Russia confirmed Friday that it had started exporting oil to Pakistan and had agreed to accept Chinese currency as payment, clarifying that the South Asian country did not receive any exclusive discounts on the purchase deal.Pakistani Prime Minister S…

A delegation representing the All Pakistan Mobile Phone Traders Association led by General Secretary Munir Baig Mirza visited Pakistan Telecommunication Authority (PTA) Headquarters today.The delegation met with PTA Chairman Major General (R) Hafeez U…

The Pakistani rupee rebounded against the US Dollar during intraday trade today after opening trade at 287.5 in the interbank market, pushing higher by over Rs. 4 in a matter of hours.The Pakistani rupee was bullish all day with the interbank rate ris…

Numerous countries now provide residence and citizenship through investment programs, commonly known as golden visa programs.These programs offer a range of appealing investment opportunities tailored to meet the specific needs of each family.In an in…

Minister of State for Petroleum Musadik Malik says the first Russian cargo carrying 45,000 metric tons discounted crude oil will enable government to manage inflation in coming months and would give relief to common man.Talking to a private TV channel…

The Federal Board of Revenue (FBR) will establish an International Centre of Tax Excellence to have the input of independent tax experts while drafting the tax policy of the country.Under the proposed section “230J” in the Income Tax Ordinance 2001, t…

In a landmark development for the country’s energy sector, the first ship carrying Russian crude arrived in Karachi on Sunday.Oil products tanker Pure Point, carrying 45,142 metric tons of crude oil, has successfully anchored at berth number OP-2. Ano…

Muhammad Zohaib Khan, Chairman of Pakistan Software Houses Association ([email protected]), has apprised that there are some indications that the government is contemplating an incentives package for the IT and ITeS industry to boost IT exports in FY2…

Pakistan has unveiled its 2024 budget, and the focus is on avoiding a potential default. The nation is gripped by an economic crisis, and the coalition government led by Prime Minister Shebhaz Sharif is struggling to keep inflation in check. Kamran You…

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…