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What you need to know about FBR’s online business licensing?
The Federal Board of Revenue (FBR) has developed a method for vendors/integrated companies seeking licenses to operate online business integration. The FBR published SRO 1845(l)2023 to update the 2002 Income Tax Rules. So, what’s this all about? The recent regulations…
Privatization in Pakistan: Is it enough?
On November 16th, Pakistan’s privatization commission instructed officials to guarantee that the process of privatizing loss-making state-owned enterprises moves at a “fast pace.” But is privatization in Pakistan enough to make the structural changes the economy needs? First, let’s explain…
Why bitcoin price in Pakistan is increasing?
Bitcoin is a digital currency also referred to as cryptocurrency. It’s like online money which isn’t controlled by any bank. It works on a blockchain, which is a very secure system where people use Bitcoin to buy stuff. But beware…
Can’t expect the economy to recover under the total debt of Pakistan
Managing the economy of a country is a difficult task. It becomes more complicated when the country has an enormous burden of debt. The debt of Pakistan has now climbed to the sky. This, in turn, has led to the…
What You Need to Know About PSDP Funds?
This year, the Ministry of Finance the Planning, Development and Special Initiatives (PD&SI) Division notified about releasing funds for the development budget out of the Public Sector Development Programme (PSDP) allocation for the current fiscal year 2023-24 for approved projects.…
Pakistan extends invitations to foreign investors to tap into its various sectors
Pakistan’s President Arif Alvi has been working on improving the business ventures in Pakistan. He has extended an open invitation to foreign investors and businesses to explore the business opportunities in the country. He has urged foreign investors to tap…
The illegal Afghans are not to be blamed for Pakistan’s economic crisis
The decision of the caretaker government to deport the illegal Afghan immigrants has given rise to a heated debate across the country. There are conflicting points of view on this issue. The government has decided after the constant deterioration of…
Pakistan’s interest rate remains static despite economic pressures
The State Bank of Pakistan has revealed that the interest rates will stay the same. To top it off, there will be a rise in the interest rates in the coming future. According to a news source published on October…
FBR body formed to help taxpayers submit sales tax returns
According to a news source published on October 23, the Federal Board of Revenue (FBR) has made a new body for the convenience of the taxpayers. This significant step has been taken to ensure that taxpayers submit sales tax returns…