BeNewz

The National Assembly’s Standing Committee on Power was informed that the government has discontinued capacity payments to 22 Independent Power Producers (IPPs). This decision is expected to result in an overall saving of Rs 1500 billion, providing consumers with relief of Rs. 4 to 5 per unit. The meeting of …

The Public Accounts Committee (PAC) has uncovered a non-transparent auction of 29 commercial plots valued at Rs 37 billion by the Capital Development Authority (CDA). During the review of audit paras for the Ministry of Interior’s subordinate institutions for the fiscal year 2023-24, members expressed their displeasure over the absence …

Federal Minister for Finance, Muhammad Aurangzeb, announced that the authority over tax policy has been officially transferred to the Finance Division. While addressing the Chamber of Commerce in Peshawar, he emphasized that the primary purpose of technology is to provide convenience. He stated that minimizing human intervention in financial processes …