PkRevenue.com – Pakistan’s Ministry of Finance has squashed rumors of changes to the net metering policy, a program that incentivizes renewable energy use. Minister of State Ali Pervaiz Malik issued a press statement on Wednesday firmly denying any revisions or restrictions on net metering.
(more…)Author: Mrs. Anjum Shahnawaz
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Pakistan Premier Invites Huawei to Invest in Various Sectors
SHENZHEN, June 5, 2024 – Pakistan Prime Minister Shehbaz Sharif on Wednesday visited the Huawei headquarters in Shenzhen and extended an invitation to the tech giant to invest in Pakistan’s taxation and e-governance sectors, alongside enhancing its involvement in the country’s Safe City projects.
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PMD Forecasts More Rain for Central Punjab on June 6
PkRevenue.com – The Pakistan Meteorological Department (PMD) has forecasted more rain for central Punjab on Thursday, June 6, 2024.
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PM Shehbaz Guarantees Chinese Investors of Facilities, Security
PkRevenue.com — Prime Minister Shehbaz Sharif on Wednesday assured Chinese investors of comprehensive facilitation and robust security for their projects and investments in Pakistan.
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FTO Directs FBR to Streamline WHT Collection from Banks
PkRevenue.com – The Federal Tax Ombudsman (FTO) has issued a directive to the Federal Board of Revenue (FBR) to overhaul and streamline the withholding tax collection system from commercial banks. This order comes after numerous studies and internal investigations highlighted significant inefficiencies in the current regime.
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Pakistan Braces for 60% More Rainfall This Monsoon Season
PkRevenue.com- Pakistan is expected to experience up to 60 percent more rainfall than usual during the upcoming monsoon season, according to the National Disaster Management Authority (NDMA) and the Pakistan Meteorological Department (PMD).
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FBR Intelligence Unearths Rs 22 Billion Sales Tax Fraud
PkRevenue.com – The Federal Board of Revenue (FBR) has uncovered a massive sales tax fraud amounting to approximately Rs 22 billion. A statement released on Tuesday revealed that the Directorate General of Intelligence and Investigation-Inland Revenue in Hyderabad and Karachi has dismantled a network of tax fraudsters responsible for inflicting significant financial losses on the National Exchequer.
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PMD Forecasts Thunderstorm for Upper Pakistan on June 5
PkRevenue.com — The Pakistan Meteorological Department (PMD) has forecast thunderstorm in the upper regions of the country on Wednesday, June 5, 2024.
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PM Shehbaz Hopes New Height of Relationship in China Visit
PkRevenue.com – Prime Minister Shehbaz Sharif expressed on Tuesday hoped that his five-day visit to China starting today would take the bilateral relationship to a new height as it would mark discussions on the CPEC second phase, business-to-business cooperation and government-to-government projects.
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PIA Divestment Moves Forward: Six Parties Pre-Qualify
The Privatization Commission of Pakistan has shortlisted six parties for the potential acquisition of Pakistan International Airlines (PIA), marking a significant step forward in the national carrier’s divestment process.
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