Aftab Maken The Economic Coordination Committee (ECC) of the Cabinet, led by Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, met on Monday. They discussed inflation and the prices of essential goods, reviewing data from the Finance Division’s Economic Advisor’s Wing. The ECC noted a significant drop in inflation …
Read More »
Aftab Maken The government has prepared an incentive package for the public in the real estate and housing sector. To boost business activities in the property sector, a significant reduction in tax rates is also worked out. The 11-member task force of the Ministry of Housing has formulated more than …
Read More »
The Finance Ministry with the approval of Prime Minister has announced increased POL prices for the month of February, said an official statement of the Ministry on Friday night. The statement further stated that the price of petrol has been increased Rs 1 per litter and diesel Rs 7 per …
Read More »
Aftab Maken Senator Faisal Vawda has alleged that officials of the Federal Board of Revenue (FBR) have threatened him with dire consequences for raising the issue of vehicle purchases. The Chairman of the FBR stated that a high-level inquiry should be conducted into the threats of intimidation. He assured that …
Read More »
A meeting of the Cabinet Committee on Rightsizing of the Federal Government was held Thursday at the Finance Division, chaired by Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb. The meeting focused on the recommendations of the sub-committee headed by Salman Ahmad, Ambassador at Large, regarding the restructuring of …
Read More »
Aftab Maken American businessman and head of the delegation, Henry Bajaj, has said that America wants to invest billions of dollars in Pakistan, but the true image of Pakistan has not been shown to the American people. He criticized the Biden administration’s actions over the past four years as inadequate. …
Read More »
Aftab Maken Carbon emissions are primarily caused by 43% of fuel consumption and 31% of coal usage, with a significant share coming from motorbikes and rickshaws, which contribute to pollution. During a meeting of the Senate Standing Committee on Climate Change, officials from the Ministry of Energy further informed that …
Read More »
Aftab Maken The Federal Board of Revenue (FBR) said it categorically in meeting of the finance committee that it would block undisclosed incomes and assets. Chairman FBR, Rashid Langrial, further said that only 2.5% of individuals will be affected by the Tax Laws Amendment Bill, and investors in the property …
Read More »
A meeting of the Cabinet Committee on Rightsizing of the Federal Government was held Monday, chaired by Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, at the Finance Division. The meeting reviewed progress on the implementation of rightsizing measures across federal ministries and deliberated on the rightsizing plan of …
Read More »
Aftab Maken The Economic Coordination Committee (ECC) of the Cabinet met to discuss a summary submitted by Petroleum Division for an upward revision of the indigenous gas tariff for industry (captive power) as well as non-protected domestic slabs, says an official release of finance ministry on Saturday. The meeting was …
Read More »
BeNewz