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ADB urges 5% digital tax to boost e-commerce in Pakistan

Pakistan, July 15 -- The Asian Development Bank (ADB) has recommended that Pakistan implement a uniform 5% general sales tax (GST) on all digital transactions. The goal is to promote digital payments,... Read More


Over 336,000 Pakistanis head abroad for jobs in first half of 2025

Pakistan, July 15 -- In the first half of 2025, 336,999 Pakistanis went abroad in search of work, according to the Bureau of Emigration and Overseas Employment (BEOE). These job seekers include both s... Read More


ADB report highlights weak digital growth, calls for urgent reforms

Pakistan, July 15 -- ISLAMABAD - The Asian Development Bank (ADB) has released a report on Pakistan's digital ecosystem, stressing the urgent need for investment and reforms to improve connectivity an... Read More


Gold price drops by Rs700 per tola in Pakistan

Pakistan, July 15 -- Gold prices in Pakistan fell sharply on Tuesday as the global market experienced a decline. The price per tola dropped by Rs700, settling at Rs359,000. This decrease followed a ri... Read More


Pakistan's exports to North America jump 10%, led by US market

Pakistan, July 15 -- ISLAMABAD - Pakistan's exports to North America increased by 10.19% during the first 11 months of FY2025, reaching $5.91 billion, according to data from the State Bank of Pakistan... Read More


Hamas takes out Israel's Mark 4 tank, 3 dead

Pakistan, July 15 -- Hamas fighters launched a deadly attack in northern Gaza, destroying Israel's Mark 4 battle tank - considered the world's most secure. The explosion occurred in Jabalia, near the ... Read More


Pakistan's cotton imports surpass local output amid policy concerns

Pakistan, July 15 -- ISLAMABAD - Pakistan's cotton and yarn imports have soared to $4.24 billion in fiscal year 2025, crossing the country's domestic production for the first time, according to offici... Read More


11 Pakistan Rail trains handed to private sector for upgrades

LAHORE, July 15 -- Pakistan Railways has taken a significant step toward modernization by deciding to privatize 11 passenger trains. This initiative aims to enhance travel comfort, improve service qua... Read More


Supreme court bans immediate tax recovery without proper notice

Pakistan, July 15 -- ISLAMABAD - The Supreme Court has ruled that tax authorities cannot carry out immediate coercive recoveries under Section 140 of the Income Tax Ordinance, 2001, without giving pro... Read More


IMF blocks tax exemption, govt cancels sugar import tender

Pakistan, July 15 -- ISLAMABAD - The government of Pakistan has cancelled a major sugar import tender after the International Monetary Fund (IMF) rejected a proposed tax exemption on imported sugar. I... Read More