Govt raises remuneration for MP scale officers by 45 pc
Islamabad: The caretaker Federal Government has raised pay and utilities’ allowance for management positions officers (MP I, MP II and MP III)...
SECP urges Pakistan’s insurance sector to embrace technology, innovation
The Securities and Exchange Commission of Pakistan (SECP) has called upon the insurance sector to harness the power of technology and tap...
Inquiry launched against AC Customs for illegally seizing currency
ISLAMABAD: The Federal Tax Ombudsman (FTO) has ordered the Chief Collector of Customs (North) to initiate a fact finding inquiry against an...
Manufacturing licenses of ‘Big Three’ auto companies suspended
ISLAMABAD: An attached department of the Ministry of Industries and Production, Engineering Development Board (EDB) has suspended the manufacturing licenses of three...
Govt raises Rs1.1tr in short-term debt as T-bill yields decline slightly
The State Bank of Pakistan (SBP) raised Rs 1.09 trillion in short-term debt via a treasury bills (T-bills) auction held on Wednesday....
SC directs Finance Ministry to furnish opinion on retired CJP’ electricity bill
ISLAMABAD: The Top court has asked the Ministry of Finance to furnish opinion regarding reimbursement of the cost of the consumed units...
PLRA reports Rs15bn collection in Q1 of FY 2023-24
The Punjab Land Records Authority (PLRA) has reported a collection of approximately Rs.15 billion during the first quarter of the fiscal year...
Govt to start exploring raw materials for fertilisers, batteries
ISLAMABAD: The federal government of Pakistan has set in motion ambitious efforts to host exploration missions for phosphate and lithium ores. These...
Financial crisis hits two-thirds of KP Municipal Administrations, urgent need for Rs343mn
PESHAWAR: In Khyber Pakhtunkhwa, 92 tehsil municipal administrations are struggling with a severe financial crisis. These administrative bodies, employing 343,000 individuals and...
Amendments proposed to pension rules
ISLAMABAD: The Pay and Pension Commission (PPC), has proposed amendments in the pension scheme for existing pensioners and employees of the Government...
FBR registers FIR on Rs 314.8bn Sales Tax fraud
ISLAMABAD: The Federal Board of Revenue has registered a First Information Report (FIR) against a Karachi based company on account of huge...
WB’s South Asia Rep for Energy Meets with Federal Minister of Privatisation
ISLAMABAD: The South Asia Practice Manager for Energy at the World Bank, Simon Stolp and his team met with Fawad Hasan Fawad,...
PM approves 140% executive allowance for FBR officers
Allowance will only be given to a few officers of grade 17 and above
‘Govt to take forward privatization process in transparent manner’ Fawad Hasan Fawad
ISLAMABAD: Caretaker Minister for Privatization, Fawad Hasan Fawad on Tuesday said that the government is taking forward the privatization process in a...
PM Kakar prepares for China visit amidst supposed slowdown in CPEC expansion
Pak-China likely to sign $6.67 billion worth agreement on ML-1 railway project during PM Kakar’s upcoming ‘VVIP’ visit to China