1 year ago Airblue, Gerry’s Group Lead Bidders as PIA Sale EoI Deadline Hits Today The sale of Pakistan International Airlines (PIA) has attracted significant interest from several major players, including Airblue Ltd. and travel
1 year ago Senate Committee Approves Raising Electricity Surcharge Cap to Meet IMF Conditions The Senate Standing Committee on Finance on Thursday approved an amendment to increase the maximum surcharge limit on electricity bills,
1 year ago Govt to Impose Tobacco Levy to Fund Daanish University in Islamabad The federal government plans to introduce a levy on tobacco products to finance the operational expenses of a new Daanish
1 year ago Online Academies, Teachers to Face Tax Under New FBR Plan The federal government has approved a proposal to bring online private educational institutions and academies under the tax net. Federal
1 year ago Pakistan Raises Over Rs. 1.2 Trillion in Government Bond Auction, Launches First 15-Year Zero Coupon Bond The Ministry of Finance successfully raised more than Rs. 1.2 trillion in a major government bond auction held on Wednesday,
1 year ago Pakistan Signs $1 Billion Financing Facility with Middle Eastern Banks, Backed by ADB The Ministry of Finance has signed a syndicated term finance facility of $1,000 million partially guaranteed by a Policy Based
1 year ago Senate Committee Approves Hike in Withholding Tax on Cash Withdrawals by Non-Filers to 1% The Senate Standing Committee on Finance on Wednesday approved a proposal to increase the withholding tax on cash withdrawals by
1 year ago PM Shehbaz Forms High-Level Committee to Accelerate Cashless Economy and Digitization Prime Minister Muhammad Shehbaz Sharif on Wednesday established a high-level committee, chaired by himself, to promote a cashless economy and
1 year ago Senate Committee Recommends Zero Tax on Annual Salaries Up to Rs. 1.2 Million The Senate Standing Committee on Finance on Wednesday recommended exempting annual incomes up to Rs. 1.2 million from income tax,
1 year ago Careem Exits Pakistan’s Ride-Hailing Market Careem, one of the pioneering ride-hailing services in Pakistan, announced it will shut down its ride-hailing operations in the country