Business
Business
FBR Slaps Massive 90% Tax on Non-Filers’ Mobile Balances
The Federal Board of Revenue (FBR) has proposed an additional withholding tax on non-filers. The tax rate has drastically increased…
IMF Highlights Pakistan’s $9.1 Billion Financing Gap and Debt Repayment Challenges
The International Monetary Fund (IMF) reports that Pakistan faces a substantial external financing gap of $9.1 billion over the next…
Pakistan Launches Five-Year Privatization Program for State-Owned Enterprises
The Privatization Commission has formulated a five-year program to privatise all government-owned commercial entities, which will be presented to the…
IMF Highlights Delays and Challenges in Pakistan’s Economic Reforms
The International Monetary Fund (IMF) has expressed concerns regarding delays in governmental reforms in Pakistan. On Friday, it highlighted that…
Telecom Operators Begin Manual SIM Blocking for Tax Non-filers
On Friday, telecom operators agreed to manually block SIMs for non-filers in stages, resolving a week-long tax regulation deadlock. This…
WHO Recommends 37% Hike in Federal Excise Duty on Cigarettes
The health ministry is considering increasing the Federal Excise Duty (FED) on cigarettes by 20%. In comparison, the World Health…
Pfizer Exits Pakistan as Lucky Group Acquires Operations
Pfizer Pakistan, a prominent international pharmaceutical corporation, has divested its entire operations to Lucky Group, exiting the Pakistani market. Pfizer's…
PSX Surges Past 73,000 Points Amid Positive Economic Forecasts
The Pakistan Stock Exchange (PSX) witnessed a robust trading session on Friday, with the KSE-100 index climbing 427.45 points, or…
Solar Panel Prices Drop Sharply in Pakistan Amid Rising Power Costs
As power bills soar in Pakistan, the demand for solar panels has increased significantly. This surge in interest has coincided…