Finance Minister Senator Muhammad Aurangzeb reaffirmed on Saturday the government’s commitment to bring all traders into the tax net, underscoring that no exceptions would be made.
(more…)Author: Mrs. Anjum Shahnawaz
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Prime Minister Sharif Cracks Down on Electricity Overbilling
Islamabad, July 6, 2024 – Prime Minister Shehbaz Sharif has launched a forceful crackdown on officials responsible for inflated electricity bills.
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Ashura on 17th as Muharram Moon Not Sighted in Pakistan
Karachi – July 6, 2024 – The Central Ruet-e-Hilal Committee has announced that the Islamic month of Muharram will commence on July 8th in Pakistan. The announcement came following the committee’s meeting on Saturday, where it was declared that the moon had not been sighted anywhere in the country.
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FBR Nets 4.5 Million Potential Tax Evaders in Digital Dragnet
Islamabad, July 6, 2024 – Pakistan’s Federal Board of Revenue (FBR) has made a significant breakthrough in its efforts to combat tax evasion. In a briefing presented to Prime Minister Shehbaz Sharif, the FBR identified a staggering 4.5 million individuals with taxable income who are currently not registered within the national tax system.
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Pakistan’s Oil and Gas Sector to Boost with $5 Billion Investment
Islamabad, July 6, 2024 – In a promising development for Pakistan’s energy sector, a delegation of local and international oil and gas exploration and production (E&P) companies announced a significant investment of $5 billion over the next three years. The announcement came during a meeting with Prime Minister Shehbaz Sharif at the Prime Minister’s House.
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Monsoon Currents Infiltrate Upper and Central Pakistan: PMD
Karachi, July 6, 2024 – The heavens have begun to stir, as the Pakistan Meteorological Department (PMD) announced on Saturday that potent monsoon currents from the Arabian Sea and the Bay of Bengal are infiltrating the upper and central reaches of the country.
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PM Shehbaz Asks FBR to Create Dashboard to Monitor Digitization
Islamabad, July 5, 2024 – Prime Minister Shehbaz Sharif, emphasizing the government’s priority of digitizing the taxation system to prevent tax evasion worth billions of rupees, directed the concerned authorities on Friday to promptly establish a dashboard to monitor the ongoing digitization and the implementation of reforms.
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Widespread Rains Expected in Many Regions of Pakistan on July 6
Islamabad, July 5, 2024 – The Pakistan Meteorological Department (PMD) has issued a comprehensive weather forecast predicting widespread rains and thundershowers across several regions of Pakistan on Saturday, July 6, 2024.
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CCP Approves UBL’s Acquisition of Wall Street Exchange Assets
Islamabad, July 5, 2024: In a move set to reshape Pakistan’s cross-border remittance and currency exchange landscape, the Competition Commission of Pakistan (CCP) has approved the acquisition of certain assets of Wall Street Exchange Company (WSE) by UBL Currency Exchange (UCE).
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Petrol Pumps to Remain Open Despite Strike Call: Authorities
Islamabad, July 5, 2024: In a move to mitigate disruptions caused by a planned strike by the Pakistan Petroleum Dealer’s Association (PPDA), the Petroleum Division has taken steps to ensure an uninterrupted fuel supply across the country.
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