GoZayaan – an online travel-tech platform operating in Pakistan and Bangladesh and headquartered in Singapore – is rumored to have… Read More
Pakistan Looking to Diversify Exports to EU: Commerce Minister
Federal Minister for Commerce and Investment Syed Naveed Qamar has expressed Pakistan’s desire to diversify its export portfolio to the… Read More
PTA Issues Clarification on ‘No Import Taxes on Personal Mobile Phones From Overseas’
With reference to a news item titled ‘PTA recommends extension of mobile phone tax relief for overseas Pakistanis’ that appeared… Read More
FBR Directed to Treat KP School Principals at Par With F.G. Institutions
The Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to give the same tax rebate to… Read More
Civil Aviation Authority Celebrates 100th Anniversary of Air Traffic Control
The year 2022 marks the 100th anniversary of Air Traffic Control (ATC), and as the aviation world celebrates the occasion,… Read More
Chinese Company Plans to Build $4.5 Billion Oil Refinery in Gwadar
China’s East Sea Group Limited has revealed plans to invest $4.5 billion to construct a refinery with a yearly oil… Read More
Pakistan Locally Manufactured Over 16 Million Mobile Phones in First 9 Months of 2022
The local manufacturing plants have manufactured/assembled 16.7 million phones and handsets during the first nine months (January-September) of 2022 compared… Read More
PSO’s Profit Sees Massive 91% Decline in Q1 FY2023
Pakistan State Oil (PSO) has reported a 91 percent decrease in profit after tax of Rs. 1.2 billion in Q1… Read More
Unauthorized Promotions Cause Loss of Rs. 28 Million to PTA [Updated]
Update: PTA’s official statement has been added to the article. The national exchequer suffered a huge loss due to the… Read More
SBP Suspends Operations of Mega Currency Exchange Company
The State Bank of Pakistan (SBP) has suspended, with immediate effect, the authorization of an Exchange Company –B namely M/s… Read More
FBR Faces Over 70,000 Cyberattacks Every Month
The Federal Board of Revenue (FBR) system has faced approximately an average of 71,000 cyber-attacks in a single month. According… Read More
X-Ray-Based Scanners of Customs May Pose Radiation Risk to Drivers
The Federal Board of Revenue (FBR) fears that there is a risk of exposure to radiation to workers and drivers… Read More
