KARACHI: After Airlift’s $85 million, a business-to-business marketplace, Bazaar, has raised $30 million in a Series A round, which takes the total investment in Pakistan’s startup space to over $250 million, a statement said on Tuesday. Analysts believe the successive financing rounds have laid the foundations of a new era in Pakistan where technology startups … Read more
KARACHI: Foreign investors operating in Pakistan have contributed Rs1.4 trillion as tax revenue to the national exchequer during 2020/21, a statement said on Monday. Irfan Siddiqui, president of the Overseas Investors Chamber of Commerce and Industry (OICCI), representative of the foreign companies operating in Pakistan, said: “We are proud that in the past 12 months, … Read more
KARACHI: The tax authorities have accepted an error in the proposal for an increase in the turnover tax on flour mills and said that the same would be rectified through an amendment in the Finance Bill 2021. In a statement, the Federal Board of Revenue (FBR) clarified that the table prescribing tax rates for a … Read more
