shahid Hussain Raja Introduction The geopolitical landscape of the 21st century is increasingly defined by technological competition between the West, led by the United States, and China. This “tech war” spans fields such as artificial intelligence (AI), semiconductors, and advanced manufacturing and reflects a broader struggle for economic dominance, national …
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The IMF program includes 22 structural benchmarks, 18 of which the federal government is required to implement, while the State Bank is responsible for the remaining four. The government is prohibited from offering any tax exemptions or issuing net supplementary grants. In the gas sector, the supply of gas to …
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BeNewz Special The Federal Board of Revenue (FBR) Directorate of Intelligence and Investigation Inland Revenue, Islamabad, has arrested the bank manager of the First Women Bank’s Imperial Court Branch in Karachi in connection with a tax fraud case. According to FBR sources, the accused opened a bank account in the …
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Fatima Fertilizer has the distinct honor of becoming the first private sector entity in Pakistan to partner with the United Nations Development Programme (UNDP) by adopting the SDG Impact Framework. In this regard, Fatima Fertilizer in collaboration with UNDP, recently hosted the launch event of a special report titled “SDGs …
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BYD–a Chinese Electric Vehicle (EV)–launches its brand in Pakistan. Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb also attended the BYD Brand Launching in Pakistan. — BYD, a global frontrunner in electric vehicles and renewable energy solutions, made a significant entry into the Pakistani market today, promising a new …
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Islamabad: The UAE Ambassador to Pakistan, Ibrahim Salem Alzaabi has shared his video message on the eve of 77th Independence Day of Pakistan. In his message, the ambassador said, “On the occasion of 77th independence of Islamic Republic of Pakistan, I extend my warm greetings to the friendly government and people of …
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The Competition Commission of Pakistan (CCP) has passed an order imposing a fine of Rs 60 million on Unilever Pakistan for airing deceptive claims through television commercials for its hygiene and cleansing products, ‘Lifebuoy (Care and Protect) Soap’ and ‘Lifebuoy Hand Wash’. The Commission’s bench has disposed of proceedings about …
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The federal government has appointed Rashed Langrial of the Pakistan Administrative Service (PAS) as the Chairman of the Federal Board of Revenue (FBR). Sources revealed that the federal government has completed preparations for the new Chairman of FBR’s appointment, and approval for the appointment has been sought from the federal …
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Secretary Petroleum next in the line of fire The Director General Petroleum Concession (DGPC) has become the first casualty of the controversial framework for the allocation of gas to third parties. The petroleum minister successfully removed the DGPC from his post on Tuesday amid controversy surrounding the implementation of the …
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Gunvor Group Expands Footprint with Major Acquisition TotalEnergies Marketing & Services, a significant player in the global energy sector, recently concluded its operations in Pakistan by selling its shares to Gunvor Group, another prominent international company. This transaction marks a pivotal shift in Pakistan’s energy landscape, following the earlier departure …
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