Government Withdraws Withholding Tax on IT sector
On Friday, Minister for Finance and Revenue Miftah Ismail announced that the government has now decided to withdraw withholding tax and condition of statements...
Pakistan Becomes the Third Fastest Growing Market on Amazon
Pakistan has become the third fastest-growing market on Amazon in 2022, just a year after joining the sellers' list of the American retail behemoth....
SBP Receives $2.3 Billion Chinese Loan to Boost its Reserves
Pakistan has received the long-awaited $2.3 billion Chinese consortium loan in a bid to improve its foreign exchange reserves. The Finance Minister of Pakistan,...
Government Increases Tax Rates for Salaried Class to Fulfill IMF’s Demands
In order to fulfill the demands of the International Monetary Fund (IMF), the government has passed the burden to the salaried class by increasing...
KSE-100 Index Crashes After the Announcement of Super Tax on Industries
On Friday, the Pakistan Stock Exchange (PSX) collapsed just minutes after Prime Minister Shehbaz Sharif declared a 10 percent ‘super-tax’ on large-scale manufacturers and...
Unblocking Non-Approved Phones Was a Tactical Move, Claims PTA
In the recent news, Pakistan Telecommunication Authority (PTA) has now unblocked non-approved cell phones in Pakistan. Pakistanis rejoiced with this new development as they...
