New Islamabad Convention Center Plan Put on Hold
Notably, the plan to build a new convention center in Islamabad for next year's Shanghai Cooperation Organisation summit has been put on hold, sources…
Tag: Business
Punjab Slaps Property Tax on Home Tuition, Academies and Coaching Centres
Notably, the Punjab administration has imposed property tax on home tuition setups, academies and coaching centers operating in residential areas by bringing them under…
PIMS Hospital Fails 60% Performance Audit
Pakistan Institute of Medical Sciences (PIMS) has failed to meet around 60 percent of the indicators assessed in its performance audit, achieving only 39.7…
SECP Proposes New Rules to Make Insurance Guarantees Safer
Notably, the Securities and Exchange Commission of Pakistan has proposed major reforms to create insurance bonds and guarantees safer and more reliable for construction…
Govt Set to Remove Extra Duties Under New Auto Policy
Pakistan's new auto policy is in its final stages and is projected to be rolled out shortly, Special Assistant to the Prime Minister Haroon…
PTA Sets New Standards for Bluetooth, Wi Fi, GPS and NFC Devices
Notably, the Pakistan Telecommunication Authority has introduced detailed technical standards for Bluetooth, Wi Fi, Global Positioning System, Near Field Communication and Radio Frequency Identification…
Petrol Pump Owners Shockingly Unaware How Rs. 100 Subsidy Works
Petrol pump owners have expressed a lack of awareness regarding the government's Rs.
Only 181 Retailers File Returns Under Aasaan Tax Scheme Despite 3.5 Million…
For context, the Federal Board of Revenue has received only 181 simplified tax returns under the Aasaan Tax Scheme for retailers so far, generating…
SBP Clarifies Rules for Fintechs After Sandbox Testing
In practice, the State Bank of Pakistan has clarified that successfully completing regulatory sandbox testing does not mean a product or service has received…
Govt Procurement System Allegedly Fails at PIMS
Pakistan Institute of Medical Sciences (PIMS) has allegedly observed multiple technical and procedural challenges in the government's Electronic Public Procurement and Disposal System (EPADS)…