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FBR Increases Customs Value for Desiccated Coconut Imports to 1.6 Dollars per Kg

19-Feb-2025
The Directorate General of Customs Valuation in Karachi has updated the customs value for imported desiccated coconut, raising the price from $1 per kilogram to $1.6 per kilogram for all countries of ...
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FBR Increases Customs Value for Desiccated Coconut Imports to 1.6 Dollars per Kg

Six Member Committee Formed to Oversee Privatization of Key Power Companies

19-Feb-2025
The Power Division has established a six-member committee to oversee the ongoing privatization of Islamabad Electric Supply Company (IESCO), Faisalabad Electric Supply Company (FESCO), and Gujranwala ...
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Six Member Committee Formed to Oversee Privatization of Key Power Companies

Punjab Government Debt Falls by Rs24.8 Billion in Q2, But Exchange Rate Risks Persist

19-Feb-2025
Punjab's total government debt decreased by Rs24.8 billion in the second quarter (Oct-Dec) of fiscal year 2024-25, marking a 1.5% drop, according to a report from the Punjab Finance Ministry. This red...
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Punjab Government Debt Falls by Rs24.8 Billion in Q2, But Exchange Rate Risks Persist

Government to Support Pakistan Towel Industry with New Policies and Global Growth Strategy

19-Feb-2025
In an effort to tackle the difficulties faced by Pakistan's towel industry, Federal Minister for Finance Muhammad Aurangzeb convened a session of the committee formed by the Prime Minister. The meetin...
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Government to Support Pakistan Towel Industry with New Policies and Global Growth Strategy

IMF Review to Assess Pakistan Economic Progress Amid Financial Challenges

19-Feb-2025
The International Monetary Fund (IMF) review team is scheduled to visit Pakistan in the first week of March to evaluate the progress made under the $7 billion Extended Fund Facility (EFF).This review ...
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IMF Review to Assess Pakistan Economic Progress Amid Financial Challenges

Auto Financing Sees Growth as Interest Rates Drop in Pakistan

19-Feb-2025
Auto financing in Pakistan rose to Rs241.6 billion in January 2025, up from Rs235.45 billion in December 2024, as falling interest rates drove more consumers to take out loans for vehicle purchases, a...
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Auto Financing Sees Growth as Interest Rates Drop in Pakistan

Maryam Nawaz Launches Key Economic Initiatives for Punjabs Growth

18-Feb-2025
Punjab's Chief Minister, Maryam Nawaz Sharif, has announced the allocation of land in industrial zones for beneficiaries of the Asaan Karobar loan program, directing authorities to speed up its execut...
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Maryam Nawaz Launches Key Economic Initiatives for Punjabs Growth

Tribunal Overturns Department Tax Demand in Key Case

18-Feb-2025
The department identified inconsistencies between the taxpayer's bank statements and the final taxation details during the audit for the specified period. As a result, a show-cause notice was issued, ...
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Tribunal Overturns Department Tax Demand in Key Case

Federal Government Expands POS System to AJK, Enhancing Digital Taxation and Transparency

17-Feb-2025
The federal government has extended its Point-of-Sale (POS) system to businesses in Azad Jammu and Kashmir (AJK), bringing them into Pakistan’s growing digital taxation network. This initiative, spear...
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Federal Government Expands POS System to AJK, Enhancing Digital Taxation and Transparency

Nepra Officials Receive Unauthorized Pay Hikes, Raising Concerns Over Transparency

17-Feb-2025
Senior officials at the National Electric Power Regulatory Authority (Nepra) have dramatically increased their salaries and allowances without obtaining the required approval from the federal cabinet,...
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Nepra Officials Receive Unauthorized Pay Hikes, Raising Concerns Over Transparency
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