Finance Muhammad Aurangzeb on Saturday said the central bank’s policy rate may gradually start falling this year. Talking to businesspeople… Read More
Govt Succumbs to Pressure, Withdraws Advance Tax on Petroleum Dealers
Petroleum dealers have successfully convinced the federal government to reverse the 0.5 percent advance turnover tax on petroleum products. Secretary… Read More
PM Directs Immediate Action Against DISCOs Officials Adding Extra Units to Bills
Prime Minister Shahbaz Sharif has ordered the Power Division to immediately suspend and take action against officers of electricity Distribution… Read More
Saudi Arabia’s WAFI Energy Officially Acquires Shell Pakistan Limited
Saudi Group Asyad Holding through UAE-based Wafi Energy Holding Limited has acquired 77.42 percent shareholdings and control of Shell Pakistan… Read More
Prime Minister Pushes Cost Saving Agenda, Plans to Abolish Up to 5 Ministries
Prime Minister Shehbaz Sharif is pressing his cost-saving plan amid severe economic challenges, sources say. He plans to abolish several… Read More
LHC Upholds CCP’s Power to Conduct Inquiry Against Poultry Feed Manufacturers
Lahore High Court vide Order dated 29-05-2024 has vacated a stay order that it had earlier granted to four poultry… Read More
Cabinet Committee Approves 6-Month Extension to Refinery Policy 2023
The Cabinet Committee on Energy, under the chairmanship of Prime Minister Shehbaz Sharif, approved the extension of 6 months in… Read More
NEPRA Notifies Rs. 3.3 Per Unit Electricity Tariff Hike for July Bills
The National Electric Power Regulatory Authority (NEPRA) on Friday notified a Rs. 3.33 per unit increase in the price of… Read More
Jazz Aims to Double Its Revenue in 4 Years, a Quarter from New Digital Businesses
With a compound annual growth rate of 19-22%, Pakistan’s largest cellular operator and digital services provider aims to double its… Read More
PTBA, Finance Minister Discuss Optimization of Tax Documentation Process
A delegation of the Pakistan Tax Bar Association led by PTBA President Anwar Kashif Mumtaz called on Federal Minister for… Read More
Short-Term Inflation Spikes as Budget Measures Take Effect
The Sensitive Price Index (SPI)-based inflation for the week ended July 4, 2024, increased by 1.28 percent attributable to measures… Read More
PM Orders FBR to Immediately Bring 4.5 Million Non-Filers Into Tax Net
Prime Minister Shahbaz Sharif on Friday ordered the Federal Board of Revenue (FBR) to immediately bring 4.5 million non-filers into… Read More
