Budget 2024-25; Federal govt set budget outlay of Rs18000 billion
Tax collection target likely to be set at Rs 12.9 trillion with interest and debt payments estimated at Rs 9.5…
Economy
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NEC approves 5-year development plan, economic growth target for FY25
PM Shehbaz chairs NEC meeting ahead of federal budget 2024-25 ISLAMABAD: The National Economic Council (NEC) approved in principle the…
State Bank announces 150 basis points cut in key policy rate
The State Bank noted that “real interest rates are still significantly positive, which is important for continuing to guide inflation…
Govt bans Three-Phase meters?
The Electric Supply Company will charge the purchase of AMR meters at Rs 42,000 to its consumers. LAHORE: Lahore Electric…
FBR orders Netflix to pay Rs. 200 million income tax
Non-residents were already taxed for offshore services by the Sindh Revenue Board, but the FBR now imposes income tax on…
IMF & Pakistan Clash Over Tax Exemptions: Negotiations Continue
The Finance Ministry has signaled its openness to taxing pensions exceeding one lakh rupees per month. ISLAMABAD: Pakistan and the…
NEPRA issues new regulations, change in instalment plans for Electricity bills; Details inside
The proposal sought to enable consumers with bills of up to 400 units to settle their electricity dues through a…
Federal govt surpasses petroleum levy tax collection target
Federal Board of Revenue (FBR) has reported a total revenue of Rs 8.12 trillion for the first eleven months of…
Asian Development Bank approves $250 million loan for Pakistan
“Mobilizing private finance through PPPs can help bridge the much-needed financing gap in public sector infrastructure projects,” said ADB Economist…
Latest currency exchange rates in Pakistan Today: June 01, 2024
sually vary based on the location and the Exchange Company or bank involved in the transaction. KARACHI: The US Dollar…