Business
Business
Proposed Increase in Taxes on Luxury Items in Pakistan’s FY2023-24 Budget
In the fiscal year 2023-24 budget, the federal government is considering a tax hike on cell phones, automobiles, and other…
Pakistan’s Supreme Court Abstains from Economic Affairs: The K-Electric Case
Pakistan's Chief Justice, Umar Ata Bandial, clarified on Monday that the Supreme Court won't get involved in economic issues due…
Pakistan’s Roosevelt Hotel Leased to NYC Administration: Key Updates from Railways and Aviation Minister
Khawaja Saad Rafique, Minister for Railways and Aviation, affirmed on Sunday that Pakistan International Airlines' prized Roosevelt Hotel has been…
PM Shehbaz Sharif Calls for Expanded Turkish Investment in Pakistan
During his visit to Turkey for President Recep Tayyip Erdogan's swearing-in ceremony, Prime Minister Shehbaz Sharif urged Turkish investors and…
Pakistan’s FY24 Budget Outlook Amid Economic Turbulence
Given the increased cost of mark-ups due to high interest rates, the coalition government is projected to propose a budget…
EOBI Anticipates Pension Increase to Rs10,000 in Next Federal Budget
The upcoming federal budget for the next fiscal year is anticipated to bring an increase in pension from the Employees…
Toyota Pakistan Temporarily Halts Production Due to Raw Material Import Challenges
Indus Motor Company Limited (IMC), one of Pakistan's leading automakers, declared a six-day suspension of its production plant beginning from…
Anticipated 50% Rise in Pakistan’s Natural Gas Prices from July
Beginning in July, at the start of the new fiscal year, natural gas prices in Pakistan are anticipated to rise…
Pakistan Authorizes ‘B2B Barter Trade Mechanism’ with Iran, Afghanistan, and Russia
The 'Business-to-Business (B2B) Barter Trade Mechanism' has been officially sanctioned by the federal government of Pakistan to foster trade with…