ISLAMABAD -UNS: The National Electric Power Regulatory Authority (Nepra) on Thursday granted the government’s request to raise the basic electricity tariff by up to Rs7.12 per unit. This increase will be applied nationwide, including in Karachi, with households consuming up to 200 units a month being exempt from the hike […]
Business
ISLAMABAD -APP :The total liquid foreign reserves of Pakistan increased to US$ 14,644.7 million in the week ended on July 05, 2024 while the reserves held by central bank were recorded as $ 9,405.1 million. The SBP reserves, according to a statement issued here on Thursday, increased by $ 16 […]
Islamabad-UNS:President Federation of Pakistan Chamber of Commerce and Industry Atif Ikram Sheikh has said that we request the government to revise the budget, after the presentation of the budget, the difficulties of the export sector have increased. Electricity and gas rates have already increased. Not globally competitive, these will increase […]
ISLAMABAD -UNS: A day after the National Assembly passed the federal budget, the International Monetary Fund (IMF) has once again demanded ‘do more’ from Pakistan. According to the sources of finance ministry, the IMF wants increase in the electricity and gas prices by July 10 next month. “The IMF has […]
ISLAMABAD -Reuters/WTP Report : The National Assembly on Friday passed the government’s tax-heavy finance bill for the coming fiscal year ahead of more talks on a new International Monetary Fund (IMF) bailout as it seeks to avert a debt default for an economy growing at the slowest pace in South […]
By Muhammad Mohsin Iqbal The budget process in the National Assembly of Pakistan is a cornerstone of the country's fiscal governance, delineating the government's economic priorities, revenue generation strategies, and expenditure plans for the fiscal year. This intricate process involves multiple steps, ensuring comprehensive scrutiny and parliamentary approval. The budget […]
ISLAMABAD-UNS: President Federation of Pakistan Chamber of Commerce and Industry, Atif Ikram Sheikh, while talking about the budget anomalies, has said that 30% tax will be imposed on the money kept in the bank by non-filers, thirteen trillion rupees will be collected in a day. Expenses will have to be […]
UNS: Sindh Chief Minister Syed Murad Ali Shah on Friday presented the budget of the province for fiscal year 2024-25 Speaker Awais Qadir Shah presided over the session in which the CM unveiled the budget with a total outlay of Rs3.056 trillion. As the chief minister started his speech, the […]
ISLAMABAD -UNS:Atif Ikram Sheikh President FPCCI has said in a post budget press conference that the budget proposals are not business friendly which will discourage most sectors including exports. Regarding ease of doing business, nothing was seen in the budget, similarly, the revenue target seems unrealistic. We demand that the […]
ISLAMABAD -UNS: A significant milestone was reached today as the National University of Technology Islamabad (NUTECH) and Kohinoor Textile Mills Ltd (KTML) joined hands in a momentous Memorandum of Understanding (MoU) signing ceremony, held at NUTECH’s premises. The ceremony, which took place on 13 June 2024, signifies a vital collaboration […]