The federal government has released details of national and foreign debt up to June this year, as reported by the Ministry of Finance. The data was presented to the National Assembly. As of June this year, Pakistan’s domestic debt stood at Rs71 trillion, comprising over Rs47 trillion in domestic loans and more than Rs24 trillion […]
LAHORE: On August 26, the Pakistan Cricket Board (PCB) officially announced the appointment of five legendary cricketers as mentors for the upcoming Champions ODI Cup. Now the perks and packages of these mentors has hit the news. Former captains Misbah-ul-Haq, Sarfraz Ahmed, and Waqar Younis, along with seasoned players Saqlain Mushtaq and Shoaib Malik are […]
A Hungarian airline “Wiz Air” has introduced a scheme under which you have to pay money only once and you can travel on as many flights as you want throughout the year. According to the scheme, passengers will have to pay 499 Euros annually and will be able to travel on as many flights as […]
KARACHI: The Federal Board of Revenue (FBR) on Saturday issued a notices to the traders in Karachi, demanding an advance tax payment of Rs 60,000 per month under the Tajir Dost Scheme, ARY News reported. FBR Karachi’s regional tax office issued a notice to the shopkeepers in the metropolis, demanding an advance tax payment of […]
ISLAMABAD: The federal government’s tax adjustments in the Budget 2024-25 have resulted in a decrease in net salaries for numerous employees across both public and private sectors, despite nominal pay raises. According to government officials, the changes in tax rates for salaried individuals have led to a situation where, even with salary increases, higher tax […]
A U.S. court has ordered bankrupt cryptocurrency exchange FTX to pay $12.7 billion in relief to its customers, the Commodity Futures Trading Commission said on Thursday. FTX drew customers in with “an illusion that it was a safe and secure place to access crypto markets,” then misappropriated their customer deposits to make its own risky […]
KARACHI: The Karachi Metropolitan Corporation (KMC) started collecting a municipal tax in K-Electric (KE) bills from July, ARY News reported. According to the details, the Municipal Utility Charges and Taxes (MUCT) rates vary according to the consumption of the KE consumers. The domestic consumers who are using 101 to 200 units will be charged Rs […]
The CEOs of Britain’s biggest companies enjoyed record pay in 2023, with nine firms offering them packages of more than 10 million pounds ($12.75 million), research on Monday showed, as British workers argue for higher wages. The median pay for a FTSE-100 company CEO rose 2.2% to 4.19 million pounds last year, think tank the […]
The resolution to pay tribute to Arshad Nadeem has been unanimously approved in the Punjab Assembly. The resolution was presented in the Punjab Assembly by government member Samiullah Khan. According to the text, Arshad Nadeem is the first athlete to win a gold medal. Taxes on sale of houses, flats and plots have been increased […]
A U.S. court has ordered bankrupt cryptocurrency exchange FTX to pay $12.7 billion in relief to its customers, the Commodity Futures Trading Commission said on Thursday. In March, FTX founder Sam Bankman-Fried was sentenced to 25 years in prison for stealing $8 billion from customers. “The order requires FTX to pay $8.7 billion in restitution […]