Karachi, January 15, 2025 – The government is set to announce the updated petroleum prices for the second half of January 2025, which will take effect from January 16, 2025.
(more…)Author: Mrs. Anjum Shahnawaz
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Islamabad Faces Persistent Fog and Winter Cold Tomorrow
Islamabad, January 15, 2025 – The capital city of Pakistan, Islamabad, is forecasted to experience cold and partly cloudy weather on Thursday, January 16, 2025, according to the Pakistan Meteorological Department (PMD). Similar weather patterns were observed on Wednesday, January 15, 2025, in Islamabad and its surrounding areas, with conditions expected to persist.
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Pakistan to Extend Regulatory Duty on Steel Products
ISLAMABAD: The government of Pakistan is set to extend the regulatory duty on steel products for an additional three months, according to reliable sources. This decision comes in light of recommendations made by the Tariff Policy Board (TPB) to sustain support for the domestic steel industry.
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Expected Petroleum Prices in Pakistan from January 16, 2025
Islamabad, January 14, 2025 – The Government of Pakistan is poised to revise petroleum prices for the upcoming fortnight, with new rates set to take effect from January 16, 2025.
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Cabinet Approves Revised Power Agreements with 14 IPPs
Islamabad, January 14, 2025 – In a significant move to alleviate electricity costs and address circular debt, the federal cabinet, under the leadership of Prime Minister Shehbaz Sharif, approved revised agreements with 14 Independent Power Producers (IPPs).
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Karachi to Feel More Cold During Next Three Days
Islamabad, January 14, 2025 – Karachi is set to experience colder weather over the next three days, with minimum temperatures expected to range between 9°C and 11°C. Residents of Karachi are advised to prepare for a noticeable drop in temperature as the Pakistan Meteorological Department (PMD) forecasts colder conditions ahead.
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Punjab Expands Broadening of Tax Base to District Level
Lahore, January 14, 2025 – The Punjab government has intensified its efforts to broaden the tax base by extending initiatives to the district level, aiming to incorporate more taxable services into the formal tax net. This step is part of a broader strategy to enhance revenue collection and ensure equitable compliance.
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Senate Takes Notice of FBR’s Procurement of 1,010 Honda Cars
Islamabad, January 14, 2025 – The Senate Standing Committee on Finance and Revenue has raised concerns over the Federal Board of Revenue (FBR)’s recent acquisition of 1,010 new Honda cars for its officials. The committee has formally directed the FBR chairman to provide detailed information regarding this procurement, citing the need for transparency and fiscal responsibility.
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Cold and Dry Weather Expected in Islamabad on January 15, 2025
Islamabad, January 14, 2025 – The Pakistan Meteorological Department (PMD) has forecasted cold and dry weather for Islamabad and its surroundings on Wednesday, January 15, 2025. Residents of the capital city are advised to prepare for a chilly day ahead, as the current weather pattern continues to dominate the region.
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FBR Activates International Centre of Tax Excellence
ISLAMABAD: The Federal Board of Revenue (FBR) has officially activated the International Centre of Tax Excellence (ICTE) to enhance international tax cooperation, revenue forecasting, tax analysis, and the overall design and delivery of tax administration. This initiative aims to maximize revenue collection and modernize Pakistan’s tax system.
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