Islamabad, November 7, 2024 – The Central Directorate of National Savings (CDNS) has implemented a downward revision of profit rates on various National Savings Certificates, effective November 4, 2024, marking a strategic shift in its financial offerings.
(more…)Author: Mrs. Anjum Shahnawaz
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IMF Delegation to Visit Pakistan for EFF Performance Review
The International Monetary Fund (IMF) will dispatch a mission to Islamabad from November 11 to 15 to address Pakistan’s fiscal challenges and explore potential corrective measures, including a possible mini-budget.
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FTO Reports 67% Surge in Taxpayer Complaints Against FBR
The Federal Tax Ombudsman (FTO) Secretariat has reported a dramatic 67% increase in taxpayer complaints filed against the Federal Board of Revenue (FBR) this year, reflecting rising dissatisfaction and a renewed commitment to transparency within Pakistan’s tax administration.
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NEPRA Reduces FCA for September 2024 Electricity Prices
The National Electric Power Regulatory Authority (NEPRA) has announced a reduction of Rs 1.28 per unit in electricity prices for September 2024 under the Fuel Charges Adjustment (FCA). This reduction, effective in November’s billing cycle, reflects adjustments based on global fuel price variations that impact monthly power bills.
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Pakistan Weather Outlook for November 7, 2024
Karachi, November 6, 2024 – The Pakistan Meteorological Department (PMD) has released its weather forecast for Thursday, November 7, 2024, predicting dry conditions across most of the country, with colder temperatures expected in hilly regions during the morning and nighttime hours. Persistent smog is likely to affect various parts of Punjab, while patches of fog may appear in some plains of the province in the early hours.
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Pakistan Weather Outlook for November 6, 2024
Islamabad, November 5, 2024 – The Pakistan Meteorological Department (PMD) has issued a weather forecast for Wednesday, November 6, 2024, predicting predominantly dry weather across most of the country, with cooler temperatures in hilly regions during the night and early morning hours.
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Policy Rate Cut to Stimulate Business Activity, Says PM Shehbaz
Prime Minister Shehbaz Sharif announced Monday that the recent reduction in the policy rate by the State Bank of Pakistan (SBP) will invigorate business activities, bolster exports, and create new employment opportunities across the country.
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Pakistan Weather Outlook for November 5, 2024
Islamabad, November 4, 2024 – The Pakistan Meteorological Department (PMD) has released its weather outlook for Tuesday, November 5, predicting predominantly dry conditions across the country. Most regions will experience mild to moderate temperatures during the day, while the hilly areas can expect chilly morning and night temperatures. Smog and light fog are likely to persist across various parts of Punjab, potentially impacting visibility and air quality.
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Minister Welcomes Provincial Participation in PIA Privatization
In a recent press conference, Federal Minister for Privatization, Board of Investment & Communications, Abdul Aleem Khan, welcomed potential participation from provincial governments in the ongoing privatization process of Pakistan International Airlines (PIA).
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PRA Expands to 12 More Punjab Districts to Boost Tax Collection
Lahore, November 3, 2024 – The Punjab Revenue Authority (PRA) is expanding its footprint to enhance accessibility and streamline tax collection across Punjab.
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