Pak Finance Hub Navigating Wealth, Empowering Futures

Introduction Pakistan’s Information, Communication, and Technology (ICT) sector have emerged as a significant contributor to export growth, but its full potential hinges on easier access to imported IT products. This article delves into the complexities of the ICT sector, analyzing the impact of import policies on exports, GDP growth, and digitalization efforts, while also addressing trade dynamics and policy challenges. …

Introduction Net metering, particularly in the realm of solar photovoltaic (PV) energy, has become a contentious issue, sparking debates over financial rules and subsidy distribution. While the government seeks to amend financial regulations, users of net metering advocate for the preservation of existing rules. This article delves into the nuances of this controversy, highlighting both the benefits and challenges of …

The Pakistan Stock Exchange (PSX) has announced the implementation of the 6th and final batch of transitioning existing 500 Lot size Regular Market companies to a One Share Lot Size, effective May 27, 2024. This transition will result in these companies being discontinued from the ODD Lots Market. The complete list of the companies included in this transition is provided …

Introduction Pakistan’s taxation system is ripe for reform. Introducing a flat tax policy could dramatically alter the landscape by aligning incentives and simplifying the structure. Imagine a system where personal income is taxed at a flat 10%, GST at 5%, corporate income at 20%, customs duty at 5%, and excise duty at 3%. This isn’t just a dream; it’s a …

In a recent report released by the Pakistan Statistical Institute, it was revealed that Pakistanis have spent over 150 billion rupees on tea imports during the first ten months of the current financial year. This represents a significant 17 percent increase in spending compared to the same period last fiscal year. Key Highlights from the Report: 1. Increase in Tea …