The Senate of Pakistan is set to consider the Virtual Assets Bill 2025, introduced as a private member’s bill by… Read More
Utility Stores Corporation Raises Minimum Wage for Its Daily Wage Workers
The Utility Stores Corporation (USC) has increased the minimum monthly salary of its daily wage employees to Rs. 37,000. The… Read More
Pakistan’s Inflation Rate For December Likely to Drop to New 6.5-Year Low
Following a 4.9 percent reading in November 2024, the CPI is expected to drop to 4.0 percent in December 2024,… Read More
NEPRA Exempts Foreign-Funded Renewable Energy Projects From Procurement Rules
The National Electric Power Regulatory Authority (Nepra) has amended its regulations to exempt renewable energy projects developed under the Inter-Governmental… Read More
OGRA Approves SNGPL Request for Rs. 8.5 Billion in Recoverable Finance Costs
In a positive development, the Oil and Gas Regulatory Authority (OGRA) has allowed 88 percent of the requested finance cost… Read More
Govt Raises Rs. 913 Billion Via Treasury Bills
The cut-off yields on Treasury Bills (T-Bills) were up by up to 22 basis points in the auction of the… Read More
Transaction Restrictions on Non-Filers Violates the Law: Tax Expert
A leading tax expert has apprehended that the restrictions on financial transactions of non-filers under “Tax Laws (Amendment) Bill, 2024”… Read More
Hoechst Pakistan to Set Up Subsidiary in UAE
Hoechst Pakistan Limited (PSX: HPL) has announced plans to incorporate a wholly owned foreign subsidiary in the United Arab Emirates… Read More
Pakistan Seeks $500 Million Additional Project Financing from Multilateral Institutions
The government is preparing to secure an additional $500 million in project financing from multilateral institutions during the current fiscal… Read More
FBR to Add Hotels, Restaurants and Ride-Hailing Companies to Single Sales Tax Return
The Federal Board of Revenue (FBR) and all the Provincial Revenue Authorities/Board will extend the scope of a Single Sales… Read More
OGRA Recommends 26% Increase in Gas Prices
The Oil and Gas Regulatory Authority (Ogra) has recommended the federal government increase gas prices by up to 26 percent… Read More
Solar Panel Schemes by Punjab, Sindh and KP Leave Policymakers Puzzled
The widespread adoption of solar panels across Pakistan, coupled with provincial government initiatives to provide free or subsidized solar systems… Read More
