Pakistan will launch a comprehensive tax operation package in the next budget (FY 2022-23), which will reflect a federal-provincial consensus on the new tax regulations.According to some top officials, who have a role in budget preparation, at the Fede…
The cost of Greater Karachi Bulk Water Supply Scheme 260 MGD (K-IV) has gone up by almost 1132 percent from the original estimates of Rs. 10.22 billion to Rs 126 billion, official documents have revealed.As per the original PC-I, the cost of Greater Ka…
Minister for Railways Senator Azam Khan Swati has said that Main Line-1 (ML-1) project is the backbone for the country’s economy. He said this while giving a detailed briefing to the National Assembly Standing Committee on Railways.The meeting of the S…
Federal Minister for Privatization Mohammed Mian Soomro has asked for the urgent resolution of issues related to K-E, Pakistan Reinsurance Company Limited (PRCL), issuance of NoC to Pakistan Steel Mills Corporation (PSMC) by Sui Southern Gas Company Li…
The inconsistent tax regime and opening of foreign currency accounts are two major policy hurdles in promoting exports of the information technology sector said Federal Secretary for Ministry of Information Technology and Telecommunication Dr Muhammad …
Pakistan’s freelancers earned export revenue of $216.788 million during July–December FY22, showing an increase of 16.74 percent as compared to $185.698 million in the corresponding period last year.According to the data released by the Ministry of Inf…
Meezan Bank will launch Pakistan’s first Islamic e-commerce payment gateway and point-of-sale (PoS) system this year, as the bank aims at providing a Sharia-based digital transaction system and solution to merchants and customers countrywide.The bank i…
The government has withdrawn the option of accepting a Corporate Guarantee against any imported items, while a bank guarantee or pay order would remain valid as an instrument of guarantee.The purpose of the guarantee arises in case of a dispute on cust…
The Government of Pakistan has successfully raised $1 billion through the issuance of International Sukuk.According to a press release issued by the Ministry of Finance, the transaction generated great interest, as leading global investors from Asia, t…
Federal Minister for Finance and Revenue, Shaukat Tarin has stated that the government is taking measures to stop under-invoicing, especially taking place in the import of petroleum products, as it is causing huge revenue loss.Addressing the inaugurati…
Karachi: The 17th death anniversary of legendary television and film artist Shafi Muhammad was
Islamabad: Prime Minister Shehbaz Sharif has congratulated Mir Attaullah Langove on his election as the
Islamabad: National Assembly Speaker Sardar Ayaz Sadiq has highlighted the immense opportunities for enhancing cooperation
Muridke: Minister for Industries and Production Rana Tanveer Hussain has asserted that attempts are being
Islamabad: Pakistan’s Ayla Majid has made history as she became the first Muslim and South
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Copyright © 2024 Pakistan Press Release Point. All rights reserved.
