Govt removes taxes on import of tomato and onion till Dec 31
The government on Wednesday granted exemption of sales tax and withholding tax on the import of tomatoes and onions till December 31 in an effort…
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PM Shehbaz extends fuel charge adjustment exemption to 300 units of electricity consumption
Prime Minister Shehbaz Sharif on Thursday extended the exemption for fuel adjustment charges (FAC) in August’s billing to consumers who use under 300 units of…
Sri Lanka reaches initial IMF deal for $2.9 billion loan
Sri Lanka has reached a preliminary agreement with the International Monetary Fund (IMF) for a loan of about $2.9 billion, the global lender said on…
Government approves decision to generate electricity from solar
Government has approved a decision to generate electricity from solar instead of expensive imported fuel to save valuable foreign exchange. The approval was given at…
PKR strengthens against dollar as SBP receives IMF loan
The Pakistani rupee continued to strengthen against the dollar in the interbank on Thursday despite the flood emergency triggering economic and humanitarian losess in the…
Wife of ex-Malaysian PM Najib found guilty of bribery
The wife of ex-Malaysian prime minister Najib Razak has been sentenced to ten years in prison on each of three bribery charges. According to international…
ATC extends Imran Khan’s interim bail till Sept 12
An Islamabad anti-terrorism court (ATC) extended Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan’s interim bail till September 12 in connection with the terrorism case registered him. PTI…
Met office predicts more rain in September
The Pakistan Meteorological Department (PMD) has predicted more than normal rains in the southeastern areas of Sindh in September. At least two monsoon systems are…
Govt jacks up petrol price by Rs2.07 per litre
The federal government once again announced increasing the price of petrol by Rs2.07 per litre for the first half of September, a statement issued by…
Power tariff hike by Rs4.34 per unit
The National Electric Power Regulatory Authority (NEPRA) hinted at increasing electricity rates by Rs4.34 per unit for the consumers of all distribution companies (DISCOs) except…