Government merges 15% and 10% ad hoc relief allowances into basic pay, grants a further 7% salary increase on the revised structure and raises conveyance allowance by 50% for employees in BPS-1 to BPS-22
Revised transit protocol seeks to keep bilateral trade moving as Pakistan’s conflict with Afghanistan and renewed US-Iran fighting disrupt established western trade links
What began as a boycott over Gaza has since become a sustained reduction in the market for carbonated beverages in Pakistan. Rising prices and tax woes are making it impossible to recover
Exporters in Pakistan usually need a bank guarantee through a financial instrument for products they are sending outside the country. That requirement has been waived for three months for certain exports going to Iran, and to Central Asia through Iran.
FBR schedules auction to recover Rs 26 billion in unpaid income taxes following new FBR powers and a landmark legal shift in how developers must report income