The Ministry of IT & Telecom has drafted initial proposals for its federal Public Sector Development Program (PSDP) budget for… Read More
Public Accounts Committee Resolved Only 12% of 41,700 Audit Objections in 14 Years
The Public Accounts Committee (PAC) of the National Assembly reviewed 41,700 audit objections over the past 14 years but managed… Read More
Exclusive: Google Pay to Launch in Pakistan by March 2025
Google Pay is now officially entering Pakistan with a launch expected by mid-March 2025, sources close to the matter informed… Read More
Google Wallet’s Anticipated Launch in Pakistan Takes Unexpected Turn
In December 2024, Google Developer Notes hinted at a full-scale rollout of Google Wallet in various countries, including the arrival… Read More
Bill in Works to Legalize Cryptocurrencies and Launch Digital Rupee in Pakistan
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
