Business

USF

USF approves Rs7.49 Billion for high-speed internet, 4G projects

ISLAMABAD (Kashmir English): The Universal Service Fund (USF) has approved seven major projects worth Rs7.49 billion to improve high-speed internet and 4G connectivity in underserved areas of Pakistan. This step is expected to benefit nearly 960,000 people across 347 locations in 10 districts. The announcement was made during the USF Board’s 98th meeting, chaired by

USF approves Rs7.49 Billion for high-speed internet, 4G projects Read More »

Inland Revenue Department

AJK Revenue Dept recovers Rs25.28m from tax defaulting clothing brand in Mirpur

MIRPUR (Kashmir English): The Inland Revenue Department of Azad Kashmir has taken decisive action against a prominent clothing brand in Mirpur for failing to pay sales tax during the fiscal year 2024-25, recovering Rs25.28 million from the brand’s account. According to the department, the brand deducted 18% sales tax from customers on clothing sales in the

AJK Revenue Dept recovers Rs25.28m from tax defaulting clothing brand in Mirpur Read More »

Pakistan Stock Exchange

Pakistan Stock Exchange rises by 1600 points after federal budget approval

KARACHI (Kashmir English): The Pakistan Stock Exchange (PSX) witnessed a major rally on Friday, surging nearly 1,600 points just a day after the federal budget for 2025–26 was passed. The KSE-100 index climbed 1581.77 points, or 1.3 per cent, to stand at 123,628.23 at the close of the first session, from the last close of

Pakistan Stock Exchange rises by 1600 points after federal budget approval Read More »

Inland Revenue Department

AJK Inland Revenue Department recovers over Rs12.5 million from tax defaulters

MIRPUR (Kashmir English): The Inland Revenue Department of Azad Kashmir has successfully recovered over Rs12.5 million from tax defaulters, including sales tax and education cess from industrial units in the Mirpur Industrial Area. This recovery is part of the department’s efforts to meet its revenue targets, led by Chairman Central Board of Revenue, Chaudhry Raqeeb, who

AJK Inland Revenue Department recovers over Rs12.5 million from tax defaulters Read More »

Scroll to Top