Business
FBR notifies Karachi traders to pay an advance tax of Rs 60,000 under the Tajir Dost Scheme.
August 19, 2024
FBR notifies Karachi traders to pay an advance tax of Rs 60,000 under the Tajir Dost Scheme.
The Tajir Dost Scheme requires retailers in the metropolis to pay an advance tax of Rs 60,000 every month. The…
June 2024 saw a 3% decline in Pakistan’s textile exports on a month-over-month basis.
August 16, 2024
June 2024 saw a 3% decline in Pakistan’s textile exports on a month-over-month basis.
July 2023–24 had a 3.09 percent decrease in textile exports from $1,311.650 million in the same month the previous year.…
The Federal Board of Revenue (FBR) has implemented a turnover tax on the subsidies provided to utility stores.
August 16, 2024
The Federal Board of Revenue (FBR) has implemented a turnover tax on the subsidies provided to utility stores.
As per the provided information, a tax of Rs 60 billion will be levied on the subsidies during the current…
Pakistan has approved the privatization of 24 organizations.
August 15, 2024
Pakistan has approved the privatization of 24 organizations.
According to reports, the federal cabinet made the decision during a meeting in Islamabad. They added that the five-year privatization…
Meta filed a lawsuit due to fraudulent advertisements on Facebook and Instagram.
August 13, 2024
Meta filed a lawsuit due to fraudulent advertisements on Facebook and Instagram.
Their action would be just one more in a string of international campaigns launched to make the internet behemoth answerable…
Pakistan’s July 2024 auto sales increased by 58%.
August 13, 2024
Pakistan’s July 2024 auto sales increased by 58%.
In Pakistan, during the month under review, 5,857 cars were sold, compared to 3,702 units in the same month the…
“Pakistan will receive a $500 million IDB loan to purchase crude oil.”
August 12, 2024
“Pakistan will receive a $500 million IDB loan to purchase crude oil.”
The loan will be given to Pakistan in installments throughout FY2024–2025, according to information disclosed by the sources. Additionally, they…
In the fiscal year 2023-2024, Pakistan’s exports of vegetables and fruits amounted to a total value of $773.23 million.
August 7, 2024
In the fiscal year 2023-2024, Pakistan’s exports of vegetables and fruits amounted to a total value of $773.23 million.
In the financial year ending on June 30, 2024, Pakistan’s vegetable exports amounted to 1.126 million metric tons, with a…
Pakistan gets friendly nations to pledge to roll over their debt.
August 7, 2024
Pakistan gets friendly nations to pledge to roll over their debt.
A fresh $7 billion loan program was agreed upon by Pakistan and the IMF last month at the staff level.…
By month’s end, the IMF Board will accept the staff-level agreement: Aurangzeb
August 6, 2024
By month’s end, the IMF Board will accept the staff-level agreement: Aurangzeb
During a keynote speech at a recent ceremony, he declared that the agreement reached with the International Monetary Fund (IMF)…