Nepra seeks explanation from K-Electric over increased load shedding, electricity bills

The National Electric Power Regulatory Authority (Nepra) on Wednesday directed K-Electric to submit a detailed report regarding unannounced load-shedding in Karachi while...

Rs1,150bn tax expenditure recorded for FY20: FBR report

ISLAMABAD: The Tax Expenditure Report 2020 released by the Federal Board of Revenue (FBR) on Wednesday states that tax expenditure from federal...

Development of KP’s merged districts govt’s top priority: PM

ISLAMABAD: Prime Minister Imran Khan on Wednesday said that uninterrupted provision of development funds to merged districts of erstwhile Federally Administered Tribal Areas...

Progress on Diamer Bhasha Dam reviewed

Faisal Vawda lauds progress made on the project despite corona-related slowdown

Govt plans to convert locust swarms into fertilisers

Food ministry proposes to incentivise locust collection through community mobilisation

Govt prioritises privatisation of two RLNG-based power plants

ISLAMABAD: A meeting of the Privatization Commission was held on Wednesday to discuss the privatisation status of entities included in the government's...

KP’s budget deficit likely to persist in FY22, FY23

Peshawar: The Khyber Pakhtunkhwa (KP) Finance Department has forecasted that the budgets for FY22 and FY23 will see deficits of Rs72 billion...

Cabinet body mulls ways to reform bad-performing SOEs

Finance ministry attributes the poor performance of state entities to 'lack of technical expertise and specialised skills, excessive interference, and over-regulation by multiple govt agencies'

Will foreign inflows bring stability to the rupee?

KARACHI/LAHORE: After a week of downward pressure on the currency, the Pakistani rupee appreciated 29 paisas against the United States (US) dollar...

PM okays Euro-V standard for fuels

Pakistan to shift from the ageing Euro-II standard to the much newer Euro-V standard

Senate committee approves Gwadar tax concessions

The Senate Standing Committee on Finance during an in-camera meeting on Tuesday unanimously approved the tax concessions proposed for Gwadar Port and...

FBR confiscates non-duty paid cigarettes worth Rs3.1m 

ISLAMABAD: The Federal Board of Revenues (FBR) Intelligence and Investigation Unit on Tuesday confiscated cartons of non-duty paid cigarettes worth Rs3.1 million. According...

Govt says will bring sugar mafia to task

PM directs provinces to enforce zero-tolerance policy on smuggling and hoarding

SSGC rebuffs JJVL’s demand for gas supply

'The 18-month arrangement between SSGC and JJVL, which was exercised as per SC's orders, had expired on 20th June 2020'

Govt to refund money to Hajj applicants

Announcement comes after Saudi Arabia decided to hold Hajj 2020 with 'a very limited number' of pilgrims from within the kingdom