Business

Business

Bitcoin Hits Historic $70,000 Mark Amid Crypto Frenzy and Market Optimism

Bitcoin surged to an unprecedented peak of $70,000, reflecting investors' ongoing enthusiasm for cryptocurrencies. The surge was partly fueled by…

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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…

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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…

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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…

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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…

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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…

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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…

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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…

3 Min Read

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…

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