Pakistani exporters have failed to maintain their market share with important trading partners including China, Malaysia, the United Kingdom, and… Read More
Senior Customs Officer Dismissed On Missing Dozens of Seized Vehicles
The Collectorate of Customs Islamabad has removed the Superintendent Incharge of Anti-Smuggling Organization (ASO), Investigation and Prosecution (I&P), and State… Read More
Budget Deficit Surges 84% to Rs. 809 Billion in First Quarter of FY23
The federal government’s budget deficit has increased to Rs. 809 billion mainly due to high debt servicing and low non-tax… Read More
Free Electricity for Power Sector Employees is Costing Rs. 6.4 Billion
The cost of free electricity for the employees of government-owned power sector entities has swelled to Rs. 6.4 billion excluding… Read More
Illegal Occupants Owe Karachi Port Trust Over Rs. 500 Million in Rent
Different individuals and companies owe the Karachi Port Trust (KPT) millions of rupees as they occupied plots owned by the… Read More
CDWP Clears Rs. 292 Billion Karachi Circular Railway Project
The Central Development Working Party (CDWP) on Tuesday cleared the Karachi Circular Railway Project (KCR) worth Rs. 292.389 billion. A… Read More
FDI in Agriculture Sector Declines by $54 Million in First Quarter
The Foreign Direct Investment (FDI) in Pakistan’s agriculture sector declined to just $0.56 million during the first quarter (July-Sept) of… Read More
Govt Likely to Lift Ban on New Gas Connections Despite Energy Crisis
The federal government is considering lifting the ban on new gas connections of the Sui Northern Gas Pipelines Limited (SNGPL)… Read More
FBR Dismisses Official for Unauthorized Absence from Duty
The Federal Board of Revenue (FBR) has dismissed the Deputy Commissioner (DC) Large Taxpayers Unit (LTU) for unauthorized absence from… Read More
BISP Disbursements to Flood Affectees Cross Rs. 22 Billion
The Benazir Income Support Program has distributed over Rs. 22.95 billion among 918,121 families in flood-affected areas. According to official… Read More
Finance Ministry Revises Basic Pay and Grant Adhoc Relief Allowance for Civil Servants
The Finance Ministry has revised Basic Pay Scale and Grant Adhoc Relief Allowance 2022 at 15 percent of Basic Pay… Read More
Govt Debt Skyrockets Over Rs. 50 Trillion in July Due to PKR Devaluation
The federal government’s debt stock swelled by Rs 2.720 trillion to hit Rs. 50.503 trillion during the first month of… Read More