Air India estimates that it may suffer from losses exceeding $ 600 million if the Pakistani ban on Indian aircraft continues for a year, and has officially requested compensation from the Indian government, according to a message reviewed by Reuters. The state -run transport company submitted its application on April 27, in search of a … Read more
The government successfully collected 562 billion rupees through the Treasury bills in the market (T-BILS) on Wednesday, with revenues remaining significantly unchanged as investors are waiting for the interest rate decision in the central bank next week. The amount that was raised decreased from a maturity of 698 billion rupees, but it exceeded the target … Read more
The federal government announced on Wednesday a reduction of 2 rupees per liter in high -speed gasoline and diesel prices, after reviewing routine prices every two weeks. This step comes in response to modern fluctuations in the international oil markets and aims to provide modest comfort to consumers who are struggling with inflation. An official … Read more
The federal government is expected to merge the tax law bill (amendment), 2024, in the following financing bill (2025-26), which imposes more restrictions on economic transactions for non-pigs, Business registrar I mentioned. However, the FBR (FBR) has not implemented the necessary technological changes to its online systems to impose the new 114C section of the … Read more
Karachi: Sind Prime Minister Murad Ali Shah said on Saturday that the Pakistani People’s Party (PPP) can withdraw from the federal government if his fears related to new channel projects are not addressed. Speaking to the media, Shah referred to the message of the Board of Directors of the Pakistani People’s Party company Bhutto Bhutto … Read more
The federal government is considering reducing the average corporate tax and providing the broader tax exemptions in the coming budget for the fiscal year 2025-26, as it looks forward to supporting economic activity and creating job opportunities by taking advantage of the improved financial space that was created through low global oil prices and a … Read more
The government has adhered to a new set of energy sector reforms under its agreement with the International Monetary Fund (IMF), including routine tariff adjustments, stopping new benefits, and transferring circular debt shares to the CPA-G. These measures aim to stabilize the sector and ensure debt sustainability. According to a report issued by the business … Read more
Federal Energy Minister Sardar Owais Ahmed Khan Legari announced on Friday comprehensive reforms in the energy sector in Pakistan, including the privatization of the main assets, the restructuring of the purchase of electricity, and a long -term strategy to reduce electricity prices. In his speech to a press conference in Islamabad, Legari stated that the … Read more
Lahore: The Punjab government issued a general survey report entitled “The wild echoes”, Presenting the citizen’s observations on Prime Minister Maryam Nawaz Sharif initiatives to preserve wildlife. This is the first survey of its kind, as it acquired public opinion on the main environmental reforms in the province. According to the survey conducted by the … Read more
IslamabadThe government has announced a decrease in gasoline prices by R1 per liter, in effect as of March 29. However, the high -speed diesel price (HSD) is still unchanged, according to a notification from the Finance Department. After this review, gasoline will be priced at 254.63 rupees per liter, while HSD will continue at the … Read more