An image of representation for electronic commerce. – Reuters / File IMF discussions focus on spending reductions, higher tax revenue. Online shopping considered as a keyword of tax revenue. FBR may require platforms to perceive the sales tax. Islamabad: the government is considering various measures to pass the electronic trade under the tax umbrella in … Read more
The Minister of Finance Muhammad Aurangzeb approaches a press conference one day after having published the country’s annual federal budget for the financial year 2024-25 in Islamabad on June 13, 2024. – AFP Pakistan opened at the IED of American companies, explains the Minister of Finance. Said it is a bigger canvas that we plan … Read more
The smartphone with the binance logo displayed and the representation of cryptocurrencies are placed on a keyboard in this illustration taken on June 8, 2023. – Reuters The leaders of Binance met those responsible for the US Treasury last month and discussed the establishment of the government government of the company, while exploring a trade … Read more
Edwin S Porter in 1903 is considered “The Great Train Robbery” widely as one of the first major narrative films-using a collection of advanced technologies at the time to tell a true story (in 12 minutes) instead of recording the short article. This also helped consolidate the Western as a particularly appropriate form for this … Read more
The PM Shehbaz Sharif meets the presidents of the Chambers of Commerce in Islamabad on March 12, 2025. – PID Everyone should work together for the development of the economy: PM. The government taking all possible measures to facilitate the business world. Delegations praise the power coalition Economic stability measures. Islamabad: Prime Minister Shehbaz Sharif … Read more
An undated image of incarcerated Pakistani scientist Dr Aafia Siddiqui. —Facebook@FreeAafiaSiddiquiNow/File Siddiqui says: “I am… the victim of pure and simple injustice.” “One day, Inshallah, I will be free from this torment,” she said. In a 76,500-word filing, his lawyer urges Biden to grant clemency. Dr. Aafia Siddiqui, a Pakistani neuroscientist currently serving an 86-year … Read more
The Federal Board of Revenue (FBR) has initiated consultations with key stakeholders to finalize proposals for the Federal Budget 2025-2026, focusing on phasing out tax exemptions, increasing revenue generation and rationalization of tax laws. In an official communication to business associations such as Federation of Pakistan Chambers of Commerce and Industry (FPCCI), American Business Council, … Read more
A technician works on porcelain insulators on an electrical transmission tower in Karachi. — Reuters/File IPP contract changes could save Rs411 billion annually: sources. Tariff revision for bagasse power plants saves Rs238 billion. The extension of the winter electricity assistance program is also under study. ISLAMABAD: The federal government is working on various options to … Read more
A view of a huge traffic jam on the main Sharea Faisal thoroughfare due to a sit-in protest in Karachi on December 29, 2024. —Online After Kurram Jirga decision, sit-ins should end: govt spokesperson Sindh government asks MWM to move sit-ins in front of press club. Sit-ins against the Parachinar killings continue in 14 places … Read more
A unit of the Kuwait Petroleum Corporation. — AFP/File KUFPEC will “recover its investments” by selling assets. The company’s decision has raised serious concerns among policymakers. PEL also confirms having made advance payments to KUFPEC. ISLAMABAD: Kuwait Foreign Petroleum Exploration Company (KUFPEC) has started the process of exiting Pakistan’s oil and gas sector by selling … Read more
A representative image of pylons and power lines. — Reuters/File The Ministry of Energy writes a letter to the Ministry of Finance in this regard. The FY25 budget includes Rs 1,229 billion in energy subsidies. The IMF recommends institutionalizing anti-theft procedures. ISLAMABAD: To avoid slippages due to the escalation of circular debt agreed with the … Read more
Roger Carstens, the Biden administration’s top official for the release of Americans detained abroad, is in Syria on a high-risk mission: making the first known face-to-face contact with the interim government and asking for help find missing American journalist Austin Tice. Carsten spoke to CBS News in an exclusive interview for “Face the Nation.”