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Pakistan Software Export Board (PSEB) and the Ministry of Information Technology and Telecommunications (MOIT&T) have released a comprehensive report on the IT industry of Pakistan. The report not only highlights the strategic and operationally advantageous areas in Pakistan’s IT industry but also lays out the details that may benefit prospective investors in evaluating the scope […]

The Government of Pakistan has permitted the commercial sales of Covid-19 vaccines and the first batch of Sputnik V is expected to arrive in March, said International Monetary Fund (IMF). The International Monetary Fund (IMF) in its updated report ‘Policy Actions Taken by Countries’, reviewed the various steps that Pakistan has taken to deal with

The government is planning to abolish withholding taxes on education in the next fiscal year’s budget, reported a national daily. The removal of taxes is said to be done to lighten the load on the public. The government has been planning to remove unnecessary and meaningless withholding taxes for several months. Event fees are also likely

The Government of Pakistan is set to allow the import of cotton from Afghanistan and the Central Asian states via the Torkham land route to overcome the 34.18 percent fall in the production of local cotton. Pakistan’s cotton harvest has dwindled significantly as farmers continue to switch to other lucrative crops. According to the statistics

The Chairman SECP, Aamir Khan, said that the apex regulator has been continuously striving to create an efficient and transparent business ecosystem in Pakistan by ensuring that its policies and decisions conform to the values of objectivity, integrity, and equitability. He stated this as the guest of honor at the closing ceremony of the CFA

Prime Minister Imran Khan was informed that construction sector projects in Punjab would fetch Rs. 353.43 billion in investment, generate economic activities worth Rs. 1,767.15 billion and create 315,678 job opportunities. The Prime Minister was given a detailed briefing about Housing, Construction, and Development in Punjab and Khyber Pakhtunkhwa by the Chief Sectaries of both

Pakistan’s government is planning to issue a $500 million green bond in the next few months to help boost its development of hydroelectric power, Bloomberg reported. Adviser to Prime Minister Imran Khan on climate change, Malik Amin Aslam, spoke to the media saying that this bond will be denominated in Euros and is the first by

Pakistan is to allow private companies to import coronavirus vaccines and has agreed to exempt such imports from price caps, according to documents reviewed by Reuters, even as the nation scrambles to secure supplies. The documents show the National Health Services, Regulations and Coordination division of the health ministry had sought a special cabinet exemption

The ‘Data Protection Bill’ which will prohibit social media platforms like Facebook and Twitter from using consumers’ data without prior consent and will allow for the imposition of high fines for violations is in its final stages.   This was revealed by the officials of the Ministry of Information Technology & Telecommunication (MoIT&T) during a

The Area Development Plan rules that were recently promulgated by Lahore Development Authority (LDA) are gaining traction. These rules have allowed developers to plan innovative large projects along the main arteries of Lahore, which is curbing down on illegal and unsightly strip development that has been seen otherwise in the metropolitan so far. In a recent