The Federal Board of Revenue (FBR) has extended the date for filing Income Tax returns for the tax year 2022… Read More
FBR Creates History by Collecting Rs. 1.63 Trillion in Tax Collection During Q1 FY22
The Federal Board of Revenue (FBR) has provisionally collected Rs. 1.635 trillion during the first quarter (July-September) 2022-23 against the… Read More
Ishaq Dar Announces Big Decrease in Petrol Prices Within Days of Taking Charge
Finance Minister, Ishaq Dar has announced a reduction in prices of petroleum products to pass on the benefit of decreasing… Read More
Circular Debt Soars to Rs. 2.5 Trillion
The Senate Standing Committee on Power has been informed that the circular debt of the power sector has reached up… Read More
Operational Inefficiency of Power Plants Cost Power Consumers Rs. 24 Billion in FY22
System constraints and operation of inefficient power plants due to the unavailability of Liquefied Natural Gas (LNG) have resulted in… Read More
Mentally-Challenged Prisoner Escapes From Hospital With His Sisters’ Help
A mentally-challenged prisoner from Camp Jail Lahore escaped from a mental hospital on Friday, where he had been brought for… Read More
Peugeot’s Sister Company Unveils Car Made From Cardboard [Photos]
Citroen — Peugeot’s sister company — has unveiled a car concept with body panels made from cardboard. Dubbed ‘Oli’, the… Read More
Pakistan Railways Finally Restores Quetta-Taftan Track After 2 Months
Pakistan Railways has finally restored the Quetta-Taftan Railway track after more than two months. The track was rendered useless on… Read More
Power Consumers Charged Additional Rs. 97 Billion in FY22
The end power consumers have been burdened with an additional approximately Rs. 97 billion on account of the operation of… Read More
Capacity Payments to IPPs Increase by Rs. 107 Billion in FY22
The capacity payments to the Independent Power Producer (IPPs) have increased by Rs. 107 billion to Rs. 721 billion in… Read More
Finance Ministry Outlines Economic Challenges Pakistan Faces After Floods
Already confronting inflationary and external sector pressures, Pakistan’s economy is under severe economic and humanitarian crisis due to recent flash… Read More
Gul Ahmed Textile Records Highest Ever Profit of Over Rs. 9 Billion in FY22
Gul Ahmed Ltd. recorded an all-time high consolidated profit during the fiscal year that ended on June 30th, 2022 (FY22).… Read More
