Pakistan is contemplating significant changes to its tax policies, with plans to withdraw tax exemptions on imports in the upcoming budget for the fiscal year 2024-25.
(more…)Author: Mrs. Anjum Shahnawaz
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PM Shehbaz Forms Body to Ease Retailer and Trader Registration
Prime Minister Shehbaz Sharif has taken proactive steps to address the challenges hindering the registration process for retailers and traders under the Tajir Dost Scheme.
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China Issues Red Alert Amid Geomagnetic Storm
China’s National Center for Space Weather raised alarms on Saturday with a red alert following the detection of a potent geomagnetic storm expected to persist over the weekend.
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Pakistan Met Predicts Hot and Dry Weather for May 12
Karachi, May 11, 2024 – The Pakistan Meteorological Department (PMD) has issued a weather forecast predicting hot and dry conditions for Sunday, May 12, 2024, across most parts of the country.
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Foreign Investors Propose Demonetization of Rs 5,000 Banknote
Islamabad, May 11, 2024: In a bold move aimed at curbing cash transactions and enhancing tax compliance, foreign investors operating in Pakistan have proposed the government to demonetize the Rs 5,000 banknote.
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Pakistan Reports Notable Decrease in Weekly Inflation by 1.39%
Pakistan observed a welcome decline in weekly inflation, with a decrease of 1.39 percent for the week ending May 9, 2024, compared to the prior week.
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Thunderstorms Expected in Many Parts of Pakistan on May 11
Islamabad, May 10, 2024 – The Pakistan Meteorological Department (PMD) has issued a weather alert for Saturday, May 11, 2024, predicting thunderstorms across multiple regions of the country.
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PM Shehbaz Directs Formulating Export-Friendly Trade Policy
Islamabad, May 10, 2024 – Prime Minister Shehbaz Sharif has instructed government officials to craft a new trade policy that prioritizes export enhancement and is friendly to business interests.
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Aurangzeb Directs FBR to Intensify Detection of Sales Tax Fraud
Islamabad, May 10, 2024 – In a move to clamp down on rampant sales tax fraud and the circulation of fake invoices, Finance Minister Muhammad Aurangzeb instructed the Federal Board of Revenue (FBR) to intensify their detection and investigatory efforts.
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PTA Issues New Guidelines for International Mobile Roaming
ISLAMABAD, May 9, 2024 – The Pakistan Telecommunication Authority (PTA) has introduced comprehensive guidelines aimed at streamlining International Mobile Roaming (IMR) services for cellular mobile operators (CMO) across Pakistan, Azad Jammu and Kashmir (AJK), and Gilgit-Baltistan (GB).
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