Business
Business
PTA Clarifies: No Decision to Remove Taxes on Imported Mobile Phones
The Pakistan Telecommunication Authority (PTA) has clarified that no official decision has been made to remove taxes on imported mobile…
Government to Revoke Tax Concessions for High-Earners, IMF Advises Reforms
According to the government, there are plans to revoke tax concessions favouring high-earners over the middle class. The IMF advised…
Pakistan’s Gas System at Risk as Line Pack Pressure Surges to Dangerous Levels
Pakistan's gas transmission and distribution system is at risk due to increasing line pack pressure, which surged to a dangerous…
Toyota Yaris Facelift Launched with Significant Price Hike by IMC
Indus Motor Company (IMC) has launched the Toyota Yaris facelift model, with a price increase of Rs144,000 to Rs606,000. In…
Google to Invest $350 Million in Flipkart, Valuation Hits $37 Billion
Google plans to invest $350 million in Flipkart, securing a minority stake and valuing the Indian e-commerce giant at $37…
Federal Government Ends Gas Subsidy for Fertilizer Factories
The federal government has officially approved the termination of the gas subsidy for fertilizer factories, a move to reform financial…
SBP to Launch QR Code Payment System for Eidul-Azha Sacrificial Animal Purchases
The State Bank of Pakistan (SBP) is poised to roll out a QR code payment system via Raast to streamline…
Roshan Digital Account Hits $8 Billion in Remittances from Overseas Pakistanis
The Roshan Digital Account (RDA) from overseas Pakistanis have now exceeded $8 billion. According to the State Bank of Pakistan…
Unprecedented Petrol Price Increase Expected in Pakistan
Pakistan may experience an unprecedented rise in petrol prices, as the International Monetary Fund (IMF) has recommended that the government…