PM Shehbaz Reviews FBR Reforms and Revenue Growth Prime Minister Shehbaz Sharif led a high-level meeting to review progress on the reforms and digitalization of the Federal Board of Revenue (FBR). During the meeting, officials shared that the government collected Rs 865 billion more in taxes compared to last year. This is eight times more […]
New Air Cargo Rates and Petrol Prices Announced in Pakistan The government has increased air cargo charges and fuel prices, starting from July 1. Changes in Air Cargo Charges: Pet birds: The cost to send pet birds by air has gone up by 50%. It was Rs200 per kg, now it is Rs300 per kg. […]
The government has decided to take strong action to control sugar prices and make sure there is enough supply for everyone. This decision was made in a high-level meeting. Officials said they will not allow sugar prices to rise unfairly, and anyone selling sugar at high prices or hiding it to create a shortage will […]
Pakistan Lowers Import Duties on Many Products The government has announced lower import taxes (called regulatory duties) on many items to support manufacturing, reduce prices, and encourage business. Changes for Industries and Food: Industrial sector: Taxes on raw materials used in factories have been reduced. Animals and fish: Only 5% duty on animals and chickens […]
Announced on Tuesday, the CMA described this development as part of its broader strategy to align with international standards, foster capital market advancement, broaden investment avenues, and enhance market competitiveness and transparency. Central to the initiative is the goal of reinforcing investor protection. The regulatory changes aim to strengthen listing requirements by setting clear conditions […]
While flying on Air Force One, Donald Trump talked to reporters and criticized Japan. He said Japan doesn’t buy enough American rice, and there is an unfair trade situation when it comes to cars between the two countries. Trump said, “I don’t think we’ll make a deal with Japan. They are very tough.” Back in […]
Iran May Have Prepared to Block Key Oil Route, U.S. Intelligence Says U.S. intelligence discovered that Iran may have secretly prepared to block the Strait of Hormuz after Israel launched a missile attack on Iran on June 13, according to officials who spoke on condition of anonymity. Iran reportedly loaded sea mines onto ships, though […]
This week, a strong heatwave hit Europe. It broke high temperature records, closed schools, and made fires more likely. In Spain’s Catalonia region, about 14,000 people had to stay inside their homes on Tuesday because two wildfires started at the same time in the Lerida area. In one fire near the city of Cosco, firefighters […]
Japan Warns of Big Earthquake Risk in Next 30 Years Earthquakes are very hard to predict. But in January, a Japanese government group said there is now a 75–82% chance that a huge earthquake will happen in the Nankai Trough (a deep area under the sea near Japan) within the next 30 years. In March, […]
Lawmakers voted 99 to 1 to remove a rule that would have stopped states from making their own AI laws. This happened during a long voting session called a “vote-a-rama,” where many changes were suggested to a big bill that Republicans want to pass. Only one lawmaker, Republican Senator Thom Tillis, voted to keep the […]
