Oil prices fell more than 2 % on Monday amid signs of progress in nuclear talks between the United States and Iran and concerns about the global economic conditions associated with definitions. Brent crude decreased $ 1.54, or 2.3 %, to 66.42 dollars a barrel by 1230 GMT, while the West United States of Texas … Read more
Federal Finance Minister Mohamed Oranquit said that the upcoming federal budget will include the relief measures targeted for individuals with wages and increased discounts in the electricity tariff, with the aim of implementing by July. During his talk to the media after the opening of the Gujranwala exhibition, organized by the Local Chamber of Commerce … Read more
Industrialists and exporters welcomed the decision of the federal government to reduce the tariff of power, but they called for more cuts to ensure the competitiveness of the industry in the global market. They assure that although this step is a positive step, it does not significantly reach the challenges facing companies. Zubair Tuffail, a … Read more
Oil prices fell on Wednesday after Russia agreed to an American proposal to stop the attacks on the Ukrainian energy infrastructure, which increased the possibility of increasing Russian oil supplies in global markets. Brent crude futures decreased by 0.16 % to $ 69.97 a barrel by 1130 GMT, while crude in West Texas West (WTI) … Read more
IslamabadAttaf Ikram Sheikh, the President of the Pakistan Federation for Trade and Industry (FPCCI) expressed his concerns about the country’s current monetary policy, and highlights dissatisfaction between business, industry and commercial societies. The Sheikh criticized the policy of maintaining a large installment higher than the basic inflation, which is believed to hinder economic progress. In … Read more
Islamabad: Finance Minister Mohamed Uranzib revealed plans to provide financial relief to the salary class in the next budget, as he faced continuous financial challenges while supporting economic growth. Speaking to the media in Lahore on Sunday, Aurangzeb highlighted many positive economic indicators, including the number of transfers to 35 million and an increase in … Read more
Islamabad: The National Electric Power Regulatory Authority (NEPRA) has approved the Federal Government’s Winter Demand Initiative for Distribution Power Company (DISCOs) and K-Electric (KE) consumers. According to a NEPRA statement on Friday, the winter package will benefit industrial gauge and wheel consumers, even though they were not included in the government’s order initially.Under the winter … Read more
The current tobacco control landscape in Pakistan reveals the ongoing struggle to achieve significant reductions in smoking rates. Despite stringent taxes and regulatory measures, smoking remains a significant health burden, underscoring the need for a new approach. Adopting tobacco harm reduction (THR) as a formal strategy can bring about fundamental change, providing a path to … Read more
Islamabad: Prime Minister Shehbaz Sharif has directed the government to reduce the income tax burden on salaried individuals, according to Minister of State for Revenue, Ali Parvez Malik. Speaking to the media on Thursday, Malik explained that the move is part of broader efforts to ease financial pressures on the middle class while improving the … Read more