The government is considering raising the withholding tax (WHT) on cellular services from 10 percent to 15 percent in the forthcoming mini-budget.The advance tax on telecom services was originally cut

As many as 250 containers, carrying Kinnow from Punjab to Karachi, have been stuck at the National Highway in Qazi Ahmed town of Shaheed Benazirabad district of Sindh due to

The recent amendments carried out through the Companies Amendment Bill, 2021 would significantly promote start-ups, business innovation, entrepreneurship and improve the general business climate in the country.Significant amendments include the

The cost of Islamabad Model Prison, a project started in 2017 with an estimated cost of Rs. 3.9 billion, has escalated to Rs. 12 billion due to the increase in

Gulf Islamic Investments LLC, a UAE-based Company, has also shown its interest in acquiring shares of Samba Bank being one of the partners of Fatima Fertilizer Limited in the potential

Pakistan and Asian Development Bank (ADB) will sign six financing loan agreements worth $1.535 billion on Wednesday, according to official sources privy to the development. Minister for Economic Affairs, Omar

Overjet, a Pakistani Led startup, has raised $42.5 million in a Series B funding round led by General Catalyst and New York-based venture capital firm, Insight Partners. Other investors in

The PTI government will pay $55 billion in foreign debt payment during its five years tenure that ends in 2023, claimed the Minister for Information and Broadcasting Fawad Chaudhry.In a

Auto financing has broken all previous records this year with a massive increase in demand resulting from the arrival of new cars and decreased rates of interest. Ironically, it had

Railway Constructions Pakistan Limited (RAILCOP) has signed a memorandum of understanding (MoU) with M/s Al Furqan Holdings Private Ltd and BIL Pakistan (Pvt.) Ltd for the construction of a new

Shoaib Mumtaz has assumed the charge of Acting President and CEO of MCB Bank Ltd with effect from 21 December (today). Mumtaz replaces outgoing President and CEO, Imran Maqbool, whose