Islamabad, March 4, 2024 – In an effort to alleviate the financial burden on citizens during the holy month of Ramadan, the Utility Stores Corporation (USC) is gearing up to implement the Rs 7.5 billion Prime Minister’s Ramadan Relief Package 2024 on Tuesday, March 5, 2024.
(more…)Category: Pakistan
-
PM-Elect Shehbaz Outlines Vision for Economic Revival
Islamabad, March 3, 2024 – In his inaugural address to the National Assembly, Pakistan’s newly-elected Prime Minister, Muhammad Shehbaz Sharif, acknowledged the formidable socio-economic challenges facing the nation but expressed confidence that they were surmountable.
(more…) -
Mobile Phone Operators Provide Relief in Flood-Hit Gwadar
Islamabad, March 3, 2024 – In response to the devastating floods in Gwadar, mobile phone operators in Pakistan are stepping up to provide crucial relief to the affected communities.
(more…) -
Pakistan’s Petroleum Sales Plummet by 13% in 8MFY24
Karachi, March 2, 2024 – Pakistan’s petroleum industry has witnessed a substantial 13% decline in sales during the first eight months (July – February) of fiscal year 2023-24, compared to the same period in the previous fiscal year.
(more…) -
Zong 4G Offers Free Mobile Lifeline to Flood-Hit Gwadar
Karachi, March 2, 2024 – In response to the devastating floods wreaking havoc in Balochistan, Zong 4G has taken a commendable step by announcing free mobile phone services for the affected areas, with a particular focus on the strategically important port city of Gwadar.
(more…) -
Taxpayers Eager to Secure ATL Status to Avoid FBR Action
In Pakistan, taxpayers are currently fervently seeking inclusion in the recently unveiled Active Taxpayers List (ATL) to shield themselves from the stringent measures enforced by the Federal Board of Revenue (FBR).
(more…) -
Pakistan Records 30% Contraction in Trade Deficit in 8MFY24
Islamabad, March 1, 2024 – Pakistan has achieved a remarkable 30% contraction in its trade deficit during the first eight months (July – February) of the fiscal year 2023-24, according to data released by the Pakistan Bureau of Statistics (PBS) on Friday.
(more…) -
Pakistan’s Headline Inflation Hits 20-Month Low in February 2024
Karachi, March 1, 2024 – Pakistan’s headline inflation has reached a 20-month low in February 2024, according to analysts at Arif Habib Limited.
(more…) -
FBR Releases List of 3.35 Million Active Taxpayers for TY2023
Karachi, March 1, 2024 – In a bid to fortify its tax collection efforts and bolster the country’s fiscal health, the Federal Board of Revenue (FBR) unveiled a new list on Friday, spotlighting 3.35 million active taxpayers for the tax year 2023.
(more…) -
FBR Exceeds Eight-Month Revenue Collection Target
Islamabad, February 29, 2024 – The Federal Board of Revenue (FBR) has outperformed its revenue collection target for the first eight months (July – February) of the fiscal year 2023-24, demonstrating robust economic recovery and fiscal management.
(more…)