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 […]
Chairman FBR appreciates IREN’s commendable performance By: Web Desk on January 12, 2022Chairman Federal Board Revenue (FBR) Dr Muhammad Ashfaq Ahmed on Tuesday appreciated Inland Revenue Enforcement Network (IREN) commendable performance. Building further on its momentum to maximize tax compliance, the Federal Board of Revenue’s Inland Revenue Enforcement Network (IREN) Squads, have seized 80,446,800 illegal cigarettes worth Rs195,674,652 involving duties and taxes of Rs156,135,055 in the six […]
Investors looking to SBP policy to determine direction of rupee By: Web Desk on January 11, 2022KARACHI: On Tuesday, the Pakistani rupee struggled to find direction as investors anticipated the State Bank of Pakistan’s (SBP) monetary policy decision later this week, seeking signs as to when policy tightening may occur. The local currency gained 0.03 percent against the US dollar on Tuesday, according to central bank data, completing the day at […]
Deadline been extended for exchange of old design banknotes By: Web Desk on January 8, 2022ISLAMABAD: The deadline for exchanging outdated design banknotes of Rs10, 50, 100, and 1000 denominations has been extended by a year by the government. Citizens can exchange outdated currency notes through the State Bank of Pakistan’s Banking Services Corporation (BSC) outlets till December 31, according to a statement released by the central bank. “Deadline for […]
In 2020-21, FBR collected Rs4,745b tax: finance ministry By: Web Desk on January 7, 2022ISLAMABAD: The finance ministry informed the Senate on Friday that the Federal Board of Revenue (FBR) collected Rs4,745 billion in tax for the fiscal year 2020-21. The finance ministry stated in a written report to the Senate that tax collection increased in 2020-21 compared to the first two years of the incumbent government. The report […]
Use an app to change the color of your car By: Web Desk on January 7, 2022At the Consumer Electronics Show (CES) in Las Vegas, BMW debuted the world’s first “colour-changing” vehicle. The BMW iX Flow concept car uses electronic ink technology similar to that used in e-readers to morph the car’s exterior into a range of grey and white designs. “This is really energy-efficient colour change using the technology E […]