Amid challenging operational conditions such as forex volatility and inflation, policymakers are urged to take several measures to reduce currency risks and create stability in
The federal government of Pakistan has introduced a fixed federal excise duty of Rs 5,000 on air tickets for passengers traveling to Gulf countries on
Pakistan has commenced exporting vehicles and spare parts to the global automotive market, thanks to the support of the Special Investment Facilitation Council (SIFC). Indus
A significant development for Pakistan’s economy has emerged with the discovery of a new oil and gas deposit in Kohat. Located in the Kawargarh formation
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
