Citizens are poised to face 3-5 hours of load-shedding during peak summer as the government has decided to reduce furnace… Read More
Govt to Tax Industrial Units Located in Ex-FATA Region From July 1
The government has decided to impose taxes on the industrial units of iron/steel, plastics, ghee, textile, and other sectors located… Read More
Govt May Jack Up Petroleum Levy Rate to Rs. 60 Per Liter in FY24
The government could increase petroleum levy rates on fuel products to an all-time high of Rs. 60 per liter as… Read More
ADB’s IED Rates Pakistan’s COVID-19 Active Response Program as Highly Successful
The Independent Evaluation Department (IED) of the Asian Development Bank (ADB) has rated ‘Pakistan: COVID-19 Active Response and Expenditure Support… Read More
P@SHA Urges Govt to Announce Tax Exemptions for IT Industry to Enhance Exports
Pakistan Software Houses Association (P@SHA) Chairman Muhammad Zohaib Khan has urged the government to announce exemptions for the IT and… Read More
Govt Allocates Rs. 90 Billion for Parliamentarians’ Schemes in FY24
The federal government has allocated Rs. 90 billion for parliamentarians’ schemes in the next fiscal year 2023-24 (FY24). Sources said… Read More
$820 Million Investment in SEZs to be Completed in 2 Years, NA Body Told
The National Assembly Standing Committee on Board of Investment (BOI) was informed on Tuesday that $820 million planned infrastructure investment… Read More
FBR Issues Strict Procedure for Tracking of Import, Export Cargo
The Federal Board of Revenue (FBR) has issued a strict procedure for the tracking and monitoring of a wide range… Read More
World Bank Cuts Pakistan’s GDP Forecast to 2% for FY24
Continuing effects of the August 2022 floods in Pakistan, compounded by worsening social tensions, high inflation, and policy uncertainty, are… Read More
Govt to Undertake 10 Key Initiatives Under FY24 PSDP to Lure Voters
The federal government has decided to undertake 10 key initiatives under next year’s Public Sector Development Program (PSDP) to lure… Read More
Govt Sets Growth Target of 3.5% for FY24
Federal Minister for Planning, Development and Special Initiatives Ahsan Iqbal Tuesday announced that the government had approved GDP growth target… Read More
Price of Gold in Pakistan Sinks to Almost One-Month Low
The price of gold in Pakistan slumped to almost a one-month low after a decline of Rs. 2,300 per tola… Read More
