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Warning!! Budget May Increase Taxes on Food, Books, and Daily Essentials
With a record tax revenue target for FY26, the federal government is proposing tax hikes on essential items like food, books, and stationery in the Budget 2025-26 — a move that could intensify the inflation burden on ordinary citizens. As…
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Hassan Raza Appointed as New CEO of Bank of Khyber
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The Bank of Khyber (BOK) has appointed Hassan Raza as its new Managing Director and Chief Executive Officer, effective November 11th, 2024. This announcement comes…
Roshan Digital Accounts See Inflows Exceeding $9 Billion
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The Roshan Digital Accounts (RDA) initiative has achieved a significant milestone by surpassing the $9 billion cumulative inflows mark as of November 7, 2024. Since…
Govt Launches $50M ‘Climaventures’ to Power Climate Investments
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ISLAMABAD: Pakistan made a significant stride toward climate resilience and innovation with the launch of the groundbreaking Climaventures project by the National Rural Support Program…
Pakistan’s October 2024 Remittances Hit $3.05bn, Reflecting 24% Annual Growth
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The State Bank of Pakistan (SBP) released data indicating that the inflow of overseas workers’ remittances into Pakistan was $3.052 billion in October 2024, a…
Urgent Reforms Needed for Pakistan’s E-Commerce Policy, Experts Say
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KARACHI: Experts emphasized the pressing need to update Pakistan’s e-commerce policy, which was last revised in 2019; in a workshop here on Thursday. Dr. Rajan…
FTO Urges FBR to Strengthen Cybersecurity Following Rs 81.43 Billion Tax Fraud Incident
3 min read
The Federal Tax Ombudsman (FTO) has called for immediate measures to secure taxpayer data and take action against those responsible for a major cybersecurity breach…
IT Ministry Proposes Tax Relief and Support Measures to Boost IT Exports and Freelance Sector
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The Ministry of Information Technology and Telecom has put forward a set of proposals aimed at boosting Pakistan’s IT export potential while creating a more…
Silkbank Receives Board Approval for Merger with UBL
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On November 6, 2024, the board of directors of Silkbank Limited (PSX: SILK) granted in-principle approval for a potential merger with United Bank Limited (PSX:…
Dollar Climbs, Bitcoin Breaks Records, and Stock Market Soars After Trump Win
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As early election results came in for the US presidential election on Wednesday, traders bet on Donald Trump to win, which caused the dollar to…
SBP Grants In-Principle and Pilot Operations Approvals to EMIs and PSOs/PSPs
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The State Bank of Pakistan (SBP) has granted in-principle approval to Toko Lab Private Limited and Accept Technologies Private Limited (PayMob) for establishing their operations…
PSEB Opens Bidding for Nationwide e-Rozgar Centers
3 min read
The Pakistan Software Export Board (PSEB) has launched a nationwide program to encourage IT startups and specialized digital training by officially inviting applications to build…
Farrukh Sabzwari Appointed as CEO of PSX, Set to Serve for Three Years
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Farrukh H. Sabzwari has been appointed Chief Executive Officer (CEO) of Pakistan Stock Exchange Company Limited (PSX) for a term of three years, effective November…
SBP Chief Reports October Remittances Exceed $3 Billion
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KARACHI: The State Bank of Pakistan (SBP) is anticipating $500 million from the Asian Development Bank (ADB) this week, and higher foreign inflows are expected…
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