Govt Confirms Utility Stores Shutdown Date

2 min read

The Prime Minister Shehbaz Sharif-led federal government has finalized plans to shut down the Utility Stores Corporation (USC), the country’s public retail network, by July…

Govt Eases Pension Rules for Re-Employed Workers

2 min read

The federal government has approved a measure allowing re-employed pensioners to receive their pensions while also drawing a salary, provided the salary is reduced by…

Pakistan Showcases Mining Potential to US Firms

2 min read

Federal Minister for Energy Ali Pervaiz Malik on Wednesday called on American investors to explore Pakistan’s mining potential through joint ventures and public-private partnerships, underscoring…

Govt Launches Digital Loans for Farmers in Pakistan

2 min read

The federal government has unveiled a major agricultural reform by launching digital loans for farmers in Pakistan, offering unsecured loans of up to Rs1 million…

Govt to Phase Out Manual Electricity Meter Readers

2 min read

LAHORE: In a major move to tackle overbilling and enhance transparency in the power sector, the federal government is set to phase out manual electricity…

Pakistan Visa Policy for Foreign Newborns Relaxed

2 min read

ISLAMABAD: In a major administrative development, the federal government has simplified the Pakistan visa policy for foreign newborns, easing bureaucratic procedures for diplomats and foreign…

Body Formed as Govt Confirms No Fuel Shortfall Amid Israel-Iran War

2 min read

The government has confirmed there is no fuel shortfall in Pakistan despite the escalating Israel-Iran war. In a proactive move, Prime Minister Shehbaz Sharif has…

IMF Raises Concerns Over Rs344Bn in Unapproved Govt Grants

2 min read

ISLAMABAD: The International Monetary Fund has raised concerns over the federal government’s disbursement of Rs344 billion in grants to multiple sectors without obtaining approval from…

Strict Penalties Proposed for NTN and CNIC Misuse in Budget

2 min read

In a bid to curb tax evasion, the federal government has proposed strict penalties for those misusing National Tax Numbers (NTNs) and Computerized National Identity…

Movie Tickets to Get Expensive as Govt Withdraws Cinema Tax Exemption

1 min read

ISLAMABAD: Moviegoers may soon have to pay more for tickets, as the federal government has proposed to withdraw the cinema tax exemption in the FY2025…

Govt Keeps Small Car Tax Unchanged, Eyes Carbon Levy Instead

1 min read

The federal government has decided not to increase the sales tax on motorcars with engine capacities of up to 850cc. Sources confirmed that earlier instructions…

FBR Launches Special Help Desks for Overseas Pakistanis

2 min read

ISLAMABAD: In a move to support Pakistani expatriates, taxation authorities have launched FBR facilitation desks for overseas Pakistanis at key Regional Tax Offices across the…

Govt Moves to Introduce Bankruptcy Law in Pakistan

2 min read

In a key policy development, the government has taken steps to introduce a bankruptcy law in Pakistan, aiming to improve the investment climate and revive…

Get Alerts