Karachi, August 28, 2023 – The Federal Board of Revenue (FBR) took a significant step on Monday by issuing new rules that make it mandatory for corporate entities to declare their beneficial owners.
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Top stories featuring the most important and trending news updates from politics, business, world affairs, and breaking events across various sectors.
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Citizens Rush to Attain Active Taxpayer Status to Avoid Soaring Electricity Bills
Karachi, August 28, 2023 – In a remarkable development, a significant surge has been observed in Pakistan’s Active Taxpayers List (ATL), driven by citizens seeking this status to circumvent skyrocketing electricity bills.
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Dollar Touches New Peak at PKR 302 Against Rupee in Interbank Closing on August 28
Karachi, August 28, 2023 – In a concerning development for Pakistan’s economy, the US dollar soared to a historic high of PKR 302 at the close of the interbank foreign exchange market on Monday, August 28.
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Pakistani Rupee Hits New Intraday Low at PKR 301.75 Against Dollar
Karachi, August 28, 2023 – The Pakistani Rupee (PKR) experienced a new intraday low against the US dollar on Monday, reaching PKR 301.75 during trading.
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Prime Minister Orders Swift Plan to Reduce High Electricity Bills
In a determined effort to tackle the mounting issue of excessive electricity bills, Caretaker Prime Minister Anwaar-ul-Haq Kakar has taken charge by demanding a comprehensive plan featuring tangible steps to rationalize power tariffs.
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CBU Motor Vehicle Imports Surge by 51% in Dollar-Scarce Pakistan
Karachi, August 27, 2023 – Pakistan finds itself grappling with a severe scarcity of US dollars for its foreign obligations, but an unexpected development has emerged amidst these economic challenges. In July 2023, the import of Completely Built Unit (CBU) motor vehicles witnessed a remarkable surge of 51%, defying economic odds.
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Jamaat-e-Islami Announces Nationwide Protest Against Soaring Electricity Tariffs
Jamaat-e-Islami on Sunday declared its intent to stage a countrywide protest on Saturday, September 02, 2023, decrying the significant surge in electricity tariff rates.
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FBR Surprises Key IRS Officers with Reshuffle on Sunday
Karachi, August 27, 2023 – In a surprising move, the Federal Board of Revenue (FBR) announced a major reshuffle of officers within the Inland Revenue Service (IRS) on Sunday, August 27, 2023.
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Caretaker Prime Minister Kakar Calls Urgent Meeting on Electricity Bills Issue
Quetta, August 26, 2023 – Caretaker Prime Minister Anwaar-ul-Haq Kakar has taken swift action on the pressing issue of electricity prices and consumers’ bills.
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Inevitable Petroleum Price Hike Looms for Pakistan in Early September 2023
Karachi, August 26, 2023 – Pakistan is on the brink of implementing a second round of price increases for petroleum products in the first half of September 2023.
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