Business

TEMU

Govt removes tax imposed on platforms like Temu, SHEIN, AliExpress

ISLAMABAD (Kashmir English): In a major relief for online shoppers, the Pakistani government has removed the recently imposed 5% digital tax on international platforms like TEMU, SHEIN, and AliExpress. The decision is effective retroactively from July 1, 2025. This move comes as part of the government’s efforts to strengthen international trade relations, particularly with the

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ird

AJK IRD staffers capacity-building workshop pledges to widen tax net

  MIRPUR (Kashmir English): Azad Jammu and Kashmir (AJK) State Inland Revenue Department organised a capacity-building training workshop of the department’s staffers. The purpose of the training was to apprise the staffers of of the amendments recently introduced in the tax laws through the Azad Jammu and Kashmir Finance Act 2025. The IRD South Region

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Muhammad Aurangzeb

Muhammad Aurangzeb heads to US to finalise major trade agreement

ISLAMABAD (Kashmir English): Pakistan’s Finance Minister Muhammad Aurangzeb has left for the United States once again, this time to seal the final terms of a highly anticipated bilateral trade agreement. This marks his second trip to Washington in two weeks, reflecting the urgency and importance of the negotiations. The trip comes after Foreign Minister Ishaq

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Asia Cup

Asia Cup 2025 broadcast rights still unsold in Pakistan despite soaring demand

ISLAMABAD (Kashmir English): With the Asia Cup 2025 just weeks away, cricket fans in Pakistan are still in the dark about where they’ll be watching the tournament, as TV broadcast rights remain unsold due to pricing disagreements. According to sources, Sony India, which holds the rights for the tournament, has asked for a hefty $12

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arbaeen

PIA to start special Arbaeen flight operation from August 8

  Karachi (Kashmir English): Pakistan International Airlines (PIA) will launch a special flight operation for pilgrims traveling to Iraq for Arbaeen. Local media reported on Monday, citing official sources, that the operation will begin on August 8, with flights from Pakistan to Najaf scheduled until August 11. Special Arbaeen flights between August 18 and 23

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ev

Chinese EV giant BYD to start assembling cars in Pakistan by July 2026

  KARACHI (Kashmir English): Chinese electric vehicle (EV) giant BYD is expected to roll out its first car assembled in Pakistan by July or August next year to capture rising demand for electric and plug-in hybrid four-wheelers in the region, a company executive has said. Recognized as the world’s top EV maker, BYD, has been

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