Islamabad: The government put its attention on collecting 250 billion rupees by expanding the scope of the tax network, implementing the framework of compliance risk management (CRM), and targeting retailers as part of a wider effort to close a significant shortage of revenue worth 604 billion rupees in the first eight months of the current … Read more
Prime Minister Shaybaz Sharif again affirmed the government’s commitment to providing basic elements at reasonable prices, while emphasizing that controlling sugar prices and preventing treasure is still a top priority. He chaired a meeting on sugar supplies and price regulation, the Prime Minister indicated that the recent campaign to smuggle … Read more
In an attempt to provide relief to consumers who are struggling with the costs of increasing facilities, the federal government pays to reduce electricity prices by 6-8 rupees per two months to come. This step comes as a high electricity tariff continues to nourish public anger, especially between medium and low -income families, while opposition … Read more
A significant decrease in the electricity tariff for industrial and local consumers is expected by June 2025, according to the Secretary of the Authority, Dr. Fazer Allam Erfan. This announcement came during a meeting of a Senate Committee for the Authority, where officials discussed the spices of revised or expired contracts with independent energy producers … Read more
The Federal Revenue Council (FBR) has been appointed to make major amendments to the EFS 2021 to prevent revenue loss and tighten controls on customs duties exempt. One of the main reviews includes withdrawing the EFS facility from the scrap importers of iron and steel. The changes, recently approved by the Economic Coordination Committee (ECC) … Read more
Workday said on Wednesday that it will reduce about 1750 jobs, or 8.5 % of the current workforce, as the human capital management company invests heavily in artificial intelligence to counter the macroeconomic environment more soft. California -based shares have jumped more than 4 % in the pre -market trade. Workday Carl Eschenbach CEO said … Read more
Special Investment Equipment Council (SIFC) has directed the Energy Department to take steps to reduce the electricity tariff for SEZS to a regional competitive rate of 9 cents per unit. The decision, which aims to attract investment, was made at a modern meeting of the SIFC Apex Committee, headed by the Prime Minister and attended … Read more
IslamabadThe government is considering a proposal to convert circular debts in the energy sector into general debts as part of the efforts made to reduce the electricity tariff by 3.37 rupees per unit. As part of the plan, the government also intends to restructure $ 16.26 billion in debts associated with various energy projects, such … Read more
The stock market is expected to maintain a positive direction in the short term, as momentum is largely affected by the profits of the upcoming companies and inflation data in January 2025, according to a report issued by Akd Securities. The market has been volatile throughout the week ending January 31, 2025, and is largely … Read more
The Special Investment Equipment Council (SIFC) led the main repairs in the energy sector, enabling private gas companies to reduce the circular debt burden by 71 billion rupees annually, according to the President of Universal Gas Distribution (UGDC) GHIYAS PARACHA. According to a news report, Paracha highlighted that the government is expected to generate 12 … Read more