News & Updates

2024-06-12 00:00:00
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Direct-to-Home TV, Radio Licenses to Attract $2-3 Billion Investment: Economic Survey

New licenses for Direct-To-Home (DTH) services will be issued by the Pakistan Electronic Media Regul...
2024-06-12 00:00:00
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FBR Is Trying Very Hard to Avoid Investigating Its Officers For Selling Non-Custom Items

Federal Board of Revenue (FBR) customs authorities are trying hard to avoid the investigation agains...
2024-06-12 00:00:00
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Govt to Present Rs. 18.9 Trillion Federal Budget 2024-25 Today

Finance Minister Muhammad Aurangzeb will present the federal budget 2024-25 in parliament today. Thi...
2024-06-12 00:00:00
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Govt to Increase Tax on Profit for Non-Filers

The federal government of Pakistan is likely to increase tax for non-filers on profit earned from ba...
2024-06-12 00:00:00
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WHT for Purchase of Property for Non Filers Could Go upto 20%: Sources

In order to increase the cost of doing business for non-filers, the Federal Government of Pakistan o...
2024-06-11 00:00:00
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Tax Exemptions Cost National Exchequer Nearly Rs. 4 Trillion in FY24

Tax exemptions surged to Rs. 3.879 trillion during the outgoing fiscal year 2023- 2024 (FY24). The P...
2024-06-11 00:00:00
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World Bank Forecasts Pakistan’s GDP to Grow By 2.3% in FY25

The World Bank has projected Pakistan GDP growth rate at 2.3 percent for fiscal year 2024-25. The Ba...
2024-06-11 00:00:00
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Here’s How Much Pakistani Freelancers Earned During FY24

Pakistan-based freelancers contributed foreign exchange earnings worth $350.15 million during fiscal...
2024-06-11 00:00:00
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PSX Holds Gong Ceremony on Listing of Fast Cables Ltd.

Pakistan Stock Exchange (PSX) held a gong ceremony to celebrate the listing of Fast Cables Limited (...
2024-06-11 00:00:00
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Pakistan Has 100,000 More Donkeys Than Last Year: Economic Survey

The population of donkeys in Pakistan has increased by 100,000 (275 a day) from 5.8 million to 5.9 m...
2024-06-11 00:00:00
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Pakistan’s Education Spending as Percentage of GDP Lowest in Region: Economic Survey

The cumulative education expenditures by federal and provincial governments declined as percentage t...
2024-06-11 00:00:00
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Electricity Consumption in Pakistan Decreased in 9 Months of FY24 Despite Higher Capacity

The overall electricity consumption in the country stood at 68,559 GWh in July-March FY24 compared t...
2024-06-11 00:00:00
Admin

Car Industry Fell in A Ditch in FY24: Economic Survey

Growth of the automobile sector plunged by 37.4 percent against a contraction of 42.2 percent growth...
2024-06-11 00:00:00
Admin

Here is How Much Telcos Are Now Earning From Every User

The Mobile Average Revenue Per User (ARPU) rose to Rs. 284 per month during July-December FY24, acco...
2024-06-11 00:00:00
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Consumer Financing in Pakistan Registered Negative Growth of 6.1% in FY24

Consumer loans followed a declining path during July-March FY 2024, according to the Pakistan Econom...
2024-06-11 00:00:00
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Pakistan’s Agriculture Sector Grew by Over 6% in FY24

The agriculture sector in Pakistan witnessed robust growth in FY2024, with an overall increase of 6....
2024-06-11 00:00:00
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Finance Minister Unveils Economic Survey 2023-24

Finance Minister Muhammad Aurangzeb Tuesday unveiled Economic Survey for the outgoing fiscal year 20...
2024-06-11 00:00:00
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Coca-Cola Appoints Volkan Öngüç as New Vice President for Pakistan & Afghanistan Region

Volkan Öngüç has taken charge as the new Vice President for the Pakistan and Afghanistan Region of E...
2024-06-11 00:00:00
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Rupee Depreciates 2nd Day in a Row Despite Ahead of Budget

The Pakistani rupee (PKR) lost further ground 2nd day in a row against the US Dollar today after ope...
2024-06-11 00:00:00
Admin

Hoechst Pakistan Board Accords Approval to Finalize Terms for Acquisition of Products from Sanofi Affiliates

Hoechst Pakistan Limited (PSX: HPL) is set to finalize acquisition of certain products along with as...

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