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Petroleum product prices have once again been revised, but this time the news is mixed for consumers. The Ministry of Finance has announced that petrol prices will remain unchanged, while the price of diesel will be reduced significantly. The decision comes in light of global market trends and domestic economic considerations. Petrol Price Remains Stable …
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>Pakistan International Airlines’ (PIA) privatisation process has entered an advanced phase, with authorities aiming to complete the deal within the next two to three months. According to government officials, four bidders have been shortlisted after scrutiny and have begun due diligence to assess the airline’s financials and operations. Four Bidders Cleared for Due Diligence Out …
Continue reading “PIA Privatisation Nears Completion as Government Pushes for Final Deal”
Palestine Action has taken legal action against the UK government over the recently imposed Palestine Action ban, which designates the group as a terrorist organization. On Friday, the group’s co-founder Huda Ammori appeared before London’s High Court, seeking an urgent pause on the proscription order set to take effect at midnight. Legal Challenge to Terror …
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In a surprising turn, tax exemptions in Pakistan have soared to a record Rs5.8 trillion during the current fiscal year. The massive jump in tax exemptions comes despite the government’s efforts to withdraw several concessions. The keyword “tax exemptions” takes center stage as this unexpected spike raises serious questions about fiscal management. Exemptions Rise Sharply …
Continue reading “Tax Exemptions Surge to Rs5.8 Trillion Despite Government Cuts”
The government is making digitization a key priority to enhance transparency and efficiency in public services. Minister for Planning and Development Ahsan Iqbal emphasized this during a press conference in Islamabad. He highlighted that integrating technology into governance is crucial for ensuring fairness and accountability. Ramadan Relief Package: A Step Towards Digital Inclusion For the …
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The federal government has decided to keep petroleum prices unchanged for the next fortnight, despite expectations of a price drop. A notification from the Finance Division confirmed that all fuel prices would remain at current levels. Current Fuel Prices The unchanged fuel rates are as follows: High-Speed Diesel (HSD): Rs258.64 per litre Petrol: Rs255.63 per …
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The federal government has yet to make a final decision regarding the proposed increase in gas tariffs for Captive Power Plants (CPPs). The delay comes despite pressure from various quarters, including the International Monetary Fund (IMF). Petroleum Division Suggests Gas Supply Disconnection The Petroleum Division had initially recommended disconnecting gas supplies to CPPs as an …
Continue reading “Government Delays Decision on Gas Tariff Hike for CPPs”
Islamabad: The government and Pakistan Tehreek-e-Insaf (PTI) may engage in talks today. Government sources claim that PTI initiated contact for dialogue. This marks a potential thaw in the tense political climate. Prime Minister’s Political Advisor Rana Sanaullah confirmed the contact but clarified there were no formal negotiations yet. Meanwhile, PTI Secretary of Information Sheikh Waqas …
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The federal government has launched a series of initiatives aimed at reducing electricity tariffs, acknowledging the severe financial challenges facing the country’s power sector. This move comes as part of a broader effort to address the structural issues plaguing the sector, which has long been a source of concern for both policymakers and the public. …
Continue reading “Government Considers Shutting IPPs to Cut Power Tariffs”
Lt Gen (retd) Amjad Shoaib, a former army officer, was arrested by Islamabad police early on Monday on suspicion of inciting public dissent against national institutions. According to sources, he was apprehended at his residence in the federal capital by officers from the Ramna police station. The arrest came after an FIR was filed against …
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Pakistan Tehreek e Insaaf (PTI) chairman, Imran Khan has announced his upcoming decisions. A few days ago, Imran Khan mentioned in an interview that he will give sleepless nights to Prime Minister Shahbaz Sharif and that he will take decisions to achieve this plan. Now Imran Khan has announced that he will be taking his …
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Prices of everyday commodities are increasing day by day all over the world. Pakistan is also struggling in the face of high inflation rates and people’s appeals to lower prices. Federal Minister of Food and Security, Tariq Basheer Cheema held a press conference to address the issues of high prices in food commodities. He said …
Continue reading “Tariq Cheema Urges People to Stop Eating Chicken”
The Taliban government has been struggling for a while due to the economic crisis and the unavailability of foreign funding. Now, the Taliban have decided to adopt a new strategy to deal with the economic crisis. Afghan Commerce Minister, Haji Noorudin Azizi suggests that Afghanistan must focus on growing and using domestic products. Also, the …
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During the coronavirus pandemic in 2019, all countries went through a tough time as millions of people died all over the world and many suffered gruesome symptoms. A lot of financial amounts were allocated to deal with the coronavirus, to help people get treatment, to provide food and supplies to people, to avoid shortage of …
Continue reading “Sindh Government Mismanaged Covid Spending – Audit Body”
Pakistan Tehreek e Insaaf’s long march will be held today in Rawalpindi and high security is deployed amid threats Former prime minister, Imran Khan will hold his much-awaited Tehreek e Insaaf Azadi long march in Rawalpindi. He will reach his destination by helicopter. Sources reveal that the government deployed more than 7000 security personnel around …
Karachi: Aiming to collaborate and cooperate for POS integration of tier-I retailers within the jurisdiction of CTO, Karachi, a Memorandum of Understanding (MoU) has been signed between the Consumers Association of Pakistan (CAP) and the Corporate Tax Office (CTO), Karachi. Federal Board of Revenue, Government of Pakistan has introduced sophisticated scheme for POS integration of …
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Karachi: President EFP, Ismail Suttar, has strongly recommended the Hon’ble Advisor to Prime Minister on Commerce & Investment, Abdul Razak Dawood, to look into the near-extinct state of Pakistan’s Stationary sector for extending the closure of schools due to Coronavirus for almost 250 days. The Director EFP and a senior industrialist, Ahsan Ullah Khan, who …
Continue reading “EFP Seeks Govt Support to Save Stationery Industry from Disaster”
This video of Indian PM is making rounds on Social Media The Modi government, following extremist and anti-Muslim politics, is seen as a threat not only to the region’s enduring stability but also to India’s minorities. That is why extreme anger and frustration are found among the minorities in India, which is also expressed from …
Continue reading “Indians showered Modi with Shoes and Slippers”
