Tax evasion is a common problem among many countries, and becomes a survival threat to developing economies such as Pakistan. Due to manual estimation methods, collection of property tax in Pakistan, specifically the tax on build-up properties in cities, is a significant challenge. This tax is estimated based on the height of the build-up properties,…
The fragility of the financial system can have dire economic consequences is one of the key learnings from the Global Financial Crisis (2007-09). The impact of the crisis was exacerbated due to the interconnectedness of financial institutions and international financial markets. Monitoring the fragility of the financial system, referred to as systemic risk in financial…
A technology that has had a significant impact on organizations, large and small, is cloud computing. Numerous case studies have thrown light on how the cloud has revolutionized airlines, healthcare, banking, education, etc. Fundamentally, the cloud is the availability of resources (infrastructure, platform, software) that are provisioned via the internet. For the startup and enterprise,…
In a landmark achievement, Prime Minister of Pakistan Mr. Imran Khan has approved the status of Hi-Tech Special Economic Zone SEZ for National Science & Technology Park (NSTP) located at National University of Sciences & Technology (NUST). As per the announcement by Board of Investment (BoI), this approval was granted in the 6th meeting of…
