Business

Web Desk — With its popular variants in the market, Pak Suzuki is one of Pakistan’s leading automakers. Due to its stunning look and stylish interior, the fourth-generation Suzuki Swift also holds a healthy share of the market. Suzuki Swift Variants You can enjoy Suzuki Swift in three variants: GL, GL (CVT), and GLX (CVT). This vehicle is available in …

Web Desk — The Punjab Excise and Taxation Department has shared the revised registration fees and withholding tax rates for vehicles. The aim behind the revised rates is to streamline the taxation system and provide relief to vehicle owners. As described in a recent circular, the registration fee for vehicles with engine capacities ranging from 1501cc to 2000cc has been …

Web Desk — Taking advantage of an end to import restrictions, the Pakistani business community plans to boost the local food industry. Many local production units leading several Pakistanis have decided to sign Joint Venture (JV) agreements following the recent dollar crisis. Most of such deals were done with their counterparts from Thailand. Senior vice president Lahore Chamber of Commerce …

Web Desk — Federal Information Technology Minister, Syed Amin ul Haque says that Pakistan’s IT-related exports are expected to reach $15 billion per annum from the existing $2.6 billion in the next three years if the current facilitation policy remains intact. The minister, while speaking in the National Assembly, said IT export was $1.4 billion in the fiscal year 2019-20, …

Web Desk — Pak Suzuki Motor Company’s (PSMC) motorcycle and four-wheeler plants will remain closed from June 22 to July 8. The company, while giving the reason for the plant closure, says it is facing an acute shortage of parts and other accessories owing to a mechanism the State Bank introduced in May 2022. According to this mechanism, the auto …

Web Desk — Telenor Summer Internship Program 2023 is a fantastic opportunity for you if you are looking for an internship to make your summers exciting and productive? Starting this July, the Telenor Summer Internship 2023 is an eight-week-long program for Pakistani students. By participating in this program, the interns will not only become part of a global company but …

Web Desk — Famous mobility, ride-hailing, and delivery app ‘Bykea’ was briefly hacked by Indian hackers after users started receiving highly inappropriate text messages abusing Pakistan. The company now claims that the app has been restored and is fully functional and safe to use. In a statement, the company apologized for the inappropriate messages sent through Bykea. The management said …

Web Desk — Lahore-based motorcycle assembler and manufacturer the United Autos has recently introduced the most affordable US150, a 150cc motorcycle, at just Rs. 270,000. The price makes it the most economical 150cc motorbike available in the country. US150 Motorcycle Design & Specifications The design of the US150 seems an inspiration from the popular Honda CB150F. It has the same …

Web Desk — For non-filers, the federal budget 2023-24 is going to go very tough as the government has proposed to double the Withholding Tax (WHT) for nonfilers on buying and selling property. A proposal of Rs700 billion in new taxes is included in the forthcoming budget for the fiscal year 2023–2024. The government decided to set the Federal Board …

Web Desk — The government is likely to bring the banking sector under heavy taxation in the 2023-24 budget as Islamabad looks for easy sources of revenue in a fiscally challenged environment, said a report published in Daily Dawn on Thursday. In the report, the head of research at JS Global Amreen Soorani was quoted as saying that the 2023-24 …