Tue, 21-Oct-2025

LHC stops collection of fixed sales tax from lawyers

LHC sales tax

RAWALPINDI: The Lahore High Court (LHC) has barred the collection of Rs 6,000 fixed monthly General Sales Tax (GST) in the electricity bills from lawyers. The LHC Rawalpindi bench heard the matter on the petition filed by Lahore High Court Rawalpindi Bar Association over the collection of sales tax from lawyer’s chambers. Justice Tariq Saleem … Read more

Reliance to acquire Gap to India most recent retail wagered

Reliance

Reliance, India’s biggest retailer, said on Wednesday. It has cooperated with Gap Inc to sell the U.S. clothing. Retailer’s brands locally, denoting its most recent extension. Reliance will sell Gap stock through a blend of selective brand stores, multi-brand outlets and online business stages. Read More: U.S. switches Spirit Airlines’ Newark peak-hour flight approvals “The organization … Read more

Ending sales discussions with Franchise Group, Kohl’s lowers expectations

Kohl’s said the retail environment has deteriorated since it began bidding. Company also lowered its second-quarter outlook, citing weaker consumer spending. Activist investors have pressured it for months to sell and reorganise its board. Kohl’s said the retail environment has deteriorated since it began bidding. The company also lowered its second-quarter outlook, citing weaker consumer … Read more

Revlon takes out a $375 million bankruptcy loan to help shore up its supply

Revlon

The company is down to $6 million in cash and struggling to fulfill retail customer orders. Without access to raw materials, Revlon cannot meet sales demands, leaving the company with dwindling cash. Revlon will retain about $300 million of the initial bankruptcy loan for day-to-day business. Revlon Inc got to chapter 11 court endorsement to … Read more

As a result of rising inflation, retail sales in the United States have slowed

retail

Motor vehicle purchases declined amid rampant shortages, and record high gasoline prices pulled spending away from other goods. Data for April was revised lower to show sales increasing 0.7% instead of 0.9% as previously reported. Weak retail sales did not divert the Federal Reserve from its aggressive monetary policy tightening path. Sales at service stations … Read more

Cryptocurrency market that has highly impacted these businesses

Cryptocurrency

Since the introduction of Bitcoin over ten years ago, cryptocurrency has been the talk of the town.

Banking and Payments

Several financial organizations, fintechs, and biggest investment firms currently believe that crypto is the new trend of how individuals save and exchange cash. Some of the benefits contain quick processing times, less or no transaction fees, and greater safety. These progressive things will only remain to increase as more banking customers look to fit cryptocurrencies into their everyday financial routine.

Retail

Ecommerce stores are too being determined by cryptocurrencies. A variety of online stores have been taking on technology as a means of payment for numerous years now. By trading with virtual money like bitcoin, these digital traders accept to work to serve different kinds of new clients and their shopping requirements.

Tourism

When a tourist plans a trip he makes several transactions from hotel booking, car rents, food, going on trips, and many other things crypto transactions have made their way into the industry of enabling quicker and cheaper transactions with fewer commission charges. Cryptocurrencies have changed the generation of tourists to be a more comfortable substitution to older payment systems.

Mobile Applications

The normal smartphone user has nearly 80 applications installed on their mobile. But only use around 9 of these in circulation, they are still a vast part of the new mobile holder’s everyday routine. This is why cryptocurrency results for well-known mobile applications are flattering more and more extensive presently. The mobile business is working additional with cryptocurrencies than ever before, with a mission to transform app development and accessibility.

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