The major drivers of inflation are the petroleum and utility tariffs hike imposed under the International Monetary Fund’s (IMF) conditions.… Read More
Peshawar BRT Remains Unfinished and is Becoming More Expensive
Peshawar Bus Rapid Transit (BRT) project remains incomplete and is becoming more expensive with the passage of time due to… Read More
Punjab to Launch Special PhD Scholarship Program
Higher Education Commission (HEC) Punjab is working to launch a special scholarship program for PhD students, Chairman HEC Punjab, Prof.… Read More
EDP Working on Power Sector Indigenization Plan to Reduce Import Bill
The Engineering Development Board (EDB) has identified several sectors and products under Power Sector Indigenization Plan (PSIP) to reduce the… Read More
FBR Resumes Tax Exemption to Qatar Companies
The Federal Board of Revenue (FBR) has restored exemption on income derived by Kuwait Foreign Trading Contracting and Investment Company… Read More
European Union to Provide €350,000 for Flood Affectees in Pakistan
The European Union (EU) has announced to provide €350,000 for the humanitarian assistance of flood affected families in Pakistan. The… Read More
Govt Imposes Nominal Taxes on Traders’ Electricity Bills
After the revocation of recent taxes on traders, the government has again introduced fixed sales taxes for traders on electricity… Read More
FBR to Reduce Advance Taxes on Public Transport Vehicles
The Federal Board of Revenue (FBR) has decided to reduce taxes on public transport vehicles to relieve travelers and service… Read More
PTA Gives 6 Months to 3 Mobile Companies for Improving Quality of Services
Pakistan Telecommunication Authority (PTA) has given six months’ time to three cellular companies for improving and maintaining the quality of… Read More
Govt Increases Cigarette Prices by Rs. 20-30 Per Pack
The tier-1 cigarette (Goldleaf etc.) prices are likely to increase by Rs. 20-30 per pack as the government introduces a… Read More
Car Financing Affected by Price and Interest Rate Hikes in July 2022
The inflation and the government’s efforts to discourage auto industry imports have started taking a toll on car demand, as… Read More
Private Firms Reluctant to Pair Up With PLL for Operating its LNG Terminal
Private firms are reluctant to enter into an agreement with Pakistan LNG Limited (PLL) for the utilization of around 30… Read More
