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Finance

FFC Reports 45% Profit Surge with Major Support for Farmers in Q3 2024

Fauji Fertilizer Company (FFC), a leading fertilizer producer in Pakistan, has released promising financial results for the quarter ending September 30, 2024. Here's an overview of its key achievements and strategies this quarter. Profit Growth FFC’s consolidated profit surged by 45% to Rs22.59 billion, up from Rs15.62 billion in the same quarter last year.…

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Pakistan Seeks Additional ¥10 Billion Loan from China Amid Economic Challenges

In an effort to address ongoing economic challenges, Pakistan has officially requested an additional ¥10 billion loan from China. This move underscores Pakistan’s need for financial support to stabilize its economy amid rising external debts, inflation, and fiscal pressures. The request comes as part of Pakistan’s broader strategy to enhance economic resilience and strengthen its…

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Shark Tank Pakistan: A Game-Changer for Aspiring Entrepreneurs!

Introduction: The Anticipation is Over! The wait is finally over! Grenlit Studios has officially revealed the first look at Shark Tank Pakistan, and it's already winning hearts across the country. For years, we've watched international versions of this iconic entrepreneurial show, but now, Pakistan's own version has arrived, ready to showcase the best and brightest…

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FBR Imposes Surcharge on Late Tax Filers: Rejoin the Active Taxpayers' List and Save!

FBR Imposes Surcharge on Late Tax Filers: Rejoin the Active Taxpayers’ List and Save!

Missed the tax filing deadline? Don’t let that mistake cost you even more! The Federal Board of Revenue (FBR) has rolled out a new surcharge system, giving late filers a chance to re-enter the Active Taxpayers’ List (ATL) and avoid higher tax rates. If you’re off the ATL, every financial transaction—whether it’s selling property or…

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Gold Prices Hit Record High of PKR 283,000 Per Tola: Is Investing in Gold Still a Safe Bet ?

Gold Prices Hit Record High of PKR 283,000 Per Tola: Is Investing in Gold Still a Safe Bet ?

In recent weeks, the price of gold has surged to unprecedented levels, reaching an astonishing PKR 283,000 per tola. This spike in gold prices has sparked conversations among investors and everyday citizens alike about the implications for the economy and the viability of gold as a future investment. Let’s delve into the factors driving this…

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Best time to Invest in Cryptocurrency, Bitcoin will touch $95K in December 2024

Best time to Invest in Cryptocurrency, Bitcoin will touch $95K in December 2024

What is Bitcoin ? Bitcoin is a digital currency (or cryptocurrency) that allows people to send money over the internet without needing a bank or any other third party. It was invented in 2009 by an anonymous person or group of people under the pseudonym Satoshi Nakamoto. Bitcoin operates on a decentralized network called the…

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Punjab Government Scholarship Scheme Launched for Deserving Students

 The Punjab government has officially launched the Chief Minister’s Scholarship Scheme, aimed at providing financial assistance to talented and deserving students across the province. The Punjab Government Scholarship Scheme, announced on Saturday via ARY News, is designed to uplift students who face financial challenges in pursuing higher education. The scholarship scheme is the result of…

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Government Borrowing in Pakistan: A Deep Dive into Fiscal Challenges

Government Borrowing in Pakistan: A Deep Dive into Fiscal Challenges

In the realm of economic policy and financial management, few issues are as crucial and contentious as government borrowing. For Pakistan, a country grappling with persistent fiscal deficits and burgeoning debt, the recent revelation that government borrowing has surpassed the combined figures of the previous two fiscal years raises significant concerns and prompts urgent questions…

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Senate Denies Increases in Worker Taxes: A Bold Move in Pakistan's Fiscal Landscape

Senate Denies Increases in Worker Taxes: A Bold Move in Pakistan’s Fiscal Landscape

In a decisive move, the Senate of Pakistan has rejected the government’s budget proposal to increase the tax burden on both salaried and non-salaried business individuals. This decision also included a proposal to exclude the asset details of financially independent spouses from the wealth statements of taxes payers. These recommendations, which reflect significant fiscal policy…

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https://voicepakistan.pk/business-controls-key-to-startup-growth-and-risk-management/

Business Controls: Key to Startup Growth and Risk Management

In recent years, the startup ecosystem has witnessed numerous high-profile frauds, underlining the critical need for robust business controls. Contrary to popular belief, business controls do not necessarily impede growth. When designed and implemented thoughtfully, they can enhance a company's agility while managing risks effectively. The collapse of FTX, among other failures, demonstrates the catastrophic…

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The Role of AI and Machine Learning in E-commerce Personalization

The Role of Machine Learning and AI in E-commerce Personalization

Artificial Intelligence (AI) and Machine Learning (ML) have revolutionized numerous industries, and e-commerce is no exception. These technologies are pivotal in creating personalized shopping experiences, which are becoming increasingly essential in the digital marketplace. This article delves into the various aspects of AI and ML in e-commerce personalization, exploring their applications, benefits, challenges, and future…

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The Rise and Fall of Pakistan's Economy Between 2015 and 2024

The Rise and Fall of Pakistan’s Economy Between 2015 and 2024

The economic trajectory of Pakistan between 2015 and 2024 is a tale of highs and lows, marked by periods of growth and significant challenges. This decade witnessed ambitious economic reforms, geopolitical tensions, and global economic fluctuations, all contributing to the rise and fall of Pakistan's economy. Pakistan's Economic Growth and Reforms (2015-2018) China-Pakistan's Economic Corridor…

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Cryptocurrency: Understanding, Working, Examples, Investment Tips, and Platforms

Cryptocurrency: Understanding, Working, Examples, Investment Tips, and Platforms

Cryptocurrency has taken the world by storm, revolutionizing the way we think about money and financial transactions. From its inception with Bitcoin to the myriad of digital assets available today, cryptocurrency has grown into a significant financial force. In this article, we'll explore what cryptocurrency is, how it works, provide examples, discuss fraud and scams,…

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Unlocking Potential: Microfinance in Pakistan - Challenges and Opportunities

Unlocking Potential: Microfinance in Pakistan – Challenges and Opportunities

Microfinance has emerged as a powerful tool for promoting financial inclusion and uplifting communities by providing access to essential financial services. In countries like Pakistan, where a significant portion of the population remains unbanked, this plays a pivotal role in addressing poverty and fostering economic development. This article delves into the intricacies of its…

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Best Ways to Earn Online in 2024

In today's rapidly evolving digital landscape, the opportunities for earning online have expanded exponentially. Whether you're looking to increase your income or embark on a full-fledged online career, the possibilities available are diverse and dynamic. From freelancing on specialized platforms to leveraging the power of social media, the ways to earn online in 2024 are…

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