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.
(more…)Author: Mrs. Anjum Shahnawaz
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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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New Petroleum Prices for January Announced Today
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.
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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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