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Private sector credit offtake remains weak

KARACHI: The country has yet to emerge from an investment-averse environment, as reflected in private sector credit offtake during the first quarter of the current fiscal year. Latest State Bank data for the first two-and-a-half months of the fiscal year show that the private sector is still retiring debt.

FBR notifies new tax rules for non-resident influencers

ISLAMABAD: The Federal Board of Revenue (FBR) has introduced new rules to tax income earned from social media content, targeting non-resident Pakistanis. The new tax rules will target all those individuals who generate income through user interactions in Pakistan.

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