The crippling fuel price inflation in the past year has prompted motorists to consider electric bikes as a possible alternative.… Read More
Shop Owners and Traders Will Not Follow Government’s Energy Saving Plan
All Pakistan Traders Association (APTA) has opposed the government’s decision to close markets and commercial centers by 8 pm starting… 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
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
Imported Mobiles to Get Cheaper as Govt Plans to Slash Taxes in FY24 Budget
A major review of the duties and taxes structure on the import of mobile phones is underway at the Federal… 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
Govt to Undertake Rs. 5 Billion Program to Support IT Startups
The federal government has decided to undertake a Rs. 5 billion program under the next fiscal year’s (FY24) Public Sector… 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
