Business
Industries close due to IPPs’ exorbitant electricity costs: KATI
July 22, 2024
Industries close due to IPPs’ exorbitant electricity costs: KATI
Korangi’s businesses have been driven to ruin, according to President KATI Johar Ali Qandhari, by IPPs, high electricity costs, and…
Pakistan’s IT industry is expanding rapidly.
July 22, 2024
Pakistan’s IT industry is expanding rapidly.
With the assistance of the Special Investment Facilitation Council (SIFC), the information technology industry is expanding significantly. This year, the…
Pakistan’s gas industry is in debt by Rs. 2,897 billion.
July 19, 2024
Pakistan’s gas industry is in debt by Rs. 2,897 billion.
In Pakistan’s gas industry, the circular debt has reached Rs 2,897 billion, official papers show, despite recent rises in gas…
Pakistan currently has $14.7 billion in foreign exchange reserves.
July 19, 2024
Pakistan currently has $14.7 billion in foreign exchange reserves.
The SBP now holds $9.42 billion in reserves in Pakistan, up US$ 19 million from the last announcement from the…
Eleven companies have indicated their interest in obtaining consultation services for the next 5G spectrum auction.
July 16, 2024
Eleven companies have indicated their interest in obtaining consultation services for the next 5G spectrum auction.
According to a statement, the Pakistan Telecommunication Authority (PTA) solicited bids through advertisements in national and international media, as well…
Pakistani government raises petrol prices
July 16, 2024
Pakistani government raises petrol prices
A recent announcement states that the price of petrol has increased by Rs 9.99 per litre, to Rs 275.60 per…
Cement retailers initiated a nationwide strike in protest against taxation.
July 15, 2024
Cement retailers initiated a nationwide strike in protest against taxation.
Under Section 236H of the Finance Act 2024, the government has raised the withholding tax to 2.5 percent for individuals…
IMF talks: Pakistan “agrees” to impose a tax on income from agriculture
July 11, 2024
IMF talks: Pakistan “agrees” to impose a tax on income from agriculture
For the new lending plan, representatives from the International Monetary Fund (IMF) and Pakistan’s provinces conducted virtual negotiations. The provinces…
Rs 600 more per tola for gold
July 10, 2024
Rs 600 more per tola for gold
In contrast to its sale at Rs245,000 on the previous trading day, the price per tola of 24 carat gold…
IATA requests that Pakistan reverse the recent increase in airfare taxes.
July 10, 2024
IATA requests that Pakistan reverse the recent increase in airfare taxes.
The federal government increased the FED for foreign travel in the 2024–2025 budget. The announcement states that the FED for…