More than 1,500 runners, including local and foreign athletes, participated in the first certified international marathon in Karachi. The event was organized by Sports in Pakistan in collaboration with the government of Sindh . Speaking as a chief guest, Dr. Junaid Shah, Minister for Sports, Culture, and Youth, Government of Sindh, said the international marathon…
The city of lights, Karachi, will host the internationally certified marathon for the first time in Pakistan on June 28, which is expected to be attended by hundreds of runners, including national and international athletes. The internationally certified marathon is being held by Sports in Pakistan in collaboration with the caretaker provincial government of Sindh….
In a collaborative effort to strengthen the fight against tax evasion, the Federal Board of Revenue (FBR) and the Financial Monitoring Unit (FMU) have joined forces. This strategic partnership aims to enhance financial oversight and address illicit financial activities that may contribute to tax evasion. The collaboration between the FBR and the FMU signifies a…
In a significant development, the Lahore High Court (LHC) orders directives to the Federal Board of Revenue (FBR) to amend the Sales Tax Act. The court’s ruling emphasizes the need for amendments aimed at safeguarding the rights of taxpayers within the framework of sales tax regulations. The LHC’s decision comes as a response to petitions…
As the upcoming Monetary Policy Committee (MPC) meeting draws near, financial experts express their expectations of a maintained stability in the policy rate. The consensus among analysts suggests that the State Bank of Pakistan (SBP) is likely to keep the policy rate unchanged in its ongoing efforts to balance economic growth and inflation control. The…
In a call for a comprehensive and sustainable energy shift, experts are urging the government to chart a clear path towards the widespread adoption of renewable energy. The push for a holistic transition comes as the world increasingly recognizes the importance of sustainable energy sources to combat climate change and ensure long-term environmental viability. The…
In a noteworthy development for Pakistan’s economic landscape, the State Bank of Pakistan (SBP) witnesses a substantial increase in reserves, amounting to $243 million. This surge in reserves is attributed to the recent disbursement of a tranche from the International Monetary Fund (IMF), marking a positive stride in the country’s financial stability. The injection of…
The Kaliwal Zalmi League Season 3, proudly presented by GTR Tyre, has culminated in an extraordinary cricketing spectacle, showcasing the raw talent and passion that define the heart of cricket in Khyber Pakhtunkhwa (KPK). The event, featuring a record-breaking 782 teams and over 12,500 young cricketers, unfolded across the vibrant landscapes of the province. The…
President Federal B Area Trade and Industries (FBATI), Syed Raza Hussain, said the decision to cut down the power tariff by 7 cents will give a little relief to industrial consumers across the country. Lauding the role of the caretaker government in announcing the reduction of the power tariff from 16 cents per KWh to…
Faysal Bank Limited, a leading Islamic financial institution known for its commitment to technological innovation with Sharia compliance, announced a strategic collaboration with OPay, a global fintech giant with a proven track record in providing cutting-edge digital payment solutions. The collaboration aims to empower the entire spectrum of small, medium, and large enterprises to accept…
