Islamabad, July 12, 2023 – President Dr. Arif Alvi has dismissed an appeal by Bank Alfalah against the decision of the Banking Ombudsman, directing the bank to issue a refund to a customer and send him an apology.
(more…)Author: Mrs. Anjum Shahnawaz
-
Google Briefs Pakistani Authorities on Data Protection
Islamabad, July 12, 2023 – A delegation from Google held a meeting with Pakistani authorities on Wednesday to discuss data protection matters.
(more…) -
Pakistan Set to Announce Petroleum Prices for Second Half of July
Islamabad, July 12, 2023 – Pakistan is gearing up to announce the petroleum prices for the second half of July 2023, as the country faces the challenges of surging international oil prices and stringent conditions under the International Monetary Fund (IMF) loan program.
(more…) -
PM Sharif Expresses Gratitude to Saudi Arabia for $2 Billion Deposit
Islamabad, July 12, 2023 – In a significant development for Pakistan’s economy, Prime Minister Shehbaz Sharif expressed his heartfelt thanks to Saudi Arabia for depositing a substantial amount of $2 billion with the State Bank of Pakistan (SBP).
(more…) -
Fitch Upgrades Pakistan’s Rating on Enhanced Liquidity and Funding Conditions
Pakistan’s Foreign-Currency Issuer Default Rating (IDR) has been upgraded by Fitch Ratings from ‘CCC-‘ to ‘CCC,’ signaling improved external liquidity and funding conditions, according to a statement issued Monday.
(more…) -
PM Shehbaz Sharif Urges Swiss Companies to Invest in Renewable Energy and IT Sectors
In a bid to boost investment and collaboration in renewable energy and IT sectors, Prime Minister Shehbaz Sharif has extended an invitation to Swiss companies.
(more…) -
Tax Rate on Construction Services in Islamabad Set at 15 Percent
Islamabad, July 7, 2023 – The Federal Board of Revenue (FBR) has recently released the tax rate for construction services rendered within the jurisdiction of Islamabad Capital Territory (ICT).
(more…) -
Dar Directs Quick Resumption of PIA Flights to US, UK, and Europe
Islamabad, July 7, 2023 – Finance Minister Muhammad Ishaq Dar has called for immediate measures to facilitate the prompt resumption of Pakistan International Airlines (PIA) flights to the United States, United Kingdom, and Europe.
(more…) -
Government Employees in Pakistan Granted Salary Increase of up to 35%
Islamabad, July 6, 2023 – In a major development, the President of Pakistan has approved a substantial salary increase of up to 35 percent for government employees. The finance ministry issued a notification outlining the details of this salary raise.
(more…) -
Minimum Pension Raised to Rs12,000; Notification Issued
Islamabad, July 6, 2023 – The government of Pakistan has taken a significant step towards improving the welfare of retired individuals by announcing a substantial increment in the minimum pension.
(more…)