Tue, 21-Oct-2025

As the payment deadline approaches, Russia moves closer to default

Russia

Russia has struggled to keep up payments on $40 billion of outstanding bonds. U.S. Treasury Department blocked Moscow from making payments in late May. Russia was due to pay $100 million in interest on two bonds, one denominated in US dollars and another in euros. Russia’s bonds have an increasing level of ambiguities. Russia edged … Read more

Apple will enable different payment ways in dating applications

Apple

Apple will allow different payment methods in Dutch dating applications, ending a dispute that resulted in the company being fined 50 million euros ($52.58 million). Apple will meet the requirement that the regulator had set under European Union and Dutch competition rules. The Authority for Consumers and Markets (AMC) said in a statement. The Netherlands’ … Read more

Tax returns filing declines 12% in 2021

tax returns

KARACHI: The Federal Board of Revenue (FBR) has registered a decline of 12 per cent in the annual returns filing for the tax year 2021, official documents revealed. According to the provisional statistics made available to BOL News, the number of return filers for the tax year 2021 fell to 3.04 million, compared with 3.45 … Read more

Tesla to accept dogecoin as payment for merchandise, says Musk

Tesla

Tesla Inc chief Elon Musk said on Tuesday the electric carmaker will accept dogecoin as payment for merchandise on a test basis, sending the meme-based cryptocurrency up 24 per cent, Reuters reported. “Tesla will make some merch buyable with Doge & see how it goes,” Musk said in a tweet. Dogecoin, popular among retail investors, raced up … Read more

Amazon bans to receive payment from the UK- issued visa credit cards

Amazon bans to receive payment from the UK- issued visa credit cards

From January 19th, 2022, Amazon will no longer accept payments made using Visa credit cards issued in the United Kingdom. Customers will continue to be able to use Visa debit cards issued in the United Kingdom, as well as MasterCard, American Express, and other credit cards. Amazon is refusing to accept Visa credit cards from … Read more

WhatsApp working on a feature that will allow users to pause voice recordings

WhatsApp

WhatsApp has been releasing several features for Android and iOS users, and the app is getting improved from time to time. Recently, according to WABetaInfo, the social media platform is working on a new feature for voice recording. The latest news suggests that the new feature will allow users to pause voice recording in between. … Read more

WhatsApp to soon offer cashback feature for Samsung users

WhatsApp

WhatsApp may be a leading cross-platform messaging app, but its limited features have led it backward. However, the company is working hard to improve the app experience. it has some great features including WhatsApp web, group video calls, payment features in few selected markets and more. Now, WhatsApp is currently working on a cashback feature … Read more

Cash on delivery drops 28% during pandemic: Visa survey

KARACHI: Pakistani consumers are increasingly stepping away from cash and putting their trust in digital payments in both in-store and online environments during the pandemic, according to the 2021 Stay Secure Survey launched by Visa. The cash is unlikely to return to its previous high level of use. According to the study, the use of … Read more

Key to counter REvil attack discovered

After the July 2 incident of ransomware attack, the affected US software firm Kaseya has able to get access to the universal decryption key to catch REvil ransomware attack that targeted its managed service provider customers, worldwide. The company late Friday has announced finding of the decryption tool some 20 days after the attack as … Read more

Sindh Revenue Board extends returns filing date

SRB

KARACHI: The Sindh Revenue Board (SRB) has extended the last date for the payment and filing sales tax returns for June 2021. In a circular issued on Monday, the provincial revenue board said the sales tax for June 2021 can be paid on or before Tuesday, July 27, 2021. Similarly, the SRB allowed the taxpayers … Read more

Rupee hits 9-month low of 161.48 against dollar

Rupee

KARACHI: The rupee fell to a nine-month low of 161.48 against the dollar on Monday, owing to higher demand for import payments, amid the upcoming Eid holidays. Previously, the exchange rate was seen at Rs161.37 to the dollar on October 23, 2020. The local currency fell Rs1.54 to the dollar from last Friday’s closing of … Read more