The recent restructuring of the FBR Single Portal initiative marks a major milestone in Pakistan’s journey toward modern, transparent, and secure tax administration. By bringing the Federal Board of Revenue (FBR) and all four provincial
Category: Business
Pakistan Approves Exploration of 23 Offshore Oil and Gas Reserves
The exploration of offshore oil and gas reserves in Pakistan has taken a major step forward as the Directorate General of Petroleum Concessions (DGPC) officially approved the exploration of 23 new offshore blocks
Parag Agrawal’s AI startup parallel web systems raises $100 million to build Web infrastructure for AI agents.
SAN FRANCISCO: Former Twitter CEO Parag Agrawal’s startup Parallel Web Systems has raised $100 million in a Series A funding round to develop web search […]
Gold Prices Drop in Pakistan and Global Markets After Two-Day Break
After a brief two-day break, gold prices have recorded a noticeable decline in both global and local markets. The international bullion rate fell, leading to a direct impact on domestic gold rates in Pakistan.
Pakistan Stock Market Surges as Hundred Index Rises by 313 Points
The Pakistan Stock Market witnessed a strong surge during trading on the third day of the business week, signaling renewed investor confidence and market recovery after recent fluctuations
FBR launches historic nationwide audit of income tax returns using AI tools.
The Federal Board of Revenue (FBR) is preparing to conduct a comprehensive and historic audit of income tax returns across Pakistan this year. According to […]
Increase in Gas Production Boosts Pakistan’s Energy Outlook
A significant increase in gas production from Sindh’s Gambat South Block 2 has brought encouraging news for Pakistan’s energy and economic landscape. Pakistan Petroleum Limited (PPL) has confirmed this development,
Pakistan Stock Exchange Decline Deepens as 100 Index Falls Sharply
The Pakistan Stock Exchange decline continued this week as the market faced heavy selling pressure, causing the benchmark KSE-100 Index to drop by 3,667 points. By the close of the trading session
Germany eyes stronger lithium and trade partnership with Bolivia amid new leadership.
Germany’s Foreign Minister, Wadephul, has highlighted Bolivia’s strategic importance as a supplier of critical raw materials, particularly lithium — an element essential for electric mobility, […]