The recent change in the status of petroleum products from zero-rating to sales tax exemption is expected to save the government nearly Rs. 20 billion
The Federal Board of Revenue (FBR) has implemented a new directive for manufacturers of lead batteries, requiring them to deduct 80 percent of the applicable
The Finance Act, 2024, has introduced several significant changes to Pakistan’s sales tax regulations, impacting various sectors and supply chains. One of the major updates
Lucky Motor Corp. is set to unveil Kia’s latest lineup of electric vehicles (EVs) later this year. This new range will include the EV5, EV9,
The Power Division has announced the privatization of electricity distribution companies nationwide. In the initial phase, the privatization will involve the following companies: Read More:
Amazon’s stock plummeted by over 8% on Friday after the company revealed that online sales growth in the second quarter had slowed, and that consumers
In response to ongoing economic difficulties, the federal government is considering income tax relief for the salaried class. Prime Minister Shehbaz Sharif has tasked the
On Thursday, Intel announced plans to cut more than 15% of its workforce, equating to approximately 17,500 employees, and suspend its dividend starting in the
On Wednesday, the US Embassy in Pakistan announced a significant reduction in visa appointment wait times across various categories to enhance the efficiency of the
Hascol Petroleum Limited has released its financial results for the quarter ending March 31, 2024. The company reported a consolidated loss after tax of Rs.
Prime Minister Shehbaz Sharif has announced a 10-day extension for the payment of electricity bills, offering relief to consumers amid ongoing economic challenges. The Power
The price of chicken meat has seen a sharp increase in Lahore and other cities across Punjab, with the current rate in Lahore exceeding Rs650
