Islamabad, November 24, 2023 – Pakistan is facing a severe economic challenge as the inflation rate, based on prices of essential commodities, has surged beyond 41 percent.
(more…)Author: Mrs. Anjum Shahnawaz
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Pakistan Develops New Documentation Law to Bring Wholesalers and Retailers in Tax Net
Islamabad, November 24, 2023 –Pakistan has developed a new documentation law aimed at bringing wholesalers and retailers under the tax net.
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Pakistan Optimistic About $1.5 Billion Inflows Soon After IMF Disbursement
Islamabad, November 24, 2023 – Pakistan is optimistic about receiving $1.5 billion in inflows from various donor agencies soon after the disbursement by the International Monetary Fund (IMF).
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Current Petroleum Prices in Pakistan on November 24, 2023
The current petroleum prices in Pakistan on November 24, 2023 and onwards are as: Petrol per liter is Rs 281.34; and High Speed Diesel per liter is Rs 296.71.
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PM Kakar Urges Media to Play Role in Drive Against Smuggling and Power Theft
Islamabad, November 23, 2023 – Caretaker Prime Minister Anwaar-ul-Haq Kakar has called upon the media to actively participate in creating public awareness regarding the government’s ongoing initiatives, particularly the drive against smuggling and power theft.
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Pakistan Advocates for Simplified Job Procedures in Saudi Arabia
Islamabad – Pakistan has communicated its desire for the simplification of procedures to facilitate its citizens seeking employment opportunities in Saudi Arabia.
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World Exports of Intermediate Goods Fall by 8% in Second Quarter of 2023, Says WTO
A report released by the World Trade Organization (WTO) on Monday revealed that world exports of intermediate goods (IGs) experienced a significant year-on-year decline of 8% in the second quarter of 2023, amounting to US$ 2.3 trillion.
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Tax Evaders Get Chance to Avoid Harsh Action Under Pakistan Laws
Karachi, November 19, 2023 – In a bid to encourage voluntary compliance and streamline tax processes, tax evaders in Pakistan now have the opportunity to avoid severe consequences by paying fines and penalties at the preliminary stage of investigation.
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Major Companies Boycott X Over Controversial Comments by Elon Musk
In a startling turn of events, prominent companies such as Apple, Disney, and IBM have ceased advertising on X following a wave of controversy sparked by an alleged antisemitic post by the platform’s owner, Elon Musk.
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Pakistan Faces Staggering 42% Surge in Inflation Triggered by Essential Item Prices