Islamabad, August 15, 2024 –Prime Minister Shehbaz Sharif assured the nation that they would soon receive “good news” regarding a reduction in the soaring electricity bills that have been burdening households across Pakistan.
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Tax Collection Rise 70% as Electricity Bills Burden Consumers
Karachi, August 14, 2024 – The Federal Board of Revenue (FBR) has reported a remarkable 70% surge in advance tax collection from electricity bills during the fiscal year 2023-24. This increase is largely attributed to the escalating electricity tariffs, which have been a source of concern for both industrial and residential consumers across Pakistan.
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PM Shehbaz Says Reducing Electricity Prices Top Priority
Islamabad, August 2, 2024 – Prime Minister Shehbaz Sharif stated on Friday that the government is focused on providing relief to electricity consumers, emphasizing that reducing electricity prices is a key agenda for PML-N President Muhammad Nawaz Sharif, the government, and its allies.
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Minister Assures Capacity Payment Issues Will Be Resolved Soon
Islamabad, August 1, 2024 – Federal Minister for Power Awais Ahmad Khan Laghari has assured that the ongoing capacity payment issues affecting electricity tariffs will be resolved soon.
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FBR Notifies Tax Rates on Electricity Consumption for 2024-25
Karachi, July 27, 2024 – The Federal Board of Revenue (FBR) has announced the new income tax rates on electricity consumption for the fiscal year 2024-25. The updated rates are part of the amendments made to the Income Tax Ordinance, 2001 through the Finance Act, 2024.
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Tongwei Introduces Modules for Pakistan’s Solar Energy Market
Leading Chinese photovoltaic company Tongwei has made a notable entrance into the Pakistan market with its advanced TNC-G12/G12R solar modules.
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Government Reassures Public, Net Metering Policy Here to Stay
PkRevenue.com – Pakistan’s Ministry of Finance has squashed rumors of changes to the net metering policy, a program that incentivizes renewable energy use. Minister of State Ali Pervaiz Malik issued a press statement on Wednesday firmly denying any revisions or restrictions on net metering.
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Mondelez Pakistan to Solarize Production Plants
PkRevenue.com – Mondelez Pakistan has announced a significant step towards sustainability by partnering with Shams Power to solarize its confectionary and powdered beverages plants.
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Consumers to Get Reduced Electricity Bills in May 2024
Islamabad, April 16, 2024 (PkRevenue.com): In a move aimed at providing relief to consumers, the Ministry of Power Division announced today that electricity bills for the month of May will see a significant reduction.
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Government Recovers Rs 34 Billion in Unprecedented Crackdown Against Power Theft
Islamabad, November 26, 2023 – The government of Pakistan has successfully recovered an astounding Rs 34 billion during its ongoing crackdown against power theft.
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