Business
Business
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…
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…
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…
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…
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…
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.…
Former Minister Gohar Ejaz Reveals IPPs Charging 750 Rupees Per Unit
Former caretaker minister Gohar Ejaz has revealed that some power plants in Pakistan are selling electricity to the government at…
Saudi Arabia Nationalizes 25% of Engineering Jobs
Saudi Arabia has announced the nationalization of 25 per cent of engineering professions, effective this Sunday. Local media report that…
Netflix Reports Strong Q2 Growth With Over 8 Million New Subscribers
Netflix announced on Thursday that it gained over 8 million subscribers in the second quarter, exceeding analyst expectations of 5…