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Enhancing Tax to GDP Ratio: The Executive Committee of the National Economic Council (ECNEC) recently approved the “Investment Project Financing” (IPF) component of the “Pakistan Raises Revenue Project” to enhance the country’s tax to GDP ratio. Valued at Rs. 21.518 billion, with a $80 million World Bank loan, the IPF component aims to reduce tax expenditure, broaden the tax base, …

User Growth Trend: Facebook recently announced its second quarter results, revealing a remarkable milestone of surpassing three billion active users worldwide by June 30. This marks a significant 6% increase from the previous year and demonstrates four consecutive quarters of user growth. The surge in user numbers is a testament to the platform’s ongoing popularity and global reach. Market Saturation …

In a significant development, the federal cabinet of Pakistan granted principle approval to two crucial pieces of legislation on Wednesday, which are expected to have a far-reaching impact on digital rights, e-commerce, and the digital economy of the country. The first bill, named the E-Safety Bill 2023, aims to tackle and prevent online crimes such as cyberbullying, online harassment, and …