June 2023 - Page 34 of 46

Construction and Property Sector to Get 10% Tax Relief in Budget 2023-24

Posted June 9, 2023 by Web Desk

Considering the important role of the construction and allied industries in the economic development of the country, the government has decided to provide incentives to builders and individuals undertaking the construction of new houses and buildings.The government has decided to provide tax relief of 10 percent or Rs. 5 million…

Here Are the Salient Features of Budget 2023-24

Posted June 9, 2023 by Web Desk

The federal government has just announced the budget for the financial year 2023-2024. There is an excess of new relief measures for the IT and real estate sectors and updated tax rates for cash withdrawals and imports. Here are the salient features for the financial year 2023-2024’s budget.Guiding PrinciplesNo increase…

Solar Panels About to Get Much Cheaper as Govt Unveils Big Relief in Budget 2023-24

Posted June 9, 2023 by Web Desk

The federal government has proposed 0% tax on parts of solar PV modules panels manufacturing, machinery, and equipment, the Finance Bill 2023-24, which is available with ProPakistani, has revealed.According to the document, 0% tax has been proposed on sun simulator, glass lifter, tabber stringer, hi-speed layup station with ROBOT, motorized…

Multan: Two killed in car, tractor trolley collision

Posted June 9, 2023 by Web Desk

Two people were killed and two other sustained injured when a car collided with a tractor trolley near Chowk Sarwar Shaheed at Multan Mian Wali road today (Friday).Source: Radio Pakistan

Govt to Charge 10% Withholding Tax on Bonus Shares Issued by Listed/Non-Listed Companies

Posted June 9, 2023 by Web Desk

The federal government has proposed to levy a 10 percent withholding tax to encourage payments on bonus shares for listed and non-listed companies.According to the budget documents available with ProPakistani, the government has proposed that every company, issuing bonus shares to the shareholders of the company, shall withhold 10 percent…

Promotion of business, trade activity Govt’s top priority: KP Governor

Posted June 9, 2023 by Web Desk

Khyber Pakhtunkhwa Governor Haji Ghulam Ali says promotion of business and trade activity is the top priority of the government.He said this while inaugurated the state of the art furniture Showroom in Abbottabad on Friday.He said the economy of the country will stabilize when business activities are promoted in the…

Hybrid Cars Get Massive Tax Relief in Budget 2023-24

Posted June 9, 2023 by Web Desk

The fiscal budget 2023-24 has finally been released, bearing great news for the hybrid car segment in Pakistan.According to the document available with ProPakistani, the customs duty (CD) on the import of hybrid electric vehicles (HEVs) in a completely built-up (CBU) form has been reduced to 1%.The CD for the…

‫مجموعة أباريل وكلاركس في تحالف استراتيجي مشترك لتوسيع نطاقهما الإقليمي في قطاع التجزئة في المملكة العربية السعودية

Posted June 8, 2023 by Web Desk

مجموعة أباريل على وشك إطلاق أكثر من 20 متجراً لكلاركس في المملكة العربية السعودية يسر مجموعة أباريل، أكبر مشغل في مجالات الأزياء والاسلوب المعاصر، أن تعلن عن تحالفها الاستراتيجي مع الشركة الرائدة في مجال الأحذية كلاركس، والهادف لتوسيع وجود علامة كلاركس في قطاع التجزئة في المملكة العربية السعودية مع خطة…

Apparel Group and Clarks Join Forces to Expand Retail Reach in KSA

Posted June 8, 2023 by Web Desk

Apparel Group and Clarks Set to Open 20+ Stores in KSA Clarks Apparel Group and Clarks Join Forces to Expand Retail Reach in KSA DUBAI, United Arab Emirates, June 08, 2023 (GLOBE NEWSWIRE) — Apparel Group, a global fashion and lifestyle conglomerate, proudly announces its strategic partnership with leading global…

Bitmanu Crypto Miners Emerge as Home Business Opportunity

Posted June 8, 2023 by Web Desk

NEW YORK, June 08, 2023 (GLOBE NEWSWIRE) — Bitmanu has steadily emerged as a preferred home business opportunity for many over the past year. This manufacturing company offers three highly efficient mining rigs capable of providing ROI within just a month. These high-power ASIC miners can be used even without…

Cohere Announces $270M Series C to Bring Generative AI to Enterprises

Posted June 8, 2023 by Web Desk

Funding will accelerate Cohere’s leadership position giving enterprises the power of AI on the cloud platform of their choice, keeping their data private and secure SAN FRANCISCO and TORONTO, June 08, 2023 (GLOBE NEWSWIRE) — Cohere, the leading AI platform for enterprise, today announced $270M in new capital as part…

Duck Creek Technologies Rated a Luminary in Celent’s 2023 Insurer Stand-Alone Rating Engines North America and Global Reports

Posted June 8, 2023 by Web Desk

Boston, June 08, 2023 (GLOBE NEWSWIRE) — Duck Creek Technologies, the intelligent solutions provider defining the future of Property and Casualty (P&C) and general insurance, earns Luminary status in Celent’s 2023 North America and global reports, Insurer Stand-Alone Rating Engines. Duck Creek’s rating solutions have been recognized in the report’s…

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