The foreign exchange reserves held by the State Bank of Pakistan (SBP) increased slightly on a weekly basis according to… Read More
Cabinet Committee Directs to Initiate Process for Winding Up PTDC
Federal Minister for Finance Senator Muhammad Aurangzeb presided over a meeting of the Cabinet Committee on State-Owned Enterprises (CCoSOEs) at… Read More
APTMA Urges Govt to Rethink Regressive Tax Measures Against Textile Sector
The All Pakistan Textile Mills Association (APTMA) has voiced serious concerns regarding the “regressive and punitive” tax and customs-related measures… Read More
Minister Directs Third-Party Audit of Fertilizer Companies to Determine Production Costs
Federal Minister for Industries and Production Rana Tanveer Hussain Thursday directed that a third-party audit be conducted to determine the… Read More
Senate Body Directs FBR to Revisit Policy on Punishing Telcos For Its Non-Filer Issue
The Federal Board of Revenue (FBR) has been ordered to create a structured penalty table for non-filers and to revisit… Read More
Pakistan Now Fulfils 95% of its Mobile Phone Demand Through Local Production
Local manufacturing/assembling of mobile phones in Pakistan surged by 55 percent to 2.23 million units in May 2024 compared to… Read More
Most Parliamentarians Own Smuggled Vehicles: Senator Faisal Vawda
Senator Faisal Vawda on Thursday claimed that most parliamentarians own smuggled vehicles. He said this during a meeting of the… Read More
Gold Price in Pakistan Remains Unchanged
The price of gold in Pakistan remain unchanged after the holiday break on Thursday. According to data issued by the… Read More
Pak Rupee Declines in Value Against Big Currencies After Eid
The Pakistani rupee (PKR) ended its 2-day win streak against the US Dollar today after opening trade at 278 in… Read More
Senate Committee Opposes Increasing Tax on Electric, Hybrid Cars in Budget 2024-25
A meeting of the Senate Standing Committee on Finance and Revenue was held under the chairmanship of Senator Saleem Mandviwala… Read More
NCERT Issues Cyber Alert Against Fake SIFC Officers Sending WhatsApp Texts
The National Computer Emergency Response Team (NCERT) has issued a warning about a cyber threat targeting government organizations in Pakistan.… Read More
Power Generation Goes Up Slightly in May
Power generation in the country went up by 2.7 percent YoY to 12,617 gigawatts per hour (GWh) in May 2024,… Read More
