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Power Sector Overhaul, Major Electricity Tariff Cuts by June 2025

15-Feb-2025
A notable reduction in electricity tariffs for both industrial and residential consumers is anticipated by June 2025, as shared by Secretary of the Power Division, Dr. Fakhre Alam Irfan. This announce...
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Power Sector Overhaul, Major Electricity Tariff Cuts by June 2025

Big Savings Ahead, Fuel Prices Set to Drop This February

15-Feb-2025
Petroleum product prices are expected to drop in the latter half of February 2025. According to industry experts, the price of petrol could fall by around Rs. 2.49 per litre, bringing the price to Rs....
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Big Savings Ahead, Fuel Prices Set to Drop This February

Government Strategy of Stabilizing Economy and Boosting Tax Revenue

15-Feb-2025
The Ministry of Finance highlighted that efforts to stabilize the economy, such as maintaining a primary surplus, ensuring a steady exchange rate, and the State Bank of Pakistan's notable interest rat...
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Government Strategy of Stabilizing Economy and Boosting Tax Revenue

Abduction of WCCI President and Customs Officers in South Waziristan Sparks Alarm

14-Feb-2025
In a disturbing development from South Waziristan, the President of the Waziristan Chamber of Commerce and Industry (WCCI), along with two Customs officers, were abducted on Thursday, sparking deep co...
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Abduction of WCCI President and Customs Officers in South Waziristan Sparks Alarm

Zia Ijaz Appointed New President and CEO of Askari Bank

14-Feb-2025
The State Bank of Pakistan (SBP) has granted approval for Zia Ijaz to officially take the reins as President and CEO of Askari Bank Limited, according to a filing made to the Pakistan Stock Exchange (...
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Zia Ijaz Appointed New President and CEO of Askari Bank

Pakistan Gears Up for Key IMF Missions to Boost Climate Resilience and Economic Reforms

14-Feb-2025
Pakistan is gearing up to host two key IMF policy missions aimed at securing over $1 billion in additional funding for climate resilience, along with reviewing the progress of the ongoing $7 billion E...
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Pakistan Gears Up for Key IMF Missions to Boost Climate Resilience and Economic Reforms

New FBR Rules, STZA Licensees Must Use PSW for Import Clearance

13-Feb-2025
The Federal Board of Revenue (FBR) has introduced a new requirement for licensees of the Special Technology Zones Authority (STZA), mandating that they now operate through the Pakistan Single Window (...
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New FBR Rules, STZA Licensees Must Use PSW for Import Clearance

NEPRA Slashes Power Tariffs: Who Benefits and How Much You Save

13-Feb-2025
In a move to provide financial relief to power consumers, the National Electric Power Regulatory Authority (NEPRA) has announced a reduction in electricity tariffs for both ex-WAPDA distribution compa...
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NEPRA Slashes Power Tariffs: Who Benefits and How Much You Save

Salaried Class Pays Big, But Relief May Be on the Way

13-Feb-2025
Pakistan’s salaried class has stepped up its income tax contributions, with a remarkable surge to Rs285 billion in the first seven months of the current fiscal year—an increase of Rs100 billion compar...
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Salaried Class Pays Big, But Relief May Be on the Way

Pakistan Takes Bold Step Towards Financial Transparency, Senior Officials Must Declare Assets

13-Feb-2025
In a groundbreaking move to increase transparency, Pakistan’s federal cabinet has given the green light to a crucial amendment to the Civil Servants Act of 1973. This new legislation mandates that sen...
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Pakistan Takes Bold Step Towards Financial Transparency, Senior Officials Must Declare Assets
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