Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, chaired a meeting of the Economic Coordination Committee (ECC) of the Cabinet, said an official statement of the Ministry of Finance on Wednesday. The ECC deliberated on a detailed agenda and made the decisions on summaries submitted by the Cabinet Division. …
Read More »OGRA recommends an increase in gas prices
The Oil and Gas Regulatory Authority (OGRA) has approved an increase in gas prices for the current fiscal year. According to OGRA’s decision, an 8.71% increase has been approved for consumers on the Sui Northern Gas Pipelines Limited (SNGPL) network, while a 25.78% increase has been approved for consumers of …
Read More »Cochlear Implant Surgeries Successfully Conducted at PIMS
Six Cochlear Implant Surgeries Successfully Conducted at PIMS with Support from UK-Based IMRA In a major step toward improving healthcare access for hearing-impaired children, six deserving candidates received free cochlear implants at the Children’s Hospital, Pakistan Institute of Medical Sciences (PIMS), from December 12-13, 2024. This initiative was carried out …
Read More »99pc consumers oppose KE’s request of transferring Rs 68.86b losses to govt/consumers
ISLAMABAD: After getting hundreds of billions of rupees in subsidy from the government, to offset the impact of its high energy cost, K-Electric has once again sought the NEPRA nod for the transfer of its Rs 68.85 billion losses to the government or electricity consumers.In their written comments and during …
Read More »Law Ministry concludes training for customs prosecutors
Staff Report The Ministry of Law and Justice, in collaboration with the Federal Board of Revenue (FBR), successfully concluded a transformative three-day training program for customs prosecutors, says an official release. Held at the National Institute of Banking and Finance (NIBAF), the program aimed to enhance prosecutors’ professional capabilities, equipping …
Read More »VPN licensing regime will not address issue of slow internet: PTA
Aftab Maken The Chairman of PTA informed the Senate Committee on IT on Thursday that VPN licensing would commence on January 1, asserting that it would address certain issues. However, he clarified that VPNs are not the cause of slow internet. Minister of State for IT, Shiza Fatima, stated that …
Read More »Ishaq Dr or Jam Kamal to replace Musadiq Malik?
Aftab Maken The Federal Minister for Petroleum, Dr. Musadik Malik, is currently facing intense scrutiny from influential quarters in Islamabad for a variety of reasons linked to his leadership of the ministry. The recent transfer of an additional secretary from the ministry has further escalated the situation, turning an already …
Read More »Brewing Tech War Between the West and China
shahid Hussain Raja Introduction The geopolitical landscape of the 21st century is increasingly defined by technological competition between the West, led by the United States, and China. This “tech war” spans fields such as artificial intelligence (AI), semiconductors, and advanced manufacturing and reflects a broader struggle for economic dominance, national …
Read More »Govt can’t offer any tax exemptions: Minister
The IMF program includes 22 structural benchmarks, 18 of which the federal government is required to implement, while the State Bank is responsible for the remaining four. The government is prohibited from offering any tax exemptions or issuing net supplementary grants. In the gas sector, the supply of gas to …
Read More »FWB Manger facilitates tax fraudulents
BeNewz Special The Federal Board of Revenue (FBR) Directorate of Intelligence and Investigation Inland Revenue, Islamabad, has arrested the bank manager of the First Women Bank’s Imperial Court Branch in Karachi in connection with a tax fraud case. According to FBR sources, the accused opened a bank account in the …
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