Karachi, January 17, 2025 – The Sensitive Price Indicator (SPI) for the week ending January 16, 2025, recorded a decline of 0.39% compared to the previous week, according to data released by the Pakistan Bureau of Statistics (PBS).
(more…)Author: Mrs. Anjum Shahnawaz
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Islamabad Natural Beauty Shines in Frosty Winter Weather
Islamabad, January 17, 2025 – Islamabad, the vibrant capital of Pakistan, is bracing for cold and dry weather throughout the day on Saturday, January 18, 2025. As the sun sets, the city is expected to witness partly cloudy skies, adding a hint of mystery to its picturesque winter evenings.
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New Property Tax Mechanism Introduced by Punjab
The Punjab government has unveiled a groundbreaking property tax mechanism aimed at simplifying processes, eliminating ambiguities, and fostering greater transparency in the taxation system.
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FBR Formally Issues Azerbaijan-Pakistan Transit Trade Rules
The Federal Board of Revenue (FBR) has officially announced the Azerbaijan-Pakistan Transit Trade Rules 2024, a landmark step towards enhancing bilateral and transit trade between the two nations.
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PM Shehbaz Warns FBR: No Tolerance for False Cases
Prime Minister Shehbaz Sharif issued a stern warning to officials of the Federal Board of Revenue (FBR) on Thursday, emphasizing that any individual found fabricating cases or presenting weak grounds in tax-related matters will face exemplary punitive actions. This declaration underscores the premier’s zero-tolerance policy towards malpractice and inefficiency within the revenue body.
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Chilly Weather Predicted for Islamabad: Frost Expected
Islamabad, January 16, 2025 – The capital city, Islamabad, is bracing for cold weather accompanied by morning frost on Friday, January 17, 2025, according to the Pakistan Meteorological Department (PMD). Partly cloudy skies are anticipated during the evening and night, while frost is likely to form in the early hours.
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LCCI Pushes for Real Estate Tax Reforms
The Lahore Chamber of Commerce and Industry (LCCI) has called for a significant reduction in taxes on the real estate sector to stimulate growth in the construction industry and attract both local and foreign investments. Recognizing the sector’s vital role in driving economic activity, the LCCI organized a seminar titled “Real Estate Taxation” on Wednesday to address the challenges faced by the industry and propose practical solutions.
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Dense Fog Blankets Pakistan, Reduces Visibility Nationwide
Islamabad, January 16, 2025 – Dense fog has blanketed large parts of Pakistan’s plains, significantly reducing visibility and causing disruptions in daily activities and transportation. Areas affected include Punjab, upper Sindh, and the plains of Khyber Pakhtunkhwa, particularly during the morning and night hours.
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Pakistan Raises Petroleum Prices for Second Half of January 2025
Islamabad, January 15, 2025 – In a move that will impact consumers nationwide, Pakistan has raised the prices of key petroleum products for the second half of January 2025. The revised rates will come into effect starting January 16, 2025.
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Electricity Tariff Cut for EVs to Encourage Investors: PM Shehbaz
Islamabad, January 15, 2025 – Prime Minister Muhammad Shehbaz Sharif on Wednesday hailed the significant reduction of Rs30 per unit in electricity tariffs for electric vehicles (EVs) as a transformative step to boost the adoption of emission-free, eco-friendly vehicles in Pakistan.
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