Business
Pakistan reports Rs998bn additional sales tax revenue on essential items
January 16, 2025
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
January 16, 2025
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
January 16, 2025
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
January 16, 2025
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
January 16, 2025
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
January 16, 2025
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
January 16, 2025
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
January 15, 2025
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
January 15, 2025
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
January 15, 2025
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…