The Ministry of Information Technology and Telecommunication has drafted the “National Broadband Policy-2021”, targeting the contribution of digital/broadband development to… Read More
IT Ministry Devises Strategic Framework for the Launch of 5G
The Ministry of Information Technology and Telecommunications has devised strategic plans and guidelines for the launch of 5G in the… Read More
FBR Increases Sales Tax on Petroleum Products
The Federal Board of Revenue (FBR) on Tuesday revised and increased the rates of sales tax on petroleum products. According… Read More
Tech and IT Companies Allowed to Set Up Digital Bank Under New SBP Framework
The IT, technological, and financial service providers will now be allowed to set up or sponsor a digital bank, as… Read More
Govt to Set up National Institute of Intelligence & Security Studies at QAU
The federal government has decided to establish an institute, called the National Institute of Intelligence and Security Studies (NISS), at… Read More
FBR Further Extends the Deadline for Corporate Digital Payments
The Federal Board of Revenue (FBR) has further extended the deadline for digital payments by the corporate sector till 31… Read More
FBR Proposes Tax Exemptions for Sale of Shares Under Special Purpose Vehicles
The Federal Board of Revenue (FBR) has proposed tax exemption for the sale of shares of Special Purpose Vehicles (SPVs)… Read More
Pakistan to Become World’s 3rd Country With 3 LNG Terminals at a Single Port
Pakistan will become the third country to install more than two LNG Floating Storage Regasification Unit (FSRU) terminals at a… Read More
Exchange Companies Can Attract $10 Billion Remittances Per Year
Exchange companies have formally requested the State Bank of Pakistan (SBP) to prohibit banks from forward-booking of US Dollars (USD)… Read More
Cabinet Committee to Retain Sugar Advisory Board Under Ministry of Industries
The Cabinet Committee on Institutional Reforms (CCIR) has decided to retain the sugar advisory board under the Ministry of Industries… Read More
FBR Launches Parliamentarians’ Tax Directory for 2019
The Federal Board of Revenue (FBR) launched the Parliamentarians’ Tax Directory for Tax Year 2019 in a special ceremony organized… Read More
SBP Unveils New Licensing and Regulatory Framework for Digital Banks
The State Bank of Pakistan (SBP) has introduced a Licensing and Regulatory Framework for Digital Banks in line with international… Read More
