Islamabad, June 30, 2024 – The Pakistan Meteorological Department (PMD) has released its weather forecast for Monday, July 1, 2024, indicating mainly hot and humid conditions across most parts of the country.
(more…)Author: Mrs. Anjum Shahnawaz
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Pakistan President Approves Tax-Heavy 2024-25 Budget
Islamabad, June 30, 2024 – Pakistan President Asif Ali Zardari on Sunday approved the heavily tax-laden Budget 2024-25, set to come into effect from July 1. The budget, amounting to Rs18.877 trillion, aims to stabilize the economy and secure a new bailout from the International Monetary Fund (IMF).
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Aurangzeb Confident of Securing Major IMF Bailout
Finance Minister Muhammad Aurangzeb expressed optimism on Sunday about Pakistan’s prospects of securing a new bailout from the International Monetary Fund (IMF). This comes after President Asif Ali Zardari approved a tax-intensive budget for the upcoming fiscal year starting July 1.
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CVT Imposed on Farmhouses, Residential Houses in Islamabad
Islamabad, June 29, 2024 – The government has imposed a capital value tax (CVT) on farmhouses and residential houses within the territorial limits of Islamabad Capital Territory, as outlined in the Finance Act, 2024.
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PM Shehbaz Praises Aurangzeb for Successful 2024-25 Budget
Islamabad, June 29, 2024 – Prime Minister Shehbaz Sharif has commended Finance Minister Mohammad Aurangzeb for his successful efforts in securing the approval of the 2024-25 budget from the parliament.
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Pakistan Puts More Tax Burden on 2024-25 Budget Approval
Pakistan has intensified its fiscal measures by increasing the tax burden on the nation as it seeks approval for the 2024-25 budget. The government has added further amendments to the earlier proposed Finance Bill 2024, imposing additional taxes to meet revenue targets.
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PMD Forecasts Drizzle for Sindh Coastal Areas on June 29, 2024
Islamabad, June 28, 2024 – The Pakistan Meteorological Department (PMD) has issued a weather advisory predicting drizzle and light rain for coastal areas of Sindh on Saturday, June 29, 2024. This announcement comes amidst prevailing hot and humid conditions across most parts of the country.
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Aurangzeb Urges Inclusion of Retailers and Real Estate in Tax Net
Islamabad, June 28, 2024 – Finance Minister Mohammad Aurangzeb emphasized the necessity of broadening Pakistan’s tax base by incorporating retailers and the real estate sector into the tax net.
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Monsoon Rains to Cause Devastating Floods in Pakistan
Islamabad, June 28, 2024 – Romina Khurshid Alam, Coordinator to the Prime Minister on Climate Change and Environmental Coordination, has issued a stark warning about the potential for devastating floods due to upcoming monsoon rains in Pakistan.
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PMD Predicts Thundershowers for Most of Pakistan on June 28
Karachi, June 27, 2024 – The Pakistan Meteorological Department (PMD) has forecasted thundershowers for most parts of Pakistan on Friday, June 28, 2024.
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