The Federal Board of Revenue (FBR) has introduced income tax return form for the small and medium enterprises (SMEs) for… Read More
SBP Allows EMIs to Provide Remittances Services to Customers
The State Bank of Pakistan (SBP) has allowed Electronic Money Institutions (EMIs) or fintech operators to offer cross-border e-money products/services,… Read More
FBR Recovers Over Rs. 1.3 Billion Sales Tax Evasion
Federal Board of Revenue’s Directorate of Intelligence & Investigation (Inland Revenue) Lahore has recovered Sales Tax evasion worth Rs. 1.358… Read More
Minister Claims Pakistan Set to Receive Investment of $25 Billion
State Minister for Petroleum Musadik Malik has claimed that certain friendly countries have set aside funds of up to $25… Read More
Power Sector Circular Debt Soars to Over Rs. 2.6 Trillion
The power sector circular debt increased by Rs. 378 billion to Rs. 2,631 billion during the first 10 months (July-April)… Read More
UN Adopts Historic Treaty to Protect High Seas and Their Ecosystems
While the high seas make up over 60% of the world’s oceans, they have long drawn less attention than coastal… Read More
French Investigators Search Paris Olympics Organizers Over Suspected Corruption
French investigators searched the headquarters of the 2024 Paris Olympic Games organizing committee as part of two probes into suspected… Read More
Banks to Remain Closed for Public Dealing for 5 Days on Eid
Banks will remain closed for five days on Eid al-Adha as the Eid Holidays announced by the government have coincided… Read More
Tesla’s New Factory Can Build Cars in Under A Minute
Tesla’s “Giga Lab” retail model in China showcases the electric vehicle (EV) pioneer’s manufacturing prowess. The automaker’s Giga factory concept… Read More
Sweden and Pakistan Collaborate to Rebuild for a Resilient Future
The Embassy of Sweden in Pakistan in partnership with Business Sweden – the Swedish Trade & Invest Council hosted a… Read More
Textile Industry Seeks Continuation of Subsidized Energy Tariffs in FY2023-24
The All Pakistan Textile Mills Association (APTMA) has requested the federal government to continue the Regionally Competitive Energy Tariff (RCET)… Read More
Rice Mill Owners Brutally Murder Laborer With High-Pressure Air Pump
A man from a poor background was brutally tortured at a private rice mill in Okara, Punjab. The incident happened… Read More
