The government has suspended the supply of gas to all the textile mills in Punjab, putting the export industry at… Read More
Govt Finally Announces a Big Decrease in Petrol Prices
The government has decided to reduce the prices of petroleum products by as much as Rs. 7.01, easing the burden… Read More
Oil Prices in Focus Yet Again as NPMC Directs Provinces to Reduce Rates
The National Price Monitoring Committee (NPMC) has directed the provinces to address the differences in prices of edible oil and… Read More
FBR Removes ICDC Requirement for Industrial Units in Ex-FATA
The Federal Board of Revenue (FBR) has removed the condition of the Installed Capacity Determination Certificate (ICDC) of Khyber Pakhtunkhawa… Read More
Pakistan Submits Proposal to World Bank Seeking $225 Million For “Digital Connectivity”
The government has submitted the “Digital Economy Enhancement Project” to the World Bank, seeking $225 million to strengthen digital connectivity… Read More
Jazz to Provide High Speed Internet on M3 and M5 Motorways
The Ministry of IT and Telecom, through the Universal Service Fund (USF), awarded contracts worth approximately Rs. 300 million to… Read More
Pakistan Still Owes Rs. 230 Billion to Chinese Electric Companies
The federal government has once again failed to reach a decision on the payment of Rs. 230 billion that it owes Chinese… Read More
Commerce Ministry Delays Trade Policy Announcement
Despite a month-long delay, the Ministry of Commerce is yet to announce the Strategic Trade Policy Framework 2020-25 for local… Read More
FBR Reviews Bill to Withdraw Sales Tax Exemptions
The Federal Board of Revenue (FBR) assessed the draft bill for the withdrawal of sales tax exemptions and zero-rating worth… Read More
Pakistan Will Soon Run Out of Gas: Fawad Chaudhry
Federal Minister for Information and Broadcasting Fawad Chaudhry on Tuesday warned that “Pakistan will have no gas in years to… Read More
Proposals for Curbing Tax Evasion by Sugar Sector Floated in Cabinet
The government has been given a suggestion to impose a sales tax on the actual sales price of sugar to… Read More
SBP Increases Policy Rate by 1%
The State Bank of Pakistan’s (SBP) Monetary Policy Committee (MPC) on Tuesday raised the policy rate by 100 basis points… Read More
