Business
Business
2024 Zakat Threshold Announced by Pakistan’s Poverty Alleviation Ministry
Pakistan's Ministry of Poverty Alleviation and Social Protection has issued Zakat guidelines for 2024, setting the Zakat threshold at Rs…
Passport Fee Hike Sparks Public Outcry
Following the new government's inception, passport fees have dramatically increased by 50 per cent, sparking widespread dissatisfaction. The cost for…
Dubai Simplifies Residency and Work Visa Process
Attention, travellers! Planning to move or work in Dubai? Good news awaits. The UAE has streamlined residency visa and work…
SECP Introduces Key Changes to Corporate Restructuring Rules
The Pakistan Securities and Exchange Commission (SECP), authorized by the federal government, has amended the Corporate Restructuring Companies Rules in…
US Dollar Gains Against Pakistani Rupee in Latest Interbank Rates
The US dollar increased against the Pakistani rupee in interbank transactions. The State Bank of Pakistan (SBP) reported that the…
HBL CEO Muhammad Aurangzeb: A Front-Runner for Pakistan’s Finance Minister Role
Muhammad Aurangzeb, President and CEO of Habib Bank Ltd, is emerging as a leading contender for the role of Finance…
Bitcoin Reaches Record High Amidst Increased ETF Interest and Rate Cut Prospects
Bitcoin soared to an unprecedented height, driven by significant investments in U.S. spot exchange-traded crypto funds and anticipations of a…
IMF Estimates Pakistan’s Tax-to-GDP Gap at 2.9%, Aims for Revenue Boost
The International Monetary Fund (IMF) identifies Pakistan's tax-to-GDP gap at a modest 2.9%, challenging widespread beliefs of a larger federal…
Pakistan’s Gas Reserves to Get Half by 2027, SSGC Announces
In a concerning update, disclosed on Tuesday that the Sui Southern Gas Company (SSGC) predicts Pakistan's gas reserves might decrease…