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LAHORE: The organised retail industry, which comprises roughly 5% of Pakistan’s total retail sector, is feeling the heat of higher taxation and economic uncertainty. Stakeholders claim that the sector’s physical presence is
ISLAMABAD: Minister for Information Technology and Telecommunication Shaza Fatima Khawaja announced on Monday that the training of young Pakistanis in information technology and artificial intelligence, with assistance from Huawei, will commence next
ISLAMABAD: In a crucial meeting with the Senate finance committee, representatives of the Pakistan Retail Business Council (PRBC) presented their point of view against the proposed increase in sales tax from 15%
ISLAMABAD: The federal government has allocated an amount of Rs600 million for the Naya Pakistan Certificates in the next financial year beginning July 2024 and has also revised profit rates on the
KARACHI: Despite being a shortened two-day trading week, the Pakistan Stock Exchange (PSX) scaled a fresh peak above 78,800 points over investor enthusiasm following no increase in taxes on capital gains and
NEW YORK: Electric vehicle startup Fisker is headed towards liquidation, attorneys said in US bankruptcy court on Friday, as two creditor factions previewed a battle over which group will be paid first.
ISLAMABAD: Remittances from the export of information and communication technology (ICT) services surged to $332 million in May 2024, reflecting an astounding increase of 40.7% compared to export earnings of $236 million
ISLAMABAD: While hitting back at politicians for striking compromises with traders and keeping the tax body incapacitated, the Federal Board of Revenue (FBR) said on Friday that it would increase property valuations
KARACHI: Pakistani currency came under mild pressure at the resumption of trading post-Eid holidays on Thursday as the rupee depreciated Rs0.09 to a one-week low at Rs278.60/$ in the inter-bank market, triggered
Pakistanis who believe the country is heading in the right direction increased from 12% to 18%, according to a latest Consumer Confidence Index Survey report by market researchers Ipsos. The survey, conducted
