News
FBR proposes voluntary tax regime for small traders
10+ hour, 20+ min ago (535+ words) ISLAMABAD: The Federal Board of Revenue (FBR) has proposed a simplified and voluntary income tax regime for small shopkeepers, offering exemption from routine audit, withholding tax obligations and mandatory digital invoicing in a fresh attempt to broaden the country’s narrow…...
KMC launches health insurance facility for 11,500 employees
1+ mon, 3+ week ago (452+ words) KARACHI: The Karachi Metropolitan Corporation (KMC) on Thursday brought some 11,500 of its employees under a medical facility, with Mayor Barrister Murtaza Wahab claiming that it was the first municipal institution in the country to introduce a healthcare insurance policy for…...
Importance of opting for insurance
2+ mon, 2+ week ago (669+ words) Financial security in Pakistan is no longer determined by how much you earn, but by how well you can absorb shocks. This is where the conversation shifts, from managing expenses to managing risk. Inflation is just one of the macroeconomic…...
Gulf crisis sparks drug supply fears; pharma costs seen rising
3+ mon, 4+ week ago (768+ words) • Drap says Pakistan has sufficient drug stocks for three months, with alternative supply routes being explored• Pharmaceutical manufacturers foresee rising production costs due to higher energy prices and possible rupee devaluation ISLAMABAD: While the cost of medical treatment has already…...
Debt loops and baby bonds
4+ mon, 1+ week ago (483+ words) A potential solution that addresses both at once is a baby bond structured not as welfare, but as domestic long-tenor capital endowment. For the sake of simplicity, we may call it the Pakistan Child Endowment Account or PCEA. A child…...
Drug prices up by 15pc, not 32pc, since deregulation policy: PPMA
8+ mon, 2+ day ago (178+ words) KARACHI: The Pakistan Pharmaceutical Manufacturers Association (PPMA) on Wednesday insisted that medicine prices have increased by an average of 15 per cent since the government announced the deregulation policy in February 2024, not 32pc as claimed by the authorities recently. In a statement,…...
Price deregulation raises medicine costs by 32pc
8+ mon, 5+ day ago (655+ words) • Officials concerned by soaring prices • Senate body to question industry on steep hikes KARACHI: Prices of more than a hundred commonly used medicines have increased by an average of 32 per cent since February last year, after the caretaker government lifted…...