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Salaried class once again emerges as single largest income tax contributor, shows FBR data

Salaried class once again emerges as single largest income tax contributor, shows FBR data

ISLAMABAD: The salaried class has once again emerged as the single largest income tax contributor, paying more than exporters, retailers…
Bulk of rooftop solar prosumers to continue benefiting from net metering until 2030-31

Bulk of rooftop solar prosumers to continue benefiting from net metering until 2030-31

ISLAMABAD: Around 80-85% of the country’s existing rooftop solar prosumers will continue to benefit from the existing net metering regime…
Govt proposes imposing new fixed monthly charges on household consumers

Govt proposes imposing new fixed monthly charges on household consumers

ISLAMABAD: The federal government plans to collect an additional Rs132 billion a year from domestic electricity consumers by imposing new…
Licenses of three flour mills cancelled over illegal movement

Licenses of three flour mills cancelled over illegal movement

District Food Controller Azhar Abbas cancelled the licenses of three flour mills and imposed an Rs5 million penalty for illegal…
SBP chief projects up to 4.75% growth for FY26, counters IMF downgrade

SBP chief projects up to 4.75% growth for FY26, counters IMF downgrade

KARACHI: State Bank of Pakistan (SBP) Governor Jameel Ahmad has expressed confidence that the country’s economy could expand by as…
FBR introduces Buyer Verification Status in monthly sales tax return

FBR introduces Buyer Verification Status in monthly sales tax return

The Federal Board of Revenue (FBR) has introduced a new compliance measure by adding “Buyer Verification Status” to Annexure C…
Panda Bonds postponed for fourth time as Finance Ministry misses deadline

Panda Bonds postponed for fourth time as Finance Ministry misses deadline

ISLAMABAD: The government has once again postponed the issuance of $250 million worth of Panda Bonds, marking the fourth revision…
PSX ends bearish streak, rebounds with 1,200 points

PSX ends bearish streak, rebounds with 1,200 points

KARACH: The Pakistan Stock Exchange (PSX) bounced back strongly on Wednesday following a bearish trend in the previous two sessions…
No more net metering as govt shifts to net billing

No more net metering as govt shifts to net billing

ISLAMABAD: Pakistan has effectively ended its net metering regime, as the country’s power regulator introduced sweeping new rules shifting rooftop…
PDWP approves seven development project worth over Rs. 7.5 billion

PDWP approves seven development project worth over Rs. 7.5 billion

The 63rd meeting of the Provincial Development Working Party (PDWP), chaired by Chairman P&D Board Dr. Naeem Rauf, approved seven development…
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