engaged in Cross-Border Trade Transactions to Undergo Electronic Verification Process
The Federal Board of Revenue (FBR) has directed all persons engaged in cross-border trade transactions to provide evidence of identity… Read More
FBR Likely to Face Revenue Shortfall of Rs. 200 Billion in December
The Federal Board of Revenue (FBR) is set to suffer a revenue shortfall of around Rs. 200 billion in December… Read More
PM Shehbaz Directs to Initiate Outsourcing of Three Airports
Prime Minister Shehbaz Sharif Friday directed the relevant departments to start the process of outsourcing three international airports of the… Read More
Poultry Association to Pay Rs. 25 Million Fine for Illegally Fixing Prices
While deciding the first-ever cartel case, the Supreme Court of Pakistan has decided the civil appeal filed on behalf of… Read More
Weekly Inflation Surges by Over 29% Due to Exorbitant Food Prices
The Sensitive Price Indicator (SPI) based inflation for the week ended December 29, recorded a decrease of 0.09 percent due… Read More
Alternative Research Initiative Throws Weight Behind Pakistan’s Heated Tobacco Rules
Alternative Research Initiative (ARI) on Friday termed the Heated Tobacco Products (Heat-not-burn, Printing of Warning) Rules 2022 a step in… Read More
Banks to Remain Closed on January 2
The State Bank of Pakistan (SBP) and other banks will remain closed for public dealing on Monday, January 2, 2023,… Read More
