In order to increase the cost of doing business for non-filers, the Federal Government of Pakistan on the instructions of… Read More
Tax Exemptions Cost National Exchequer Nearly Rs. 4 Trillion in FY24
Tax exemptions surged to Rs. 3.879 trillion during the outgoing fiscal year 2023- 2024 (FY24). The Pakistan Economic Survey 2023-24… Read More
Here’s How Much Pakistani Freelancers Earned During FY24
Pakistan-based freelancers contributed foreign exchange earnings worth $350.15 million during fiscal year 2024 (July-March), says the Economic Survey 2023-24. The… Read More
Pakistan Has 100,000 More Donkeys Than Last Year: Economic Survey
The population of donkeys in Pakistan has increased by 100,000 (275 a day) from 5.8 million to 5.9 million in… Read More
Pakistan’s Education Spending as Percentage of GDP Lowest in Region: Economic Survey
The cumulative education expenditures by federal and provincial governments declined as percentage to GDP in fiscal year 2023 and is… Read More
Electricity Consumption in Pakistan Decreased in 9 Months of FY24 Despite Higher Capacity
The overall electricity consumption in the country stood at 68,559 GWh in July-March FY24 compared to consumption of 69,247 GWh… Read More
Car Industry Fell in A Ditch in FY24: Economic Survey
Growth of the automobile sector plunged by 37.4 percent against a contraction of 42.2 percent growth last year. Import restrictions… Read More
Here is How Much Telcos Are Now Earning From Every User
The Mobile Average Revenue Per User (ARPU) rose to Rs. 284 per month during July-December FY24, according to the Pakistan… Read More
Finance Minister Unveils Economic Survey 2023-24
Finance Minister Muhammad Aurangzeb Tuesday unveiled Economic Survey for the outgoing fiscal year 2023-24 (FY24) at a press conference in… Read More
Govt to Impose New Duty on Nicotine Pouches and E-Cigarettes
The federal government is expected to impose federal excise duty (FED) on Nicotine pouches and e-cigarettes in the Finance Bill… Read More
Govt Seeks Rs. 932 Billion Foreign Loans to Finance Development Projects Next Fiscal Year
The federal government plans to borrow Rs. 932 billion to finance development projects next fiscal year. The federal government will… Read More
FBR Proposes Giant Rs. 12.9 Trillion Tax Collection Target For 2024-25
The Federal Board of Revenue (FBR) has set an ambitious tax revenue target of Rs. 12.9 trillion for FY2024-25, Rs.… Read More
