The price of an 80-kilogram flour bag has been hiked by Rs 1000 in the provincial capital. The price of a 20-kilogram bag has reached Rs 2000 after an increase of Rs 200 whereas the mixed flour bag has increased from Rs 1700 to Rs 1900. In Islamabad, the price of a 15-kilogram flour bag […]
This change marks a shift from a fixed tax rate to a value-based tax system, as outlined in the Finance Bill 2024-25. IMF says budget 2024 approval ‘not enough’ and demands Pakistan to ‘Do more’ Under the new tax regime introduced in budget 2024-25, the tax on vehicles is no longer a fixed amount but […]
The meeting was presided over by Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb at the Finance Division, according to a press release issued here. The meeting was attended by the Minister for Petroleum Musadik Masood Malik, Minister for Power Sardar Awais Ahmad Khan Leghari, Minister of State for Finance & Revenue Ali Pervez […]
The global manufacturing hub saw an expansion of 6.4 percent in January-June, compared to 3.7 percent over the same period of 2023, the General Statistics Office (GSO) said in a statement. The upswing was the result of “several measures” taken to improve supply chains, the foreign exchange market, and public investment, the GSO said. Industrial […]
Fujifilm is struggling to meet demand for the $1,599 camera, prized by young 20-something social media fans for its looks and high-end functions. The X100V model was so popular that in the fiscal year ended in March, it was the imaging division, which includes cameras, that was the biggest contributor to the company’s record-high profit […]
According to the Finance Bill 2024-25 passed by the National Assembly (NA) today, an excise duty of Rs12,500 will be imposed on economy and economy plus class tickets, while business and club class tickets will be taxed at a higher rate. For travel to the United States and Canada, foreign travelers with business and club […]
Minister for Finance and Revenue Muhammad Aurangzeb moved the motion for consideration of the Finance Bill, 2024 to give effect to the financial proposals of the federal government for the year, commencing on July 1, 2024. The motion was passed with a majority vote which led to the passage of Finance Bill-2024 after clause-by-clause reading […]
The chief minister made these remarks while chairing a meeting in Karachi today. During the meeting, Murad Ali Shah emphasized that converting government buildings to solar power will substantially reduce electricity expenses. He directed Energy Minister Nasir Shah to accelerate the solarization efforts starting from the new financial year. Earlier, Mayor Karachi Barrister Murtaza Wahab […]
As per details, the loan is part of a seven-year financial agreement with a one-year grace period. The IFC-led consortium includes the Silk Road Fund and British investors. The agreement was signed on June 27, 2024, in Karachi, and the loan will be repaid in installments over three years. Last year, PTCL signed a Share […]
According to a notification issued by the LESCO administration, the demand notice fee for the three-phase meter has been jacked up to Rs63,450 from Rs33,500. The new fees will come into effect from July 1, according to the notification. Steps to apply for the LESCO new connection 1. You can visit the given link (http://www.enc.com.pk/) […]
