PIA slashes salaries by 50%
PIA issued a notification according to which a cut of 50% in the allowances and special salaries of the technical staff such as aircraft...
18% less income tax returns for 2020, help desks for filing extension
In a move to facilitate return filers, Federal Board of Revenue (FBR) has asked the field formations to establish help desks to receive income...
SECP: Gender diversity induces better financial performance in Pakistan
The Security and Exchange Commission of Pakistan (SECP) has discovered a direct positive correlation between gender diversity in the boards of listed companies and...
Volkswagen to enter Pakistani automobile market in 2022
Volkswagen (VW) has announced that it will start production of vehicles in Pakistan by 2022. Volkswagen's entry into the Pakistani automobile market will give...
AlKaram Textile signs 6 year export agreement with US clothing brand Gap Inc.
Pakistani textile brand, AlKaram Textile Limited, has received an order from the renowned American brand Gap Inc. for six years. The Managing Director of AlKaram...
“Skills for All” program delayed till next year due to COVID-19
A project multibillion-rupee project within the prime minister’s special package to revive industries has been suspended due to the Covid-19 pandemic. The government had...
Nestle announces plan to reduce net greenhouse gas emissions to zero by 2050
In a global live online conference yesterday, Nestle announced that it had created a ‘roadmap’ to bring its net greenhouse gas emissions to zero...
The future of banking; a lethal phenomena
In a world of COVID 19, we are facing challenging times as we realign our strategies to ensure smooth transition-from stagnancy to re-growth. Most...
Pakistan’s new startup airline, AirSial welcomes it first Airbus A320
AirSial, a new startup airline, founded in 2017 is set to commence its flights from 15th December. On Saturday, it welcomed its first of...
Tax holiday, and import duty concessions announced for Quaid-e-Azam Business Park (QABP)
The federal government has announced a tax holiday for Quaid-e-Azam Business Park (QABP). The grant also includes exemption from duties and taxes on import...
Indian farmers are rising up against Modi’s ‘Great Reset’
The Indian capital saw heated clashes on Friday after security forces fired tear gas and water cannons to stop a farmers’ march that was...
Indian economy enters recession for first time since independence
MUMBAI: India’s economy contracted 7.5 percent between July and September, putting it among the worst-performing major advanced and emerging economies as it entered a...