We’ve all heard about those big shots who’ve struck it rich and seem to be living in a world of luxury. It’s easy to assume they just got […]
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The government asked to reduce the tax burden on multinational corporations
KARACHI: The Representative Chamber of Foreign Investors said on Monday that the government should streamline the “unreasonably high taxes” on the corporate sector after the introduction of new […]
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45 days to settle tax disputes
Islamabad: The government has made it mandatory for the Federal Revenue Board (FBR) to resolve tax disputes within 45 days. Significant changes have been introduced to streamline the […]
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The rupee incurred the seventh consecutive loss against the dollar
KARACHI: The rupee suffered its seventh consecutive loss against the dollar, depreciating 1.11 rupees in the interbank market on Monday, despite claims of stability and high hopes as […]
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Raising the basic brokerage account cap
Karachi: Pakistanis can now invest up to 1 million rupees in the Pakistan Stock Exchange (PSX) through the “ultra-simplified” Sahulat account, which offers “extraordinary ease” of account opening. […]
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The government refuses to budge on the power tariff increase
ISLAMABAD: Despite strong opposition from consumers, the power division and power regulator has not budged on increasing the National Standard Electricity Tariff by up to 26% (Rs 7.5 […]
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Margins have been raised to appease petrol traders
KARACHI: The federal government has agreed to increase margin for petroleum traders by 1.64 rupees per liter after a marathon meeting on Monday, in a bid to thwart […]
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Signing the Landmark LNG agreement
In a historic move aimed at supporting businesses and families during difficult times, Pakistan has entered into a landmark agreement with Azerbaijan to secure liquefied natural gas (LNG) […]