Dispute Arises Over Tax Jurisdiction Between FBR and AJ&K Authorities
The Ministry of Finance has sought clarification from the FBR to determine whether the jurisdiction for collecting and deducting these
World Bank Ranks Pakistan in 4th Quintile for Business Environment Challenges
The World Bank has placed Pakistan in the fourth quintile—i.e., the group of economies that grapple with a challenging business
Sirbaz Khan Becomes First Pakistani to Summit All 14 of the World’s 8,000-Meter Peaks
On Friday, Sirbaz Khan made history by becoming the first Pakistani to summit all 14 of the world’s 8,000-meter peaks.
PIA Bidders Demand More Time, Tax Breaks, and Stake Increase
The Senate Standing Committee on Privatization recently held an in-depth discussion regarding the privatization of Pakistan International Airlines (PIA). Officials
New Alleged Tax Fraud Scheme in FBR’s POS System Exposed
Retailers in Pakistan are reportedly finding new ways to circumvent the Federal Board of Revenue’s (FBR) Point of Sale (POS)
SECP Issues New Regulations for Tech-Based Distribution of Life Insurance Savings Products
The Securities and Exchange Commission of Pakistan (SECP) has issued regulatory requirements for the sale of life insurance savings products
Senate Committee to Deliberate on “Regulation of Artificial Intelligence Bill 2024”
The Senate Standing Committee on IT and Telecom is poised to discuss the “Regulation of Artificial Intelligence Bill 2024” in
Pakistan Business Council Backs FBR’s Plan to Restrict Cash Withdrawals for Non-Filers
The Pakistan Business Council (PBC) has reiterated its call for an independent and equitable fiscal policy, separate from the Federal
ISPs Ask Govt to Take Current Internet Issue More Seriously
Since June 2024, Pakistan has been grappling with persistent internet issues, leaving consumers, Internet Service Providers (ISPs), and the IT
IMF Mission Chief Hints Current Loan Program Could Be Pakistan’s Last
In a recent interview with Voice of America, Nathan Porter, the International Monetary Fund’s (IMF) Mission Chief for Pakistan, suggested
