Business
Business
FBR Plans to Raise Withholding Tax Rates Amid Revenue Decline
To mitigate a potential shortfall in tax collection, the Federal Board of Revenue (FBR) is considering a proposal to increase…
Pakistan’s CPI Climbs 9.6% in August, Hitting a 34-Month Low
Pakistan's consumer price index (CPI) rose 9.6% year-on-year in August, marking the lowest increase in 34 months, according to data…
PTA to Suspend SIMs Linked to Expired CNICs, Intensifies Crackdown on Illegal Content
On Monday, the Pakistan Telecommunication Authority (PTA) announced that it will suspend mobile SIMs of users who have not updated…
Moody’s Upgrades Ratings for Five Major Pakistani Banks
Z-Investors Services has announced an upgrade in the ratings of five leading Pakistani banks. The prestigious global rating agency Moody's…
Pakistan’s National Debt to 71 Trillion Rupees in Two Years
Pakistan's national debt surged by more than 27 trillion rupees in the two years following the end of Imran Khan's…
PIA’s 75% Shares to Transfer to Five Buyers
The privatization of Pakistan International Airlines (PIA) has gained momentum. The Standing Committee on Privatization, chaired by Senator Talal Chaudhry,…
FBR Clarifies No Amnesty for Smuggled Vehicles
The Federal Board of Revenue (FBR) has refuted claims that an amnesty scheme has been introduced to regularize smuggled vehicles…
Bearish Trend Persists as Pakistan Stock Exchange Suffers Major Losses
Investors have incurred substantial losses due to a bearish trend in the Pakistan stock market, which has been further exacerbated…
Australia Introduces Right to Disconnect Law to Enhance Work-Life Balance
On Monday, the Australian government established a legal "right to disconnect" for millions of workers, allowing them to ignore unreasonable…