Islamabad, March 15, 2021: The United States Mission to Pakistan, along with the Peshawar Electric Supply Company (PESCO), celebrated the successful completion of a pilot project to help decrease electricity theft and increase power revenue in Peshawar. Under the project, the U.S. Agency for International Development (USAID) installed 157 kilometers of anti-theft cable and…
Karachi, March 12, 2021: The Stop Legal Trade (SIT), an advisory forum for the prevention of illicit trade in the country, has urged the FBR and relevant government agencies to accelerate the efforts of curbing illicit trade so that the financial capacity of the government can be enhanced. In a statement, the SIT spokesperson lauded…
Karachi: July 27, 2020: iTecknologi Group of Companies has posted an annual revenue of Rs 1 billion during the FY 2019-20. The management lead by the Group Chief Executive Officer Salman Hussain, extended their gratitude towards all its personnel, partners, customers and stakeholders for their hard-work, commitment and patronage that resulted in this great success. Commemorating…
Karachi, July 08, 2020: Telenor Microfinance Bank has reported revenue of PKR 18 billion for the financial year ended December 31, 2019. This was led by an impressive expansion in the branchless banking customer base of the Bank’s Easypaisa wallet. A two-fold increase in Year-Over-Year wallet accounts was witnessed with more than 3 million increase…
Today Pakistan has a lower tax-to-GDP ratio as compared to regional and other countries, which is causing serious disparity between various sectors of the economy. All the segments of the society are not contributing their due share of tax on their income in accordance with their contribution in GDP. For example industrial sector contributes 20.3…