The Pakistani rupee (PKR) lost further ground third day in a row against the US Dollar today after opening trade… Read More
Gold Rate in Pakistan Goes up Once Again
The price of gold in Pakistan registered its second straight increase this week on Thursday. According to data issued by… Read More
Govt Imposes Up to 20% Tax on Prize Bond, Lottery Winners
The federal government has imposed a fixed tax rate of up to 20 percent on winnings from prize bonds and… Read More
Govt Imposes Fixed Taxes on Imported Mobile Phone Kits and CBUs
The federal government has imposed a fixed tax rate up to Rs. 5,200 per kit on the import of mobile… Read More
FBR Implements Pick-and-Choose Approach for Senior Revenue and Customs Officers
The Federal Board of Revenue has apparently adopted a pick-and-choice policy in placing senior Inland Revenue Service and Customs officers… Read More
DealCart Raises $3 Million to Empower Pakistan’s Digitally Savvy Consumers
DealCart, a social e-commerce startup focused on transforming the way Pakistani consumers access essential goods, has successfully raised $3 million… Read More
Auto Industry Asks Govt to Impose 25% Regulatory Duty on Small Used Cars
The auto industry has requested the federal government to impose a 25 percent regulatory duty on imported small (used) cars… Read More
Pakistan Ideal Trade Route For SCO Member States: PM Shehbaz
Prime Minister Muhammad Shehbaz Sharif delivered Pakistan’s national statement at the SCO Council of Heads of State Summit meeting in… Read More
PTA Issues Alert Against Massive Security Flaw in Fortinet Devices
The Pakistan Telecommunication Authority (PTA) has issued a Cyber Security Advisory regarding a critical vulnerability identified in Fortinet devices. This… Read More
Pakistan Downgraded to Frontier Market Status By UK-Based Rating Company
Pakistan has been downgraded to frontier market (FM) status from secondary emerging market by UK-headquartered FTSE Russell, reported Bloomberg. The… Read More
Textile Industry Urges Govt to Re-Negotiate Deal With IPPs to Reduce Electricity Tariffs
The All Pakistan Textile Mills Association (APTMA) has urged the federal government to renegotiate agreements with Independent Power Producers (IPPs)… Read More
Bank of Punjab to Set Up Offices in Bahrain, UAE
The Board of Directors of the Bank of Punjab (PSX: BOP) in their meeting held on July 01, 2024, have… Read More
