Pakistan-based Electronic Money Institution (EMI) SadaPay has fired around 30 percent i.e. 80 members of its workforce today, a little… Read More
Former Minister Demands Govt to Cut Interest Rate to 12% and Give Relief to Salaried Class
Former caretaker Federal Minister for Commerce and Industries Gohar Ejaz demanded that the government bring down the interest rate to… Read More
UBL Subsidiary Merges With Wall Street Exchange Company
The subsidiary of United Bank Limited, UBL Currency Exchange has merged with Wall Street Exchange Company after the approval of… Read More
Govt Plans to Retain PIA Stake Even After Selling It to Highest Bidder
The federal government plans to retain a stake in Pakistan International Airlines (PIA) after selling the airline to the highest… 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
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 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
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
FBR Revises Customs Value on Import of LED Lights
Directorate General of Customs Valuation Karachi has revised customs values on the import of LED Bulb Parts and LED Light… Read More
Senate Body Empowers Govt to Fire Board Members of State-Owned Entities
The Senate Standing Committee on Finance and Revenue on Wednesday empowered the federal government to fire/remove non-performing board members at… Read More
Former Minister Begs Govt to Cancel Rs. 2 Trillion Deal With IPPs And Get Cheap Electricity
Former Caretaker Minister for Interior and Commerce Dr. Gohar Ejaz has called on the federal government to cancel all agreements… Read More
