Government Proposes Amendments to PERA Act to Strengthen Foreign Investment Protections
The government is planning significant amendments to the Protection of Economic Reform Act (PERA) 1992, aiming to provide robust protection for foreign exchange remitted from abroad when invested in Pakistan’s industrial sector. The proposed changes are part of the draft Industrial Policy, which
PTA Announces Imminent 5G Launch, Satellite Internet to Follow
Pakistan Telecommunication Authority (PTA) Chairman Major General (Retd) Hafeez ur Rehman has stressed the need to embrace rapidly emerging technologies while ensuring public trust and robust cybersecurity measures. Speaking at a cybersecurity workshop and awards ceremony, the PTA chief said the authority is
ECC Approves Commerce Ministry’s Steel Sector Strategy to Strengthen Export Competitiveness
A meeting of the Economic Coordination Committee (ECC) of the Cabinet under the chairmanship of Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb Friday reviewed and endorsed a report presented by the Ministry of Commerce on industrial competitiveness and export-led growth of
FBR Imposes Up to Rs. 500,000 Security On Shipping Agents
The Federal Board of Revenue (FBR) has directed new freight forwarders to deposit a sum of Rs. 200,000 as a security deposit for operating in one customs station and Rs. 500,000 as a security deposit for operating in more than one customs station,
