Karachi, August 25, 2020: “Sialkot needs massive development but governments, both Federal or Provincial, are not providing financial resources despite the importance of Sialkot as a leading center of seven important export sectors. The Sialkot private sector has contributed its own funds to repair roads, build an Airport, set up schools for children of workers,…
Karachi, June 15, 2020: The State Bank of Pakistan (SBP) has issued its flagship annual publication, the Financial Stability Review (FSR) for CY19. The Review presents performance and risk assessment of various segments of the financial sector including banks, non-banking financial institutions, financial markets, non-financial corporate and financial market infrastructures. The FSR notes that the…
Quratulain Y Azher Islamabad, June 9, 2020: Tax payments and fees on mobile consumers and operators in Pakistan are among the highest in developing Asia, said Global System for Mobile Communications (GSMA) in its report. Accordingly, customers various accounts of taxes including GST of 17 to 19.5 on mobile services, Rs 300, 1,000 on handsets,…
Karachi, June 02, 2020: Suleman Chawla, President, SITE Association of Industry has said that the value added textile export sector has reached to the verge of disaster due to severest ever liquidity crisis in the history of Pakistan caused due to imposition of 17 percent sales tax in last budget whereby liquidity worth billions of…
Karachi, May 22, 2020; “We need to forget about the way education was delivered in the pre-COVID19 era, we can’t and must not go back to the old state” said Sajjeed Aslam, head of ACCA Pakistan. ACCA (the Association of Chartered Certified Accountants) hosted a series of conversations with representatives from higher education, school system, corporate…