2022 has come to an end, leaving the fate of Pakistan’s car industry in a somewhat questionable state. The beginning… Read More
FTO Study Reveals the Most Effective Mechanism to Get Justice From FBR
Taxpayers are not aware that the decisions of the Federal Tax Ombudsman (FTO) under the facility of the informal Alternative… Read More
Pakistan and India Exchange Nuclear Weapon Storage Locations
As has been the case since 1992, Pakistan and India have once again exchanged lists of nuclear installations at the… Read More
Pakistan Urges World Bank to Restructure Financial Inclusion and Infrastructure Project
The government has requested the World Bank for restructuring the “Pakistan Financial Inclusion and Infrastructure Project” to complete the national… Read More
Dubai Removes Alcohol Tax and Liquor License Fee as it Enters New Year
Dubai has abolished the 30 percent tax on alcohol sales and made getting a mandatory liquor license completely free, thereby… Read More
Pakistan Refinery Ltd Restarts Operations After 2 Weeks
Pakistan Refinery Limited (PSX: PRL) has resumed operations after nearly two weeks. According to a stock filing, the company announced… Read More
NEPRA to Hold Public Hearing for Approval of Solar Project at Muzaffargarh
The National Electric Power Regulatory Authority (NEPRA) has decided to hold a public hearing for the approval to carry out… Read More
SBP Reserves Fell by Nearly $12 Billion in 2022
The foreign exchange reserves held by the State Bank of Pakistan (SBP) dropped from $17.686 billion to just $5.822 billion… Read More
Pakistan’s Startup Funding Plunges to Lowest in Nearly Three Years
Investment in Pakistan’s tech ecosystem continued its downward trend in Q4-2022, declining to just $15.15 million, according to data released… Read More
Petroleum Levy on Diesel Jacked Up by Rs. 2.5 Per Liter
The federal government has increased the petroleum development levy (PDL) on high-speed diesel (HSD) by Rs. 2.50 per liter. According… Read More
Imported Hybrid Steam Boiler Subject to 11% Duty: FBR
The customs classification committee of the Federal Board of Revenue (FBR) has declared that the imported hybrid steam boiler would… Read More
FBR Misses December Revenue Collection Target by Rs. 225 Billion
The Federal Board of Revenue (FBR) has provisionally collected Rs. 740 billion in December 2022 against the assigned target of… Read More
