Federal govt decides to privatize PIA
ISLAMABAD: The federal government has decided to privatize Pakistan International Airlines (PIA), approving the sale of 51 percent to 100 percent of...
NA committee proposes one time extension of FPCCI tenure, puts steel sector exclusion on hold
Lawmakers deliberate on FPCCI representation and Export Facilitation Scheme amendments
PPL, POGC discover gas in Sindh’s kirthar block
Rafat-1 well yields 1.10 MMScfd after hydraulic fracturing
OGDC completes Reko Diq feasibility study, confirms $627mn investment
Company secures 8.33% share in $5.6 billion project; phase 1 to process 45 million tonnes annually, with 13.1 million tonnes of copper, 17.9 million ounces of gold expected
Pakistan’s inflation projected at 1-1.5% in March 2025, with a rise expected in April
Inflation expected to increase to 2-3% in April; LSM growth shows resilience, but underlying industrial weaknesses persist
Finance ministry moves to establish Tax Policy Office, advertises six key positions
Director General and Directors for Economic Analysis, Business Taxation, Personal Taxation, International Taxation, and Direct/Indirect Taxation sought for new Tax Policy Office
Govt limits net metering contract to five years, revises buyback rate: report
Nepra to revise buyback rate periodically, new net metering consumers to follow updated inverter standards
Salaried class pays Rs331bn in taxes, 1,350% higher than retail sector
Retailers contributed only Rs23 billion as Tajir Dost scheme failed to meet targets, collecting just a fraction of its expected Rs50 billion; Govt fails to seek relief from IMF for salaried individualsÂ
Atlas Honda set to launch electric bike by June 2025
The motorcycle manufacturer aims to capture a share of the emerging electric two-wheeler market, leveraging its strong local presence and trust in the brand.
FBR extends deadline for filing tax and excise returns
The new deadline for submitting returns for February 2025 has been set for March 27, 2025, following an extension by the Federal Board of Revenue.
PBC calls for gradual phase-out of super tax and other key tax reforms
Pakistan Business Council urges budget makers to reduce tax burdens, boost investment, and revive key sectors, including manufacturing and agriculture.
Minister rejects reports of sugar prices reaching Rs. 180 per kg
Rana Tanveer Hussain reassures the public of sufficient sugar stocks and promises strict action against price hikes.
Pakistan and Italy explore joint ventures in energy sector
Both countries express optimism about strengthening collaboration in oil, gas, and energy technologies to drive innovation and economic growth.
Consumers to get Rs 0.50/unit relief as govt revises agreements with 7 IPPs
Renegotiated contracts expected to yield Rs 920bn in savings, though impact on consumer bills remains limited
CCP approves new aviation training venture by Fly Jinnah and Air Arabia
ISLAMABAD:Â The Competition Commission of Pakistan (CCP) has approved a joint venture between Fly Jinnah Services (Private) Limited and Air Arabia Academy...