Business

Knitwear, garments, and bedwear drive textile exports growth by 7.39%, but cotton products decline amid challenges in innovation and market diversification Pakistan’s textile exports increased by 7.39% in the fiscal year 2024-25, reaching $17.88 billion, up from $16.65 billion in the previous year, according to the latest data.  Ad powered by advergic.com While this growth […]

ISLAMABAD: Federal Tax Ombudsman (FTO) has taken notice of the issue of Federal Board of Revenue’s (FBR) inefficiency to timely seek data from the Federal Investigation Agency (FIA) about the golden visas issued by the United Arab Emirates (UAE) to the resident Pakistanis, making huge investments aboard. After the elapse of more than five years

The Punjab government is stepping up with a bold new initiative to tackle unemployment and promote eco-friendly transport. A new Interest-Free E-Taxi Program is being introduced, where the government will provide 1,100 electric taxis to eligible youth on easy, interest-free installments. This smart move is part of Chief Minister Maryam Nawaz’s broader “Green Punjab Vision 2025”, aimed at replacing

The Income Tax Act 1961, offers a higher basic exemption limit to senior citizens under the Old Tax Regime. Senior Citizens above 60 years of age but not above 80 years enjoy a basic exemption limit of Rs. 3 lakhs. Whereas, Super Senior Citizens above 80 years of age enjoy a basic exemption limit of Rs.