Islamabad, October 3, 2024 – The Economic Coordination Committee (ECC) of the federal cabinet has approved a supplementary grant of Rs 45 billion for various defence services projects.
(more…)Author: Mrs. Anjum Shahnawaz
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Pakistan, Malaysia Vow to Strengthen Bilateral Ties in Key Sectors
Islamabad, October 3, 2024 – Pakistan and Malaysia reaffirmed their commitment to further bolster bilateral cooperation in key sectors including trade, economy, banking, food technology, and agriculture. This pledge was made during a high-profile meeting between President Asif Ali Zardari and the visiting Malaysian Prime Minister Dato’ Seri Anwar Ibrahim at Aiwan-e-Sadr. The meeting, attended by senior Pakistani officials and ministers, focused on fortifying strategic partnerships between the two nations.
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FBR, World Bank Unite for Bold Tax Transformation Plan
Islamabad, October 3, 2024 – In a significant move to enhance Pakistan’s tax collection framework and facilitate economic growth, World Bank (WB) Country Director Najy Benhassine met with Federal Board of Revenue (FBR) Chairman Rashid Mahmood Langrial on Thursday to discuss the FBR’s Transformation Plan. The meeting focused on strategies to maximize revenue growth and align efforts under the ongoing Pakistan Raises Revenue Project.
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PMD Predicts Thunderstorm for KP on October 4, 2024
Islamabad, October 3, 2024 — The Pakistan Meteorological Department (PMD) has forecasted thunderstorms in parts of Khyber Pakhtunkhwa (KP) for Friday, October 4, 2024. According to the PMD’s weather bulletin, rain accompanied by wind and thunder is expected in isolated areas of upper Khyber Pakhtunkhwa and Gilgit-Baltistan, particularly during the evening and night hours.
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FBR Announces Re-designation of Members’ Posts Amidst Restructuring
Islamabad, October 2, 2024 – The Federal Board of Revenue (FBR) on Wednesday unveiled a series of re-designations and mergers within its organizational structure as part of an ongoing transformation and restructuring initiative. The changes, which are effective immediately, aim to streamline operations and enhance efficiency across various departments of the FBR.
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Sindh to Experience Dust Raising Winds on October 3, 2024
Islamabad, October 2, 2024 – The Pakistan Meteorological Department (PMD) has issued a weather advisory indicating that Sindh province is likely to experience dust-raising winds on Thursday, October 3, 2024. This warning highlights potential weather disturbances that could affect daily life and activities across the region.
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Oil Prices Surge 5% Following Iran’s Missile Strike on Israel
Oil prices surged nearly 5% on Tuesday in response to escalating geopolitical tensions after Iran launched a barrage of missiles toward Israel. This action has sent shockwaves through the energy market, intensifying concerns over the stability of oil supplies from the Middle East.
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FTO Establishes Facilitation Desk for Tax Return Filing
Islamabad, October 1, 2024 – In a significant move to alleviate challenges faced by taxpayers, the Federal Tax Ombudsman (FTO) Dr. Asif Mahmood Jah on Tuesday launched a dedicated taxpayer facilitation desk at the FTO headquarters in collaboration with the Federal Board of Revenue (FBR).
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Prime Minister Shehbaz Hails Record Low Inflation in 44 Months
Islamabad, October 1, 2024 – Prime Minister Muhammad Shehbaz Sharif on Tuesday expressed satisfaction over the sharp decline in inflation, which has now fallen to its lowest level in the past 44 months. The inflation rate, recorded at 6.9 percent year-on-year in September 2024, marks a significant milestone in the government’s efforts to ease the financial burden on the masses.
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Hot and Dry Weather Expected Across Pakistan on Oct 2
Karachi, October 1, 2024 – The Pakistan Meteorological Department (PMD) has predicted a continuation of the hot and dry weather across the country on Wednesday, October 2, 2024. According to the latest updates, continental air is prevailing over most regions, intensifying the dry conditions.
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