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Rs 93.5B Owed: Port Qasim Plant Faces Shutdown

18-Mar-2025
Port Qasim Electric Power Company (PQEPC) has told the government it might shut down its coal power plant if they don’t get Rs 93.5 billion they’re owed soon. Business Recorder says the payment’...
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Rs 93.5B Owed: Port Qasim Plant Faces Shutdown

Rs 93.5B Owed, Port Qasim Plant Faces Shutdown

18-Mar-2025
Port Qasim Electric Power Company (PQEPC) has told the government it might shut down its coal power plant if they don’t get Rs 93.5 billion they’re owed soon. Business Recorder says the payment’...
Read Full Article
Rs 93.5B Owed, Port Qasim Plant Faces Shutdown

Rs1.22 Trillion Tax Haul. Auto Wins, Refineries Sink in 2024

18-Mar-2025
Pakistan’s biggest companies paid Rs1.22 trillion in direct taxes in 2024, up 2.2% from last year, making up 23.6% of all direct taxes the country collected. A news report says car makers led the pa...
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Rs1.22 Trillion Tax Haul. Auto Wins, Refineries Sink in 2024

Auto Financing Revs Up to Rs249B as Rates Fall

18-Mar-2025
Car loans in Pakistan jumped to Rs249 billion by February’s end, up from Rs241.6 billion in January, thanks to cheaper interest rates pushing people to lease vehicles. Back in August 2024, loans wer...
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Auto Financing Revs Up to Rs249B as Rates Fall

Pakistan $20B Boost, Aurangzeb and World Bank Plot Reform

18-Mar-2025
On Monday, Pakistan’s Finance Minister, Senator Muhammad Aurangzeb, met with his team and World Bank folks at the Finance Ministry to talk about a big 10-year plan worth $20 billion. They focused on...
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Pakistan $20B Boost, Aurangzeb and World Bank Plot Reform

KP Clears Debt, Boosts Cash. CM Gandapur Demands Federal Dues

17-Mar-2025
Khyber Pakhtunkhwa (KP) Chief Minister Ali Amin Khan Gandapur recently shared that his government hasn’t borrowed a single penny in the last year and even paid back Rs50 billion of old debt. Speakin...
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KP Clears Debt, Boosts Cash. CM Gandapur Demands Federal Dues

FBR Snoozes on Court Tax Refund Fix

17-Mar-2025
The Islamabad High Court (IHC) told the Federal Board of Revenue (FBR) to get an automatic tax refund system going, but the FBR hasn’t done much about it yet, according to a news report. The whole p...
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FBR Snoozes on Court Tax Refund Fix

NHA Owes Rs3.1 Trillion, Money Problems Keep Growing

17-Mar-2025
The National Highway Authority (NHA) is stuck in a money mess. It owes a huge Rs3.1 trillion, and it’s losing over Rs1.82 trillion this year, according to a news update. Even though it’s got stuff...
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NHA Owes Rs3.1 Trillion, Money Problems Keep Growing

PM Sharif Slams Sugar Profiteers, Prices Fall as Crackdown Hits Hard.

17-Mar-2025
Prime Minister Shehbaz Sharif has unleashed the full might of the Federal Board of Revenue (FBR), Federal Investigation Agency (FIA), and Intelligence Bureau (IB) to tackle sugar industry tycoons alle...
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PM Sharif Slams Sugar Profiteers, Prices Fall as Crackdown Hits Hard.

IMF Drops Tajir Dost Scheme as FBR Reports Record Tax Collection

15-Mar-2025
The International Monetary Fund (IMF) has agreed to scrap the Tajir Dost Scheme (TDS) after the Federal Board of Revenue (FBR) reported higher-than-expected tax collections from retailers, wholesalers...
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IMF Drops Tajir Dost Scheme as FBR Reports Record Tax Collection
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