PIA Grounded Due to Fuel Shortage

Pakistan International Airlines (PIA) sources revealed a crisis on Sunday, resulting in the cancellation of 43 international and 29 domestic flights due to a fuel shortage for its aircraft. This situation arose from a dispute over fuel supplies with the Pakistan State Oil (PSO), leading to significant disruptions in air operations. “The situation has become … Read more

Pakistani Rupee Gains Ground Against the US Dollar

The Pakistani rupee hit a historic low of Rs307 in early September. However, stringent measures and a massive crackdown helped stabilize the local currency, leading to one of the longest periods of appreciation in recent history. Earlier this week, the PKR showed signs of recovery against the US dollar after a brief dip on Wednesday. … Read more

Imran Khan Granted Bail by Anti-Terrorism Court: Pakistan’s Former Prime Minister Receives Temporary Reprieve

Imran Khan Granted Bail by Anti-Terrorism Court

Former Prime Minister Imran Khan of Pakistan has been granted bail in multiple cases by an anti-terrorism court in the capital city of Islamabad. Reports from Tuesday confirm that the leader of the Pakistan Tehreek-e-Insaf (PTI) party has been granted bail until June 8 in eight cases relating to the violent incidents that occurred at … Read more

Understanding Sales Tax on Unregistered Persons in Pakistan: Rates, Implications, and Legal Framework

Understanding Sales Tax on Unregistered Persons in Pakistan Rates, Implications, and Legal Framework

Sales tax is a crucial source of revenue for the Pakistani government, and it is levied on both registered and unregistered persons. However, the rules regarding sales tax on unregistered persons can be complex, and many businesses and individuals may need to be made aware of their obligations. This article will take a closer look … Read more