Category: Local news

Cross-Border Payments Go Live with RAAST: Transforming Pakistan’s Financial Landscape

October 19, 2024October 19, 2024 Roshan Bashir No Comments

Cross-border payments have always been a challenge for individuals and businesses in Pakistan, often involving high fees, slow processing times, and complex procedures. However, with the recent launch of RAAST cross-border payments, this is about to change. The introduction of RAAST for international transfers is set to revolutionize how cross-border transactions are conducted in Pakistan,…

Fintech, Business, Economy, Local news

Common Mistakes to Avoid When Filing Your Income Tax Return in Pakistan 2024

September 25, 2024September 25, 2024 Roshan Bashir No Comments

Filing your income tax return in Pakistan can sometimes feel daunting, especially for those who are new to the process. With the 2024 tax season approaching, it’s crucial to be aware of the common mistakes people make and how to avoid them. Overlooking important details can lead to penalties, rejected submissions, or missed opportunities for…

Business, Economy, Local news

How to Become a Filer in Pakistan 2024: Step-by-Step Guide to Register & File Taxes

September 21, 2024September 21, 2024 Roshan Bashir No Comments

Are you curious about How to Become a Filer in Pakistan in 2024? Becoming a tax filer in Pakistan offers numerous benefits, such as reduced tax rates, ease of legal documentation, and a better financial profile. The government of Pakistan encourages all eligible citizens to file their taxes by offering incentives to filers, such as…

Business, Local news

How to Open a US Bank Account from Pakistan: A Comprehensive Guide

September 17, 2024September 17, 2024 Roshan Bashir No Comments

In today’s globalized world, having access to a US bank account can open up numerous opportunities for individuals and businesses alike. Whether you’re an entrepreneur seeking to expand your business, a freelancer working with international clients, or simply someone who wants to manage their finances in US dollars, opening a US bank account from Pakistan…

Business, Fintech, Local news, World

Karachi fintech SnappRetail raises $2.5m in pre-seed funding – Business

September 7, 2024 Grace Newz No Comments

SnappRetail, a Karachi-based fintech startup, said on Wednesday it raised $2.5 million in a pre-seed funding round led by Zayn Capital’s Bitrate Fund. Other investors included Antler and Century Oak Capital, according to the company. SnappRetail was co-founded in 2021 by Unilever alumni Adeel Rasheed, Moazzam Ali Khan, Ahsan Aziz and Moiz Ali. This is…

Local news, World

China’s Xi Jinping clinches the third term, packs leadership team – Grace Newz

September 7, 2024 Grace Newz No Comments

China’s Xi Jinping secured a precedent-breaking third leadership term on Sunday and introduced a new Politburo Standing Committee stacked with loyalists, cementing his place as the country’s most powerful ruler since Mao Zedong. Shanghai Communist Party chief Li Qiang, 63, followed Xi onto the stage at the Great Hall of the People as the new…

Local news, World