The Prime Minister’s Office on Wednesday declared that the retail sector owes an additional amount of Rs. 455 billion of income tax in FY2024-25. This brings the total amount to 617 billion. 617 billion. Breakdowns released from the Federal Board of Revenue (FBR) indicate that the actual growth over the prior year was the equivalent of Rs. 133…
In a significant turn of events, Apple and other major U.S. companies may soon receive special exemptions from tariffs imposed on Chinese imports. As trade tensions continue to shape global commerce, these exemptions could provide substantial financial relief and supply chain flexibility for top tech firms. This development highlights the complex intersection of politics, economics,…
The automotive industry is undergoing a radical transformation, and BYD (Build Your Dreams) is at the forefront with its revolutionary Super e-Platform. This next-gen platform introduces Megawatt Flash Charging, making EV charging as fast as refueling a gasoline vehicle. With this breakthrough, BYD is setting new benchmarks for electric mobility, offering convenience, speed, and sustainability….
Introduction Pakistan’s trade deficit has seen a sharp increase of 33.4% in February 2025, raising concerns about the country’s economic stability. The widening gap between exports and imports indicates deeper economic challenges that could impact inflation, currency depreciation, and overall economic growth. In this blog, we will explore the reasons behind this surge, its impact…
Faysal Bank Ltd., a leading Islamic bank in Pakistan, has joined forces with Alliance Network to revolutionize digital payment solutions for Small and Medium Enterprises (SMEs). This strategic partnership aims to expand the digital payment infrastructure across Pakistan, empowering businesses with advanced, cashless payment options that drive revenue growth and promote financial inclusion. Enhancing Shariah-Compliant…
In today’s fast-paced, tech-driven world, businesses are facing an unprecedented shift towards digital transformation. As more companies pivot to online platforms, the question arises: how can businesses stay ahead in this rapidly evolving landscape?The key to success in the digital economy lies in adaptability and innovation. Businesses that can harness the power of digital tools…
