A new levy of up to Rs 16,000 has been proposed on the import of mobile phone handsets through Finance… Read More
Govt Estimates Foreign Assistance of Over Rs. 3 Trillion for FY22-23
The government has estimated foreign assistance of Rs. 3.166 trillion for 2022-23 against Rs. 2.747 trillion was budgeted for the… Read More
Govt Can Now Block Phones, SIMs and Utility Connections of Non-Filers After Budget
Instead of taking holistic steps to motivate the masses to file their income tax returns, the Finance Ministry has enacted… Read More
Govt to Raise FED on Mobile Balance Usage to 19.5%
The government has decided to raise the Federal Excise Duty (FED) on telecommunication services from 16 percent to 19.5 percent… Read More
Proton X70 is Getting a Minor Facelift [Photos]
Proton has finally launched the facelift version of the X70. Since it is a mid-cycle facelift, Proton hasn’t changed much… Read More
Annual Plans Sets GDP Size Target of Rs. 73,385 Billion for FY23
The Annual Plan and macroeconomic framework for FY2022-23 has set a gross domestic product (GDP) target of Rs. 73,385 billion.… Read More
Banking Companies to Face Increased Tax Rate of 42%
Finance Minister Miftah Ismail has proposed to increase the current tax rate on the banking companies from 39 percent to… Read More
Govt Imposes Tax on International Payments Through Debit and Credit Cards
An advance withholding tax will be levied on international payments (money sent out of Pakistan) through credit cards, debit cards,… Read More
Viral News of Ex-Army Chief Pervez Musharraf’s Death is Fake
The news of the death of former Chief of the Army Staff (COAS) and President, Pervez Musharraf, started doing the… Read More
USAID and HEC Launch Scholarship Management System
An IT-based Scholarship Management System of the USAID-funded Merit and Needs-based Scholarship Programme (MNBSP) was launched at the Higher Education Commission… Read More
Govt Caught Lying About ‘Huge’ Increase in HEC Budget for 2022-23
The Finance Ministry has allocated Rs. 109 billion for the Higher Education Commission (HEC) in the annual budget for FY2022-23… Read More
World Bank Approves $300 Million for Upgradation of Pakistan’s Rural Roads
The World Bank’s Board of Executive Directors has approved $300 million in financing to support Pakistan in upgrading rural roads… Read More
