“These two steps would stimulate the industry with positive vibes,” he said. He was talking to the minister during his visit to the regional office of the Federation of Pakistan Chambers and Commerce and Industry (FPCCI). Saquib Fayyaz Magoon, Acting President of FPCCI, Dr Gohar Ejaz, former Caretaker Federal Minister for Commerce, Industries, Investment & […]
In a statement, the flour mill owners said they would shut down the mill across Pakistan from Thursday if their demands were not met. Chairman Flour Mills Association Sindh Aamir Abdullah in his statement said they will stop the washing and grinding of the wheat from July 10 (tomorrow) and will go on a complete […]
According to details, the inaugural flight of SalamAir, OV563, arrived in Islamabad at 2:55 AM with 203 passengers on board and was greeted with a water salute when it arrived at Islamabad Airport. Following Islamabad, SalamAir is set to commence flights to Lahore starting tonight. The airline will operate five weekly flights, stated Airport Manager […]
According to the notification, the stamp duty will be levied at Rs50 per ticket for domestic travel and Rs400 per ticket for international travel. The government has sent notifications to six Pakistani and four foreign airlines, directing them to collect the stamp duty on behalf of the provincial government. The move is expected to generate […]
The Civil Aviation Authority (CAA) currently operates 22 out of 43 airports, including 13 international ones, and has been experiencing budget constraints on the development side for several years, said a statement issued today. As a result, the CAA was using second-generation equipment, whereas developed countries are utilizing the latest third-generation equipment. The Committee also […]
According to the notification of FBR, the new returns forms have been notified for salaried persons, association of persons (AoPs) companies, and business individuals. The electronic copies of returns for these categories were notified through an SRO949 of 2024. Through this notification, FBR has also made amendments to the income tax rules. Through another notification […]
According to a State Bank report, the federal government’s debt stood at Rs 67,816 billion by May 2024, with an increase of Rs 3,011 billion from March to May 2024. In contrast, the caretaker government’s debt had increased by Rs 1,416 billion during its last three months in office. The federal government’s debt surged between […]
In 2023, the Board of Directors of Shell Pakistan Limited (SPL) held a meeting with its parent firm Shell Petroleum Company Limited (SPCo) where it was announced their intent to sell its shareholding in SPL. The shares were acquired by the Saudi group through Wafi Energy Holding Limited, a United Arab Emirates (UAE) based firm. […]
In an interview with the Financial Times, he said that the “upcoming IMF program will not be our last fund program if we don’t bring our tax revenues up,” Aurangzeb maintained that he is hoping Pakistan will reach a staff-level agreement with the IMF this month, estimating the agreement to be worth $6-8 billion. He […]
PM’s aide in a statement on Sunday said this innovative channel aims to educate farmers on climate adaptation strategies, disaster management techniques, and sustainable practices to mitigate environmental degradation. The Coordinator said the channel will leverage the services of Pakistan Television (PTV) to broadcast programs in six regional languages, ensuring that vulnerable communities receive timely […]
