Minister inaugurates Rs8.1m water supply project By: APP on February 2, 2022Punjab Minister for Special Education Chaudhry Muhammad Akhlaq and Pakistan Tehreek-e-Insaf (PTI) leader Amir Dar, along with a taxpayer Kashif Rahim, chief executive officer (CEO) Makkah Tanneries, formally inaugurated a water supply project in Muhammad Pura, on Wednesday. The project would be completed with Rs8.1 million. A large number of residents of Muhammad Pura including […]
FBR exceeds revenue collection target with Rs262b By: Web Desk on February 1, 2022ISLAMABAD: The Federal Board of Revenue (FBR) collected Rs262 billion more than its seven-month net tax collection objective. The FBR has effectively maintained the momentum of its revenue collecting growth trajectory. According to the FBR, the supreme tax collection body collected Rs3,352 billion against its set target of Rs3,090 billion. This represents a growth of […]
Sources say Pakistan will take a $5 billion loan from China, Russia, and Kazakhstan By: Web Desk on January 31, 2022ISLAMABAD: As Pakistan tries desperately to stabilize its FX reserves, the federal government has chosen to seek $5 billion in loans from China, Russia, and Kazakhstan. Pakistan is expected to receive a $3 billion loan from China and a $2 billion loan from Russia and Kazakhstan, according to details. The Chinese loan will be used […]
Pak-Japan agreed for further enhancing trade relations, particularly in agriculture By: APP on January 20, 2022Pakistan and Japan on Thursday agreed to further enhance bilateral trade, particularly trade in agriculture products, besides enhancing mutual cooperation to benefit from expertise and knowledge for the welfare of the people of both countries. The consensus in this regard was developed in a meeting between the Ambassador of Japan to Pakistan Mitsuhiro Wada, who […]
Intentions of govt. to regularize cryptocurrency in Pakistan: Shibli Faraz By: Web Desk on January 19, 2022ISLAMABAD: Shibli Faraz, Pakistan’s Minister for Science and Technology, stated on Wednesday that the Pakistan Tehreek-e-Insaf (PTI)-led federal government plans to regulate cryptocurrency in the country. In Islamabad, he was speaking at the first Pakistan Blockchain Summit 2022. Shibli Faraz said the State Bank of Pakistan, Securities and Exchange Commission and Finance Division are already […]
NEPRA will consider a power tariff increase for household consumers By: Web Desk on January 18, 2022ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) has received a recommendation to raise the power rate for home consumers by Rs0.95 per unit. According to the facts, a proposal has been made to increase the power tariff from Rs0.08 per unit to Rs0.95 per unit for different slabs of residential consumers. The power tariff […]
Successful Dubai investment conference to mark era of progress, opportunities: CM By: APP on January 17, 2022Chief Minister (CM) Khyber Pakhtunkhwa (KP), Mahmood Khan on Monday said that the provincial government held a successful investment conference in Dubai which would help in transforming the province by creating economic opportunities and increase in employment opportunities. In a statement, he said, “I am very glad to announce that we have signed MoUs with […]
From January 16, the price of petrol in Pakistan could reach an all-time high of Rs150 per litre By: Web Desk on January 13, 2022KARACHI: Sources at oil marketing businesses said Thursday that the price of petrol is expected to hit an all-time high of Rs150 per litre, owing to a rise in crude oil prices on the international market. According to sources, the government plans to raise the price of petroleum products by Rs6 per litre, with petrol […]
NPMC satisfied with flour price stability, express concern over sugar prices By: Web Desk on January 12, 2022The National Price Monitoring Committee (NPMC) on Wednesday expressed satisfaction over the wheat flour prices’ stability and availability of sufficient stocks of the commodity in the country. The NPMC, the meeting of which was presided over by Federal Minister for Finance and Revenue, Shaukat Tarin, however, expressed concerns about the slight increase in sugar prices […]
No additional taxes levied on common masses during last 3 years: Kanwal Shauzab By: Web Desk on January 12, 2022Parliamentary Secretary for Planning, Development and Reforms Kanwal Shauzab on Wednesday said that PTI during its 3 years’ tenure, had not imposed any additional taxes on the common man and all economic indicators show a positive trajectory due to the prudent policies of the present government. Talking to a private news channel, she criticized that […]