Pakistan and Azerbaijan, in a major development on Friday, signed a partnership agreement for a $2 billion investment in Pakistan.… Read More
FBR Grants ‘Filer’ Status to Non-Filing Overseas Pakistanis to Buy Property
The non-filers or unregistered overseas Pakistanis have been given the status of “filer” for the deduction of withholding tax on… Read More
Rupee Marginally Recovers Against British Pound to End Tough Week
The Pakistani rupee (PKR) posted losses to end the week against the US Dollar (USD) but recovered further against the… Read More
Senate Panel Takes Notice of Alleged Multi-Billion Rupee Corruption in NHA Projects
The Senate Standing Committee on Communications has taken notice of alleged corruption amounting to billions of rupees in the National… Read More
Punjab Govt Imposes 16% Sales Tax on Renting Commercial Property
The Punjab government has imposed a 16 percent sales tax on the rental of commercial properties starting July 1, 2025,… Read More
SBP Developing Simplified Digital Payments to Boost Cashless Economy
The State Bank of Pakistan (SBP) is working on simplified digital payment packages and incentives for small businesses to accelerate… Read More
Industries to Collapse As Furnace Oil Will Now Become 80% More Expensive: OCAC
The Oil Companies Advisory Council (OCAC) has warned that new petroleum and climate support levies on furnace oil will increase… Read More
Govt to Revise Policy to Rescue $6 Billion in Refinery Upgrade Projects
The Petroleum Division will issue its final, non-extendable timelines to resolve a big sales tax exemption issue in order to… Read More
Salaried Class Paid Over Double the Tax of Exporters, Retailers Combined in FY25
The salaried class paid Rs. 545 billion in income tax in FY2024-25, more than double the combined Rs. 242 billion… Read More
Govt to Phase Out Remittance Incentives to Save Rs. 118 Billion
The federal government has decided to scale back remittance incentives offered to overseas Pakistanis from July 1, 2025, to reduce… Read More
Everything You Need to Know About SBP’s Biometrics Requirement for Cash Depositors
With the rapid rise of mobile financial services and digital wallets in Pakistan in recent years, a growing number of… Read More
CCP Upholds Rs. 150 Million Penalty Against Reckitt’s Strepsils
The Competition Appellate Tribunal (CAT) has dismissed the appeal filed by Reckitt Benckiser in the Strepsils case due to non-prosecution.… Read More
