The Association of Builders and Developers of Pakistan (ABAD) has called on the government to abolish the 3% Federal Excise Duty (FED) imposed on the housing sector to stimulate its revival. The organization stressed that this move is essential for addressing the ongoing challenges in the real estate market and boosting economic growth.
(more…)Author: Mrs. Anjum Shahnawaz
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Karachi Expects Moderate Winter Temperatures Next 3 Days
Islamabad, January 4, 2025 – The Pakistan Meteorological Department (PMD) has forecast moderate winter temperatures for Karachi over the next three days. The city is expected to experience temperatures ranging between 12 and 14 degrees Celsius, providing a comfortable winter ambiance.
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Islamabad Residents Anticipate Delightful Winter Rain on Sunday
Islamabad, January 4, 2025 – Residents of Islamabad are looking forward to enjoying a refreshing winter rain on Sunday, January 5, 2025, as forecasted by the Pakistan Meteorological Department (PMD).
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New Zealand Braces for Thunderstorms and Hailstorms
Wellington, January 4, 2025 – Severe weather conditions are set to grip parts of New Zealand today, with thunderstorms, hail, and heavy rain forecast across multiple regions. MetService, the country’s national weather authority, attributes this unsettled weather to a cooling upper atmosphere and an active low-pressure system.
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Pakistan Weather: Snowfall Over Hills Expected on Jan 4, 2025
Islamabad, January 3, 2025 – The Pakistan Meteorological Department (PMD) has forecasted snowfall over hilly areas in various regions of the country on Saturday, January 4, 2025.
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Islamabad May Face Sudden Fall in Winter Temperatures
Islamabad, January 3, 2025 – The bustling capital of Pakistan, Islamabad, is bracing for a sharp decline in winter temperatures next week, as a cold wave grips the region. The AccuWeather forecasts suggest that Islamabad’s minimum temperature could plunge to a chilling 2°C on Wednesday, January 8. Currently, the city is experiencing comparatively mild conditions, with minimum temperatures hovering around 8 to 9°C.
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Pakistan Tightens Pension Rules, Limits Multiple Benefits Draw
Islamabad, January 2, 2025 – Pakistan has introduced sweeping reforms to pension rules, effectively restricting individuals from drawing multiple pensions simultaneously. This move, outlined in a notification issued by the Pakistan Finance Division, is based on the recommendations of the Pay and Pension Commission 2020 and aims to streamline pension disbursements and curb inefficiencies in the system.
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Intense Cold Wave Looms for Karachi This Week
The Pakistan Meteorological Department (PMD) has predicted an intensification of the ongoing cold wave in Karachi starting from Saturday, January 4.
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High Probability of Rain and Chill in Islamabad
Islamabad, January 2, 2025 – Islamabad is poised to experience light rain accompanied by cold and dry weather on Friday, January 3, 2025.
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KPRA Posts Impressive 45% Tax Collection Growth in 1HFY25
The Khyber Pakhtunkhwa Revenue Authority (KPRA) has achieved remarkable progress in tax collection, amassing Rs 24.2 billion during the first six months (July – December) of the fiscal year 2024-25. This represents an impressive 45% growth compared to the Rs 16.7 billion collected in the same period last year, showcasing an increase of Rs 7.5 billion in revenue.
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