ISLAMABAD: The Federal Board of Revenue (FBR) has failed to implement the key recommendations of the Federal Tax Ombudsman (FTO) who has converted the punishment of disciplinary proceedings ...

ISLAMABAD: The Federal Tax Ombudsman (FTO) has strongly recommended the Federal Board of Revenue (FBR) to consider sales tax exemption on local sales of bun and rusk in the coming federal budget ...

The Federal Tax Ombudsman (FTO) has ruled that all power distribution companies must collect an 18% sales tax on electricity supply without adjusting for net metering, citing concerns over ...

Northvolt, the electric vehicle battery maker founded by two former Tesla executives, has reached the end of the road after failing to secure additional funding. The Swedish company's board ...

Global EV sales are expected to grow by 18.8% in the year 2025, while the performance gap among major EV markets will become more pronounced. Abstract DIGITIMES observes that while the global EV ...

Theophilus Chin’s idea of what the production Perodua EV could look like, based on KLIMS 2024’s eMO-II concept “The EV space is where we see strong potential. The demand is growing ...

It's that cartels have established shell organizations or infiltrated organizations that appear to be legitimate.” That means to comply with this new FTO designations, companies will need revamp their ...

With a “sleek and stylish design,” the new EV is part of Toyota’s plan to attract more buyers. Here’s our first look at what’s coming. Toyota teases a new EV ahead of its debut in March ...

Nikola, the Phoenix-based EV startup focused on electric and hydrogen commercial trucks, has filed for Chapter 11 bankruptcy. The news comes after reports earlier this month that the fledgling ...

Mercedes-Benz signals cost-cutting measures and changes to some aspects of its EV strategy after bleak 2024 financial results, and warn of more drops in revenue in 2025. The automaker plans to ...

Although the automaker said it won't build an electric Tundra until EV infrastructure improves, the lower demands placed on a mid-size pickup could be why Toyota already teased an electric pickup ...