The Ministry of Finance has refused to increase the salaries of the employees of the federal government until new changes… Read More
Pakistani Rupee Continues to Lose Value Against Most Major Currencies
The Pakistani Rupee (PKR) lost four paisas against the US Dollar (USD) in the interbank currency market on the opening… Read More
IPPs and Government Agree on Two-Installment Payment Plan
Around two dozen Independent Power Producers (IPPs) have initialed agreements with the government, subject to approval from the boards and… Read More
HUBCO’s Subsidiary and CPPA Enters an Agreement to Reduce Tariff
Narowal Energy – a unit of Hub Power – has entered an agreement with the state-owned Central Power Purchasing Agency,… Read More
Shabbar Zaidi Suggests Demonetization of Rs. 5000 Note
The former head of the Federal Board of Revenue (FBR), Syed Shabbar Zaidi tweeted that the Government of Pakistan should… Read More
Govt to Introduce a Special Package for Farmers
Prime Minister Imran Khan has announced that the government will bring a special package for farmers very soon as a… Read More
FBR Collects Rs. 32 billion Income Tax on Profits from Bank Deposits in July to December 2020
Income tax collection from profit on bank deposits increased by 15 percent in the first half of the fiscal year… Read More
Pakistani Rupee Ends the Week With Losses Against Major Currencies
The Pakistani Rupee (PKR) lost 13 paisas against the US Dollar (USD) in the interbank currency market on the final… Read More
Profit Rates on National Saving Schemes Increased
The federal Finance Department has announced an increase in the profit rates of the National Savings schemes by an average… Read More
Pakistani Rupee Loses Big Against Most Currencies Third Day in a Row
The Pakistani Rupee (PKR) lost 11 paisas against the US Dollar (USD) in the interbank currency market on Thursday following… Read More
Construction Industry Development Board to Review CIDB Bill, 2021
An important meeting of the Construction Industry Development Board (CIDB) would be held at the Ministry of Planning, Development, and… Read More
Govt Announces New Ordinance to Extend Tax Amnesty for Construction Sector
The government has promulgated the Income Tax Amendment Ordinance, 2021 to change the dates for the extension of the tax… Read More
