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Pakistan reports Rs998bn additional sales tax revenue on essential items

Pakistan reports Rs998bn additional sales tax revenue on essential items

The Federal Board of Revenue (FBR) has documented a substantial increase in sales tax collection from essential items, accumulating an…
KE faces Nepra questioning over persistent blackouts

KE faces Nepra questioning over persistent blackouts

ISLAMABAD: Karachi residents and industrialists expressed their frustration with K-Electric (KE) during a public hearing on Wednesday, accusing the utility…
Malnutrition costs Pakistan $17bn annually: report

Malnutrition costs Pakistan $17bn annually: report

ISLAMABAD: Due to the ongoing undernutrition crisis, Pakistan bears an enormous yearly economic cost of $17 billion (Rs4.733 trillion), or…
Govt hikes petrol price by Rs3.47 per litre

Govt hikes petrol price by Rs3.47 per litre

ISLAMABAD: The federal government on Wednesday increased the petroleum prices for the next fortnight. According to the notification issued by…
Oil rises as US inventory declines heighten supply concerns

Oil rises as US inventory declines heighten supply concerns

Oil prices rose for a second day on Thursday after a larger-than-expected decline in US crude oil stockpiles added to…
Misuse of detection billing burdening 1.38m power consumers

Misuse of detection billing burdening 1.38m power consumers

ISLAMABAD: Amid the government’s ongoing efforts to provide relief to the people regarding utility bills, it has been revealed that…
Philippines, UAE’s Masdar agree $15 bn renewable energy project

Philippines, UAE’s Masdar agree $15 bn renewable energy project

MANILA: United Arab Emirates state energy firm Masdar has signed a $15 billion renewable energy deal with the Philippines to…
Saudi Arabia ‘mulling $100m investment’ in Pakistan’s mining infrastructure

Saudi Arabia ‘mulling $100m investment’ in Pakistan’s mining infrastructure

RIYADH: Saudi Arabia Mining Minister Bandar Alkhorayef confirmed on Wednesday that kingdom’s mining company Manara Minerals was looking at investing…
Govt reduces tariff for electric vehicle charging stations by 45pc

Govt reduces tariff for electric vehicle charging stations by 45pc

ISLAMABAD: Federal Minister for Energy Sardar Awais Ahmad Laghari Wednesday said that power division has reduced 45 percent power tariff…
Salaried class emerges as third largest tax contributor in Pakistan

Salaried class emerges as third largest tax contributor in Pakistan

The salaried class has emerged as the third-largest contributor to tax revenue in Pakistan, with tax collection from this segment…
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