Business

Business

Toyota Advances Lexus EV Production with New Battery Plant

Toyota has revealed its strategy for using Lexus electric vehicles. According to a report in Nikkei on Friday, Japan's Toyota…

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LinkedIn’s Co-Founder Reid Hoffman Forecasts the End of 9-to-5 Jobs by 2034

LinkedIn co-founder Reid Hoffman has sparked widespread discussion with his prediction that traditional 9-to-5 jobs will disappear by 2034, as…

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FBR Establishes Tax Fraud Investigation Wing to Combat Evasion

The Federal Board of Revenue (FBR) has announced amendments to the Sales Tax Act 1990, establishing a dedicated Tax Fraud…

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IMF Warns Pakistan of Mini-Budget Due to Unsatisfactory Tax Collections

The International Monetary Fund (IMF) has labelled Pakistan's tax collections unsatisfactory and warned that a mini-budget might be necessary if…

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FBR Implements Monthly Tax for Small Shopkeepers Across 42 Cities

The Federal Board of Revenue (FBR) has introduced a fixed monthly tax for small shopkeepers and retailers, ranging from 100…

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Finance Minister Anticipates IMF Approval for Pakistan’s Agreement by August End

Minister for Finance Senator Mohammad Aurangzeb stated that ongoing discussions with the International Monetary Fund (IMF) concerning the financing gap…

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Karachi Restaurants to Charge 15% Service Tax on Digital Payments

The Sindh Revenue Board (SRB) has authorized 58 restaurants and hotels in Karachi to charge a 15% service tax on…

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Air Canada Reduces 2024 Profit Forecast Due to Increased Competition

Air Canada revised its core profit forecast for the full year downward, citing increased competition on international routes and market…

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PSX Plunges Amid Political Turmoil and Arrests

On Monday, the Pakistan Stock Exchange (PSX) exhibited a bearish trend, with the KSE-100 index plummeting by over 1,500 points.…

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