Finance Minister Muhammad Aurangzeb said that the government wants to finalize the privatization of Pakistan International Airlines (PIA) by June… Read More
Pakistan Incurs $4 Billion Loss Every Year Due to Climate Change
Pakistan loses an estimated $4 billion per year due to climate change-induced events. This was determined in a report by… Read More
Up to Rs. 0.3 Million Monthly Tax Imposed for Using Bore Water in Islamabad
In a recent notification from the Metropolitan Corporation Islamabad (MCI), the federal capital’s residents are now required to pay taxes… Read More
World Bank Likely to Approve $150 Million Financing For Two Projects in Pakistan
The World Bank’s Board of Executive Directors is likely to approve $150 million in financing for “Pakistan: Digital Economy Enhancement… Read More
Pakistan Received $6.67 Billion in Foreign Loans During 8 Months of FY24
The country borrowed $6.678 billion from multiple financing sources during the first eight months (July-February) of the current fiscal year… Read More
Pakistan’s IT Sector Continues to Outpace Country’s GDP
Over the last decade or so, Pakistan’s economy has struggled to maintain a high sustainable growth rate amid mounting pressures… Read More
Pakistan Tax Bar Association Urges FBR Chairman to Amend Sales Tax Related SRO
Pakistan Tax Bar Association (PTBA) has requested the Chairman Federal Board of Revenue (FBR) to amend SRO No.350(I)/2024 for the… Read More
FBR Implements New System to Document Withholding Tax Transactions
The Federal Board of Revenue (FBR) on Thursday implemented a new system to document withholding tax (WHT) transactions and timely… Read More
Structural Reforms Inevitable for Pakistan’s Development: PM
Prime Minister Shehbaz Sharif Thursday said deep-rooted structural reforms have become inevitable to ensure macroeconomic stability and to put the… Read More
Gul Ahmed Textile to Install 17.1 MW Rooftop Solar Plant
Gul Ahmed Textile Mills Limited Thursday announced its plan to install 17.1 MW rooftop solar plant. In a notice to… Read More
SBP Reserves Increase by $105 Million to Cross $8 Billion
The foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $105 million on a weekly basis… Read More
CCP Approves Merger of TPL Life Insurance and Dar Es Salaam Textile Mills
The Competition Commission of Pakistan (CCP) has approved the merger of M/s TPL Life Insurance Limited with M/s Dar Es… Read More
