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Yearly Archives: 2020

Turkish President to Unveil the Heavy Business-to-Business Agenda

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On the invitation of Prime Minister Imran khan, Turkish President Tayyip Erdogan is arriving today for a two-day visit in Islamabad. As per the information, he will...

SBP to Increase Payment Limit for Freelancers from $5,000 to $25,000

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As per the statement released by the State Bank of Pakistan (SBP), there would be a substantial increase in the payment limits of freelancers working in...

FBR to Impose Additional Tax on Certain Items

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The Federal Board of Revenue (FBR) may generate additional revenue of Rs. 200 billion by imposing a standard rate of 17% GST on particular items subjected...

Heavy Amount of Taxes on Petroleum-Based Products

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Ministry of Petroleum & Natural Resources has revealed the tax details on petroleum goods to the National Assembly. As per the report provided by the Ministry, the government...

The Government reveals a 16% Increase in Hajj Package for the Year 2020

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As per special assistance to Prime Minister Imran khan, the federal government has approved hajj policy for the year 2020. During the media briefing, Minister for...

IMF Strict Conditions- A Major Threat to the Country’s Economy

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The direction of the country’s economy needs to be corrected otherwise; the current economic condition may lead to great haram in the near future.  Chamber of...

The government is intended to Borrow Rs. 1.9 Trillion

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During the last 15 months, there is a 40% increase in Pakistan's public debt, the government is planning on borrowing more Rs. 1.9 trillion for financing...

Moody’s Latest Report “Banking System Outlook – Pakistan” for Banking System

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Moody’s latest report Banking System Outlook – Pakistan stated, “that high-interest rates, government's narrow revenue base and heavy debt burden coupled with substantial structural constraints to economic...

Malaysia Automakers to Start Manufacturing in Pakistan

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Malaysian automaker Proton is going to start the production in Karachi during the first half of the year 2021. The plant in Karachi would be the...

British Companies to Invest in the E&P Sector

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As per the official statement released on Tuesday, the Government of Pakistan has invited British companies to invest in the E&P sector. For this purpose, a...
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