IMF Wants to Tax Pakistan’s Agriculture, Real Estate and Retail Sectors
Negotiations on the first review of Pakistan’s $3 billion Standby Arrangement have turned up the heat as the International Monetary Fund (IMF) has called for the imposition of taxes on the retail, real estate, and agricultural sectors, Federal Bureau …
Rawalpindi Traffic Police Delivers Cheeky Helmet Warning After Angelo Mathews’ Bizarre Dismissal
Rawalpindi City Traffic Police (CTP) on Wednesday made good use of Sri Lankan batter Angelo Mathew’s ‘timed out’ dismissal against Bangladesh at the 2023 World Cup and issued a traffic awareness message of its own, warning motorcyclists that wearing a…
Punjab Govt Exempts IT Sector From ‘Anti-Smog’ Lockdown Order
The Caretaker Government of Punjab has exempted the IT sector from its anti-smog smart lockdown order and included it in the category of essential services. The notification issued by the government states that e-commerce, international IT centers, ca…
Bank Alfalah Official Statement Clarifies Misconceptions on Ban on Donations
In reference to the leaked internal memo, Bank Alfalah has released an official statement.Bank Alfalah Limited has issued an official statement to clarify the “misunderstanding” created by an internal memo that has been circulating on social media. Th…
Stakeholders Request PM to Hire Professionals For Revival of Pakistan Steel Mills
The Pakistan Steel Mills Stakeholders Group has written a letter to the Caretaker Prime Minister, demanding the reconstitution of the board of Pakistan Steel Mills and the appointment of professional management.The group believes that appointing the s…
You Can Get Schengen-Like Visa for UAE, Saudi Arabia and Other Arab Countries Soon
Tourists will soon be able to visit countries such as Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates (UAE) with a unified Schengen-like visa.The scheme, which is expected to go live around 2024/2025 across six nations, was ma…
Sarmayacar Unplugged: Rethinking Startups and Launching New Climate Fund
The year is 2016. 3G and 4G mobile internet services have just launched. Smartphone adoption and broadband internet usage are growing by the millions monthly, and by all accounts, a tech revolution is brewing in Pakistan.However, the country’s nascent…
Pakistan is Extremely Vulnerable to Balance of Payment Crises, India Resilient: Moody’s
Pakistan is the most vulnerable to balance of payment (BOP) crises among the South Asian sovereigns, says Moody’s Investors Services (Moody’s).The rating agency in its latest report ‘Sovereigns – South Asia Low trade openness fuels vulnerability to sh…