The Government Plans to introduce a Mobile Device Policy, which will also cover policies relating to laptops and tablets assembling and manufacturing in Pakistan. Chinese Laptop Company has expressed interest in setting up a laptop and tablet manufacturing industry in Pakistan. The Chinese company specializes in the production of laptops, fingerprint devices, and tablets. SAPM…
The Auditor General of Pakistan (AGP) has revealed that a sharp rise in withholding tax collection during FY24 was primarily driven by higher deductions on salaried income. According to the latest report published by AGP on Inland Revenue and Customs, withholding tax collection reached Rs2.74 trillion in 2023-24, accounting for more than 60 percent of…
Muttahida Qaumi Movement (MQM) Pakistan has taken legal action against the National Electric Power Regulatory Authority (NEPRA) for approving a tariff mechanism that allows K-Electric to recover theft-related losses and unpaid bills from consumers. In its petition to the Sindh High Court, MQM argued that NEPRA’s July 18 order unfairly shifts Rs74 billion worth of…
Atlas Honda has rolled out a service relief campaign for motorcycle owners in flood-affected regions of Pakistan, offering discounted maintenance as part of its support efforts. Between 22 and 27 September 2025, customers visiting selected 3S dealerships will receive free motorcycle checkups and up to 50% off on labour charges. The company said the initiative…
Apple’s newly launched iPhone 17 series is enjoying strong sales and positive reviews, but durability concerns are already surfacing among some early buyers. According to Bloomberg, owners of the Deep Blue iPhone 17 Pro and Space Black iPhone Air have reported visible scratches within just days of use. Most marks appear on the glass panel…
The local bourse kicked off rollover week on a volatile footing, as profit-taking spells weighed on sentiment. The benchmark index swung sharply, hitting an intraday high of 812 points before slipping to a low of 791 points, and eventually closed at 157,554 — down 482 points or 0.31%. Caution also stemmed from a rise in…
Cricket South Africa (CSA) has announced its squads for the Pakistan tour, confirming leadership changes and the surprise comeback of Quinton de Kock. The Proteas will play two Tests, three T20Is, and three ODIs from October 12 to November 8, with fixtures scheduled in Lahore, Rawalpindi, and Faisalabad. Temba Bavuma has been ruled out of…
An audit report has revealed that Pakistan International Airlines (PIA) caused a financial loss of Rs 9.43 billion by distributing free and heavily discounted tickets between 2011 and 2016. According to the findings, more than 258,000 tickets were issued free of charge, while another 116,000 were sold at a discount of up to 95 percent….
The Federal Board of Revenue (FBR) has reminded taxpayers that September 30 is the final date for filing income tax returns, urging individuals and businesses to make timely submissions. Officials said accurate declarations are essential to avoid penalties and ensure compliance. To support filers, the FBR has introduced a simplified tax return form aimed at…
The Pakistan Stock Exchange (PSX) began the week on a bullish note, with the benchmark KSE-100 Index advancing more than 500 points in early trade on Monday. By 10:25am, the index was recorded at 158,570.89, reflecting an increase of 533.52 points or 0.34%. Strong buying was seen across key sectors including automobiles, cement, banks, oil…