Punjab Governor Sardar Saleem Haider Khan said on Sunday that additional tax relief for the real estate sector is expected in the upcoming budget as part of broader efforts to revive economic activity and support industrial growth.
(more…)Author: Mrs. Anjum Shahnawaz
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Did you know? Levies and commissions make up 29% of Rs366/litre petrol price
ISLAMABAD- Around 29% of the retail price of petrol in Pakistan consists of taxes, levies and distribution margins, according to industry calculations following the latest fuel price revision announced by the government.
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Karachi braces for very hot Sunday as temperature nears 39°C
KARACHI, April 11 – Karachi is expected to experience very hot and dry weather on Sunday, with temperatures likely to climb as high as 39 degrees Celsius, the Pakistan Meteorological Department (PMD) said in an advisory issued on Saturday.
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SSGC suspends gas supply to industries across Sindh for 24 hours
KARACHI, April 11 – Sui Southern Gas Company on Saturday announced a 24-hour suspension of gas supply to industrial consumers across Sindh, citing a system shortfall and efforts to improve pressure and ensure equitable distribution.
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Aurangzeb heads to US for IMF-World Bank Spring Meetings 2026
ISLAMABAD, April 11 – Pakistan’s Finance Minister Muhammad Aurangzeb has departed for the United States to attend the 2026 Spring Meetings of the International Monetary Fund and the World Bank Group, scheduled to take place in Washington, D.C. from April 13 to 18, the finance ministry said on Saturday.
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Saudi Arabia pledges financial support to Pakistan amid external pressures
Saudi Arabia has assured Pakistan of continued financial support as Islamabad navigates mounting external financing needs and economic challenges linked to regional tensions.
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Pakistan allows short-term forward deals to boost remittances
The State Bank of Pakistan has allowed exchange companies to enter into short-term forward sale transactions with banks for up to five working days against incoming home remittances, in a move aimed at enhancing inflows and improving liquidity management.
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PM Shehbaz cuts diesel price by Rs135/litre in major relief move
ISLAMABAD, April 10 – Prime Minister Shehbaz Sharif on Friday announced a sharp reduction in fuel prices, slashing the cost of high-speed diesel by Rs135 per litre and petrol by Rs12 per litre, in a move aimed at providing relief to consumers amid easing global oil prices.
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Sindh restricts market hours to 8pm amid energy conservation drive
KARACHI, April 10 – The government of Sindh has announced revised business operating hours across the province, ordering shops, markets and malls to close by 8:00 pm as part of wider austerity and energy conservation measures amid rising fuel costs.
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Weekly inflation rises 12.15% as fuel prices drive cost surge in Pakistan
ISLAMABAD, April 10 – Pakistan’s weekly inflation rose sharply by 12.15% year-on-year for the week ending April 9, driven primarily by steep increases in petroleum product prices, according to data released by the Pakistan Bureau of Statistics.
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