- 15 May, 2024
June 9, 2023
PM constitutes committee to address reservations of Balochistan Awami Party
- . June 9, 2023
Prime Minister Muhammad Shehbaz Sharif has constituted a committee to address the reservations of Balochistan Awami Party (BAP) regarding the development projects and problems of Balochistan.Chairman Senate Sadiq Sanjrani, Federal Ministers Ishaq Dar,…
Third, Type 054-Alpha ship built in China for Pakistan Navy arrives in Karachi
- . June 9, 2023
The third, Type 054-Alpha ship built in China for Pakistan Navy has arrived in Karachi.The ship, PNS Shahjahan reached Karachi port where it was given a warm welcome. Commander Pakistan Fleet Rear Admiral Faisal Abbasi took round of the ship and congr…
Govt Announces Tax Relief for Freelancers, IT Sector and Bank Loans
- . June 9, 2023
The federal government has decided to reduce tax rates on investments in the IT sector, offer tax breaks to freelancers, and normalize duty-free equipment to encourage investment in this sector.In today’s budget 2023–24 presentation, Finance Minister …
Govt Increases Withholding Tax on International Credit Card Spending by 5 Times
- . June 9, 2023
The federal government has decided to increase the Withholding Tax (WHT) on international credit card transactions from 1 percent to 5 percent in the fiscal year budget 2023-24, while the WHT on non-ATL will be increased from the current 2 percent to …
Faysal Bank Partners with TenX for Analytical CRM and AI-Driven Data Analytics
- . June 9, 2023
Faysal Bank Limited (FBL), one of the leading Islamic Banks in the country, and TenX Private Limited (formerly Analytics Pvt. Ltd.) are proud to announce the successful deployment of Connect 360, an advanced analytical Customer Relationship Management…
Govt Imposes Tax on Non-Filers For Cash Withdrawals Exceeding Rs. 50,000
- . June 9, 2023
The federal government has decided to impose a flat 0.6 percent tax on citizens not appearing on the Federal Board of Revenue’s (FBR) Active Taxpayer List (ATL).According to the budget documents, this tax regime on cash withdrawals would help document…