Islamabad, August 7, 2023 – Pakistan’s Prime Minister Muhammad Shehbaz Sharif announced the government’s commitment to fully implement one window operations to facilitate Chinese investors in the country, especially those involved in the China Pakistan Economic Corridor (CPEC).
(more…)Author: Mrs. Anjum Shahnawaz
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Beep Pakistan Launched for Secured Communications
Islamabad, August 7, 2023 – Pakistan’s first-ever communication application, “Beep Pakistan,” was officially launched by the Federal Minister for IT and Telecommunication, Syed Amin Ul Haque, in a ceremony held on Monday.
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FBR Chairman Rejects Tax Exemption for Realtors Amid IMF Stand-By Arrangement
Islamabad, August 7, 2023 – In a meeting with representatives from the real estate sector, Malik Amjed Zubair Tiwana, the Chairman of the Federal Board of Revenue (FBR), firmly declined to grant any tax exemption to the realtors.
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Tragic Train Collision in Pakistan Leaves Many Dead and Injured
Islamabad, August 6, 2023 – A tragic accident occurred near Nawabshah in Sindh Province as a passenger train collided, resulting in multiple fatalities and serious injuries.
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Pakistan’s National Flag Carrier Faces Dire Future Without Corrective Measures
The Minister for Aviation, Khawaja Saad Rafique, issued a stern warning on Friday, stating that Pakistan International Airlines (PIA), the country’s national flag carrier, could be confronted with catastrophic losses of Rs 259 billion by 2030 unless immediate corrective measures are taken.
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FBR Headquarter Staff to Present on Weekly Holidays 5th and 6th August
Tax officials stationed at the Federal Board of Revenue (FBR) headquarters have received a directive to report for duty on the upcoming weekly holidays, specifically Saturday, August 5, and Sunday, August 6, 2023.
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Prices of Essential Items Surge by 30% in Pakistan
Islamabad, August 4, 2023 – Pakistan is facing an alarming surge in the prices of essential consumer items, with a staggering 30% increase Year on Year (YoY) by the week ended August 3, 2023.
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President Alvi Directs UBL to Refund Defrauded Amount and Address Online Fraud Concerns
Islamabad, August 4, 2023 – President Dr. Arif Alvi has taken a significant step to protect banking customers and combat online fraud in Pakistan.
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Pakistan and Iran Aim to Increase Bilateral Trade to $5 Billion in Five Years
Pakistan and Iran on Thursday, August 3, 2023 unveiled a comprehensive five-year trade cooperation plan with the aim of increasing bilateral trade to $5 billion, as the two countries seek to enhance economic ties and collaboration.
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Section 7E Compliance Halts Property Transactions in Pakistan
The implementation of the mandatory requirement to comply with section 7E payment has brought property documentations across Pakistan to a near halt.
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