Salaried Pakistanis paid more income tax than the retail and real estate sectors combined in the first quarter of the fiscal year, according to preliminary Federal Board of Revenue data. Income tax collected from salaried individuals reached Rs 144 billion between July and September, around Rs 90 billion higher than the combined Rs 54 billion […]
Around 40 percent of power loom units in Faisalabad and nearby towns have reportedly shut down, as the textile sector comes under growing pressure from cheaper Chinese imports, rising utility costs and higher taxes. Industry representatives say the closures have left more than 100,000 workers without jobs, raising concerns about employment and the future of […]
MCB Bank has lost all six appeals against orders requiring it to compensate customers affected by an alleged fraud at its Haji Pura branch in Sialkot. The Banking Mohtasib Pakistan had ordered the bank to pay six customers a combined Rs 21.67 million along with applicable profit. The bank challenged the decisions, but the President’s […]
Pakistan has revised fuel prices once again, with petrol becoming more expensive while high speed diesel gets a small cut. Effective from October 8, petrol will rise by Rs 1.82 per litre, bringing the new rate to Rs 396.65 per litre. High speed diesel will become cheaper by Re 0.91 per litre and will now […]
TouchPoint, in collaboration with Soneri Bank Limited, has introduced Pakistan’s first weatherized outdoor ATM, a significant step in the country’s banking technology landscape. The outdoor ATM is powered by Diebold Nixdorf’s DN Series 230A technology, designed to operate efficiently in demanding outdoor environments. Unlike conventional machines, the weatherized solution is built to withstand varying weather […]
The International Monetary Fund has reached a staff level agreement with Pakistan that could unlock around 1.2 billion dollars in financing, subject to approval by the Fund’s Executive Board. The agreement covers reviews under Pakistan’s Extended Fund Facility and Resilience and Sustainability Facility programmes. If approved, the latest disbursement would take total financing released under […]
Sophiya Anjam, a Pakistani radio host, television presenter and professional emcee, is marking 20 years in media, a career that began with FM91 in Pakistan and now spans radio, television, events, digital media and education. She made her radio debut on 13 December 2006 with FM91, entering Pakistan’s emerging FM scene, and became a familiar […]
Philip Morris Pakistan Limited has completed construction of a 30,700 litre water storage tank in Rigayul, Skardu, Gilgit Baltistan, in collaboration with the Hashoo Hunar Association. The facility is expected to directly benefit 100 households. The tank was built to strengthen water security and improve access for local families, giving the community a dependable supply […]
POVA is coming back to Pakistan after more than two years, and TECNO has confirmed the return. The company describes the new arrival as a Beauty and a Beast packed into a single phone. The comeback was driven by fans. For two years, one question followed TECNO Pakistan across its social channels, launch posts, direct […]
Highfy has made a fast start with its new mobile app. Two weeks after launch, the app has 22,000 downloads, with more than half already placing their first order. Founder Hanzala Raja says the response felt expected. For five years, customers sent the same messages about missing orders and repeated logins. The app was built […]
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