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World Bank Revisits Tax Proposal for Individuals Earning Below Rs50,000
The World Bank has retracted its previous suggestion to tax individuals earning below Rs50,000, clarifying that the recommendation was based…
World Bank Retracts Proposal to Tax Individuals Earning Less Than Rs50,000
The World Bank has recently backtracked from its initial advice of imposing tax on individuals earning a monthly sum of…
US Places 42 Chinese Enterprises on Export Control List Over Support to Moscow
The US Commerce Department took a significant step, placing 42 Chinese enterprises on its export control list. This decision was…
Pakistan to Receive $3.4 Billion The Geneva Pledges for Flood Relief
Pakistan is set to acquire approximately $3.4 billion from the $10.9 billion pledges made by the global community in Geneva.…
Lucky Motor Corporation Slashes KIA Prices Amidst Pakistani Rupee’s Rise
The automotive sector in Pakistan is witnessing a decrease in vehicle prices due to the Pakistani rupee's significant appreciation against…
PIA Faces Fuel Suspension and Privatization Amid Financial Struggles
On Wednesday, due to outstanding payments, Pakistan State Oil (PSO) ceased fuel provision to Pakistan International Airlines (PIA) at Lahore…
FBR Eyes Shop Size-Based Taxation for Retailers Across the Nation
Based on their shop dimensions, the Federal Board of Revenue (FBR) is contemplating introducing a fixed tax ranging from Rs1,000…
Pakistan’s Debt Skyrockets to Nearly Rs64 Trillion
The State Bank of Pakistan revealed that the central government's debt escalated by almost one-third over the past year until…
Iraq Plans Ban on US Dollar Cash Transactions from 2024
Iraq is set to enforce a ban on cash withdrawals and transactions in US dollars starting January 1, 2024. According…