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Sahar IqbalAkhund Forbes, Karachisahar.iqbal@akhundforbes.comPakistan’s Ministry of Information Technology and Telecommunication (MoITT) has drafted the National Freelancing Facilitation Policy 2023, a substantial initiative aimed at strengthening its digital economy.[1] The objective of this policy is to establish Pakistan as a prominent global centre for freelancing, thereby augmenting the average yearly income of freelancers and making a substantial contribution to the country’s influx of export remittances.Objective and scopeThe policy aims to augment the quantity of active freelancers in Pakistan to one million, with the objective of elevating their average annual income to US$5,000. This has the potential to increase export remittance inflows by…

The United States Social Security (SSA) benefits have a maximum amount that changes every year. Therefore, if we take into account that this increase is applied once a year, we can affirm that the payments for all the months of 2025 will have a higher amount. Knowing this, we can realize something very important: retirees get more money in this year 2025. This means that the budget of Social Security (SSA) beneficiaries who do not usually collect another benefit is a little higher and they therefore have a better quality of life. Therefore, retirees with any type of benefit, regardless…

If you’re a freelancer, business owner or someone who occasionally makes money on the side, you need to know about the new tax reporting requirement for PayPal, Venmo, Cash App and other third-party payment apps.The IRS is requiring third party payment apps to send you a 1099-K tax form if you made more than $5,000 on the platform in 2024. This reporting change will give the IRS a clearer picture of how much you earned in untaxed income this year to help ensure you pay your taxes properly. For the 2025 tax year, the threshold will drop to $2,500. This story is…

The week begins with the market in the midst of 7 week rally, which makes it vulnerable to a potentially bearish closing price reversal top. Last week, XAU/USD settled at $2882.48, up $21.23 or +0.74%. Trade War Concerns Continue to Underpin Gold Demand Gold’s strength this week has been fueled by growing trade tensions after U.S. President Donald Trump signed an executive order targeting foreign nations’ trade policies. The plan introduces reciprocal tariffs on countries imposing taxes on U.S. imports, raising fears of a prolonged trade standoff. Although Trump held off on immediate tariff implementation, the move injected fresh uncertainty…

Introduction Freelance Statistics: With the internet and digital tech changing how we work, you don’t have to stick to a 9-to-5 office job anymore. Some people think freelancing is the best way to work today, while others see it as just a temporary trend. To figure out which is true, look at some straightforward Freelance Statistics. These numbers will give you clear information about freelancing, whether you want to hire a contractor at a lower cost or are thinking about a career change. Editor’s Choice In the United States, 70% of small and medium-sized businesses hire freelancers at least sometimes.…

CINCINNATI (Cincinnati Business Courier) – Mercy Health announced it is parting ways with a major national commercial insurer if an agreement is not reached by the end of March, a move that could affect nearly 30,000 customers in Ohio.After months of negotiations, Mercy Health and Cigna have been unable to reach an agreement on reimbursements to the health system. If an agreement isn’t reached by March 31, Mercy Healthy hospitals, physicians, urgent cares, surgery centers and all other sites will no longer be in the Cigna network.On April 1, those with employer-sponsored Cigna commercial plans will no longer be in-network…

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The State of Wisconsin Investment Board (SWIB) appears to have reduced its exposure to the Grayscale Bitcoin Trust exchange-traded fund while adding to its position in Blackrock’s iShares Bitcoin ETF. A new filing with the U.S. Securities and Exchange Commission (SEC) indicates SWIB holds 6,060,351 shares of BlackRock’s IBIT. With the fund trading at $55.33 at time of writing, that means SWIB’s IBIT exposure currently stands at more than $335.3 million. In a previous filing back in May, SWIB reported owning only 2,450,400 shares of IBIT. However, the May filing indicated the investment board also held 1,013,000 shares of Grayscale’s…

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LONDON, Feb. 6, 2025 /PRNewswire/ — YunoJuno, the leading contingent workforce management platform connecting businesses with freelancers and contractors, this week released its comprehensive 2025 Freelancer Rates Report, revealing key insights into the evolving freelance market. The report, based on YunoJuno’s proprietary data and analysis of 261,000+ freelance contracts, shows a 3% year-on-year increase in average day rates, reaching £390 per day (£49 per hour). Showcasing a new skills analysis component for 2025, the report identifies the top 10 most frequently booked skills across 15 core disciplines, alongside the top 3 skills with the most significant positive impact on day rates.…