Islamabad, May 7, 2024 – Pakistan Council of Research in Water Resources (PCRWR) has identified 19 bottled water brands as unsafe for consumption, following findings of microbiological and chemical contamination in their products.
(more…)Category: Pakistan
-
PM Shehbaz Commits Unwavering Support to Saudi Investment
Prime Minister Shehbaz Sharif has extended Pakistan’s steadfast backing to Saudi investment endeavors, promising a conducive environment for investors and businessmen to swiftly execute their projects in Pakistan through joint ventures.
(more…) -
FBR to Enforce SIM Blocking of Non-Filers Despite PTA Refusal
In a recent move aimed at increasing tax compliance, the Federal Board of Revenue (FBR) has affirmed its intention to block the mobile phone SIMs of non-filers of income tax returns for the tax year 2023.
(more…) -
High-Profile Saudi Trade Delegations Arrives in Islamabad
Islamabad, May 5, 2024 – A significant stride towards enhancing bilateral economic relations between Saudi Arabia and Pakistan was marked by the arrival of a high-profile Saudi trade delegation in Islamabad on Sunday.
(more…) -
Pakistan Railways Generates Rs 66 Billion in Nine Months
Pakistan Railways has reported an unprecedented revenue generation of Rs 66 billion during the first nine months of the fiscal year 2023-24. This figure is a substantial leap from the Rs 39 billion recorded during the same period in the previous year, setting the department on a course to achieve a projected annual revenue of Rs 80 billion.
(more…) -
Pakistan Set to Unveil New Industrial Policy in 2024-25 Budget
Pakistan is poised to introduce a comprehensive new industrial policy in the upcoming 2024-25 budget, according to Rana Tanveer Hussain, the Federal Minister for Industry and Production.
(more…) -
Pakistan and Saudi Arabia Commit to Enhanced Economic Ties
Pakistan and Saudi Arabia on Saturday pledged to deepen their economic ties and increase Saudi investments in Pakistan.
(more…) -
PM Shehbaz Sharif Eyes Rs 24 Trillion Tax Revenue Potential
Lahore, May 4, 2024 – Prime Minister Muhammad Shehbaz Sharif on Saturday outlined Pakistan’s potential to substantially boost its tax revenues, stating the country could amass over Rs 24 trillion annually, a stark contrast to the current tax target of Rs 9.4 trillion.
(more…) -
Controversy Brews Over FBR Plan to Block SIMs of Non-Filers
A contentious proposal by the Federal Board of Revenue (FBR) to block the mobile phone SIMs of tax non-filers has ignited controversy and raised legal challenges after the Pakistan Telecommunication Authority (PTA) rejected the initiative, media reported on Saturday.
(more…) -
Pakistan Sees Weekly SPI Inflation Decrease by 1 Percent
Islamabad, May 3, 2024 – The Sensitive Price Indicator (SPI) for inflation in Pakistan witnessed a decline of 1 percent for the week ended May 2, 2024, compared to the previous week, providing a temporary respite amidst fluctuating commodity prices.
(more…)