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.
(more…)Author: Mrs. Anjum Shahnawaz
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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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Relief on the Horizon: PMD Forecasts Rain for Upper Pakistan
PkRevenue.com – The Pakistan Meteorological Department (PMD) has forecasted rain for the upper areas of Pakistan on Tuesday, June 4, 2024.
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Business Community Anticipates Currency Depreciation in 2024-25
PkRevenue.com – The Pakistan Business Forum (PBF) has issued a warning that the business community is likely to face further depreciation of the local currency in the upcoming fiscal year.
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CPI Inflation Contracts to 29-Month Low at 11.8% in May 2024
PkRevenue.com – In a notable shift, the headline inflation based on the Consumer Price Index (CPI) has contracted to a 29-month low, reaching 11.8 percent in May 2024. This development, reported by the Pakistan Bureau of Statistics (PBS), signifies a substantial decrease from the 17.3 percent recorded in the previous month and an even more dramatic drop from the 38.0 percent observed in May 2023.
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Saudi Arabia Launches Action Against Unauthorized Hajj Pilgrims
PkRevenue.com – Saudi Arabia has initiated strict measures to curb unauthorized Hajj pilgrimages, imposing fines of up to Saudi Riyal (SAR) 10,000 and deportation for violators starting June 2, 2024.
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PMD Predicts Very Hot Weather for Plain Areas on June 3
PkRevenue.com – The Pakistan Meteorological Department (PMD) has issued a warning for extremely hot weather in the plain areas of the country on Monday, June 3, 2024.
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FBR Considers Complete Overhaul of Tax on Property Transactions
PkRevenue.com – The Federal Board of Revenue (FBR) is contemplating a comprehensive overhaul of the taxation system related to property transactions.
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FBR Declares NLC Sultanabad Karachi as Customs Port
PkRevenue.com – The Federal Board of Revenue (FBR) has officially designated the Off-Dock Terminal operated by the National Logistics Corporation (NLC) in Sultanabad, Karachi, as a customs port.
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FTO Recommends Simplification of Income Tax Returns
PkRevenue.com – The Federal Tax Ombudsman (FTO) has proposed that tax authorities streamline income tax returns to make it easier for taxpayers to fulfill their civic duties.
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