UK Lifts Years-Long Ban on Pakistani Airlines
In a significant boost for Pakistan’s aviation sector, the United Kingdom’s Air Safety Committee has officially lifted its restrictions on
Starlink Satellite Internet Launch in Pakistan is Confirmed
Pakistan is on the verge of launching its first satellite-based internet service, with Elon Musk’s Starlink expected to begin operations
Pakistan Eyes $1 Billion Valuation for New York’s Roosevelt Hotel, Approves Joint Venture Redevelopment
Pakistan is seeking a valuation of at least $1 billion for its prized Roosevelt Hotel in Manhattan and is ready
FBR Denies Slapping 20.5% Tax on Cash Transactions of Rs. 200,000
The Federal Board of Revenue (FBR) has categorically denied reports circulating in the media about the imposition of a 20.5
Federal Cabinet Approves Establishment of Pakistan Virtual Assets Regulatory Authority
The Pakistan Federal Cabinet has formally approved the summary for the creation of the Pakistan Virtual Assets Regulatory Authority (PVARA),
Overseas Pakistanis Granted “Filer” Status for Property Transactions
In a significant move, the Federal Board of Revenue (FBR) has clarified that overseas Pakistanis who are not registered tax
Salaried Class Bears Brunt of Income Tax Burden, Paying More Than Exporters and Retailers Combined
The salaried class in Pakistan contributed a record Rs. 545 billion in income tax during the fiscal year 2024–25 (FY25),
Majority of Consumers Pay Rs. 10 Per Unit for Electricity in Pakistan: Secretary Power
A Senate panel was informed on Wednesday that 58 percent of electricity consumers in Pakistan are receiving power at a
CCP Upholds Rs. 150 Million Penalty Against Reckitt’s Strepsils
The Competition Appellate Tribunal (CAT) has dismissed the appeal filed by Reckitt Benckiser in the Strepsils case due to non-prosecution.
FBR Slashes Regulatory and Additional Customs Duties on Over 1,000 Imported Items
In a major tariff reform move, the Federal Board of Revenue (FBR) has issued two key statutory regulatory orders (SROs)
