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Bugti welcomes Balochistan -Project Financing Via Pol Levy

Islamabad: Balochistan Chief Minister Mir Sarfaraz Bugti on Wednesday expressed gratitude to the federal government for having awarded funds for the dualization of a main road in Balochistan and the Kachhi Canal project. He approached a news conference in Islamabad along with federal ministers Jam Kamal and Khalid Magsi. The minister said that this financial […]

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Storms claim life, dough Punjab, kp

Islamabad/Rawalpindi/Shangla: Torrential rain accompanied by storms and hail broke out destruction across several regions of Punjab and Khyber Pakhtunkhwa as well as Islamabad on Wednesday and claimed at least three lives, injured several others and injured crops, homes and infrastructure. The greeting storm, accompanied by strong winds, surfaced several cities and districts and raised alarms

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Taxable income threshold may increase to RS0.8 million

Islamabad: The federal government is likely to improve the threshold for the taxable annual income from RS600,000 in the upcoming budget, provided it ensures approval from the International Monetary Fund (IMF). In addition, the government also mullets over the introduction of taxes on retirees that deduct significant amounts. According to the Federal Board of Revenue

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Kuwait approves two-year oil credit for Pakistan in Energy Partnership Boost

Listen to article Kuwait has expanded its oil credit facility to Pakistan for an unprecedented two years that marks an elaboration of bilateral cooperation in the energy sector. The message was made during a meeting between Kuwaiti ambassador Nassar Abdulrahman J. Almutairi and Pakistan’s federal minister of petroleum Ali Pervaiz Malik in Islamabad on Wednesday.

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Miftah Ismail Slams Govt’s RS20 Petroleum Levy Hike calls it a ‘mini-budget’

Listen to article Former Finance Minister Miftah Ismail called on the ruling coalition for back-to-back petroleum tax increases, accusing the government of burdening citizens with a “mini-budget” and failing to pass on the benefits of falling global oil prices. He accused the government of giving up fundamental economic practice and said fuel prices should reflect

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Three dead, eight wounded as walls collapses in heavy rain over Punjab

Listen to article At least three people were killed and eight others wounded in rain -related incidents after heavy rainfall and thunderstorms in Rawalpindi and Jhelum districts, Express News reported. In Jhelum’s Sohawa Tehsil, two people lost their lives, and four were injured when a border wall collapsed on a Loader vehicle in Mohalla Shaheedan.

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