Despite Challenges, Pakistan Sets Ambitious Revenue Target for Petroleum Levy in the Next Fiscal Year
(more…)Category: Top stories
Top stories featuring the most important and trending news updates from politics, business, world affairs, and breaking events across various sectors.
-
Senate Committee Reviews Customs Duty Proposals in Finance Bill 2023
Islamabad, June 14, 2023: The Senate Standing Committee on Finance and Revenue recently conducted a comprehensive review of the proposed customs duty amendments introduced through the Finance Bill 2023.
(more…) -
BIPARJOY to Make Landfall, Triggering Widespread Impacts on Pakistan, Indian Coasts on June 15
Islamabad, June 14, 2023: BIPARJOY, a very severe cyclonic storm, is projected to make landfall along the coasts of Pakistan and India on June 15. With winds reaching speeds of 100-120 km/h and gusts of up to 140 km/h, the cyclone is expected to bring significant disruptions and potential hazards to the affected regions, according to National Disaster Management Authority (NDMA).
(more…) -
Pakistan Gears Up to Announce Petroleum Prices on June 15 Amid Russian Oil Arrival
Islamabad, June 14, 2023: Pakistan is gearing up to announce the petroleum prices for the final fortnight of the fiscal year 2022-2023 on June 15, 2023.
(more…) -
Severe Cyclonic Storm BIPARJOY Expected to Hit Pakistan and India, Alert Issued
A severe cyclonic storm named BIPARJOY is forecasted to make landfall in Pakistan and India on June 16, 2023, according to the National Disaster Management Authority (NDMA) of Pakistan.
(more…) -
First Russian Crude Oil Carrier Ship Arrives at Port of Karachi
The port of Karachi on Sunday welcomed its first-ever Russian crude oil carrier ship. The arrival of this vessel marks a significant milestone in the relationship between Pakistan and the Russian Federation.
(more…) -
BIPARJOY Strengthens in East-central Arabian Sea, Expected to Impact Southern Sindh
Karachi, June 11, 2023 – The Very Severe Cyclonic Storm (VSCS) named “BIPARJOY” has intensified over the east-central Arabian Sea and is currently moving in a north-northeastward direction.
(more…) -
Sindh Increases Salary, Minimum Wage and Pension in Budget 2023-24
Karachi, June 10, 2023: The Sindh province has made a momentous announcement today, revealing substantial raises in salary and pension for government employees, as well as an increase in the minimum wages for individuals working in the private sector.
(more…) -
Sindh Unveils Budget 2023-24 with a Total Outlay of Rs2.25 Trillion
Karachi, June 10, 2023: The Sindh government Saturday announced the provincial budget for the fiscal year 2023-24, focusing on key areas of development and growth. With a total outlay of approximately Rs2.25 trillion, the budget reflects a 31 percent increase compared to the previous fiscal year’s estimates of Rs1.71 trillion.
(more…) -
Post Budget Briefing: Dar Expresses Confidence in Achieving 3.5% GDP Growth Target
Islamabad, June 10, 2023: Finance Minister Senator Mohammad Ishaq Dar on Saturday expressed strong confidence in the government’s ability to achieve the targeted 3.5 percent growth of Gross Domestic Product (GDP) for the fiscal year 2023-24.
(more…)