News & Updates

Pakistan Inks Multiple Conventions on Avoidance of Double Taxation

Pakistan has inked four conventions with foreign tax jurisdictions for the Avoidance of Double Taxation and the Preventi...

Pakistan’s Gas Reserves Depleting by 10% Every Year as Demand Continues to Rise

The Ministry for Energy (Petroleum Division) disclosed on Friday that over 10 percent of gas is depleted annually from r...

SBP Relaunches Dedicated Portal for Complaints of Banks’ Customers

The State Bank of Pakistan (SBP) has relaunched a dedicated portal Sunwai for addressing issues and complaints of custom...

Here’s How Much Electricity Units WAPDA Generated in 2023

The Water and Power Division Authority (WAPDA) announced that the year 2023 has been highly satisfying for its hydel gen...

Swipe to Get Up to 60% Off at Everything Via Golootlo X PayPak

Golootlo, Pakistan’s top discount app has been in collaboration with PayPak since over 3 years has been providing irresi...

FBR Introduces New Rules to Document Sales Tax Collection Data of Provinces

The Federal Board of Revenue (FBR) has initiated the SWAPS Rules 2023 to streamline the collection of information regard...

ECC Emphasizes on Measures to Ensure Price Stability

Federal Minister for Finance Dr Shamshad Akhtar presided over a meeting of the Economic Coordination Committee (ECC) of...

Infinix HOT 40 Series: Redefining Mobile Gaming – Features You Can’t Ignore

When searching for the ultimate gaming phone, it’s crucial to recognize that game performance isn’t solely dictated by t...

Finance Ministry Warns of Higher Markup Payments Despite Fiscal Controls

Crescent Steel Secures Rs. 2.1 Billion Contract from Sui Southern

Crescent Steel & Allied Products Limited announced on Thursday that it has been awarded a contract worth Rs. 2.1 billion...

Banks to Remain Closed for 3 Days Again

Banks, Development Finance Institutions (DFIs), and Microfinance Banks (MFBs) will remain closed for three consecutive d...

Rupee Rises for 12th Straight Day Against US Dollar

The Pakistani Rupee (PKR) continued its upward against the US Dollar (USD) for the 12th successive session on Thursday a...

Commerce Ministry Likely to Release Rs. 37 Billion DLTL to Aid Exporters

The Commerce Ministry is planning to release Drawbacks on Local Taxes and Levies (DLTL) worth Rs. 37.306 billion to expo...

Spark Beyond the Ordinary: TECNO SPARK 20 Launches in Pakistan

Pakistan’s premium smartphone brand, TECNO has just launched the most awaited SPARK 20 from its popular SPARK series. Wi...

World Bank Director Tells Pakistan to Overhaul its Economy

FBR Announces 16 Working Groups to Transform Customs

The Federal Board of Revenue (FBR) has taken a comprehensive approach to revamp the Customs Department, signaling signif...

Pakistan Business Council Calls for Lower Power Tariffs to Boost Economic Growth

The Pakistan Business Council (PBC) has called on the government to reduce power tariffs, emphasizing the negative impac...

Zong 4G and HANDS Initiate a Collaborative Effort to Make Digital Education Accessible for Youth

Zong 4G, Pakistan’s Leading Telecommunication Company has partnered with the Health and Nutrition Development Society (H...

Avanceon Ltd Sign $3.6 Million Agreement for Smart City Solution in Makkah

Avanceon Arabia InfoTech (AAIT), a subsidiary of Avanceon, has agreed with Umm Al-Qura for Development & Construction Co...

Exchange Companies Adopts New Mechanism for Issuing Exchange Rates

The Exchange Companies Association of Pakistan (ECAP) has implemented a new mechanism for issuing exchange rates for six...

Profit Repatriation Surges 312% in First 5 Months of FY24

In the first five months of the fiscal year 2024 (FY24), the repatriation of profits and dividends by foreign investors...