The government is planning a significant overhaul of property transaction taxes, with an emphasis on high-value properties, to revitalize Pakistan’s real estate market. These proposed tax cuts aim to encourage investments, create a more favorable economic environment, and streamline property dealings in the country. Key Proposed Tax Reductions The proposed changes, currently being reviewed by […]
The Punjab government has rolled out the Nigahban Ramzan Relief Package, a special initiative aimed at providing financial assistance to families in need during the holy month of Ramadan. This comprehensive guide will walk you through everything you need to know about registering for the relief package, eligibility criteria, and the registration process. What is […]
Are you an aspiring entrepreneur or a small business owner looking for support to kickstart your venture? The Asaan Karobar Scheme, launched by the government of Pakistan, could be just what you need. Designed to promote entrepreneurship and uplift small businesses, this program provides financial assistance and essential resources to help you turn your business […]
The cryptocurrency market is known for its volatility and rapid changes, making price predictions both challenging and exciting. Seed airdrops, a popular method for distributing tokens to users, have garnered significant attention from investors and traders. In this article, we will delve into the factors that influence Seed airdrop price predictions, analyze current market trends, […]
In a recent meeting of the Economic Coordination Committee (ECC), the government approved a substantial increase in the gas tariff for captive power plants, raising the rate from Rs. 3,000 per metric million British thermal unit (mmbtu) to Rs. 3,500 per mmbtu. This revision is aimed at ensuring the necessary revenue generation for the gas […]
In a landmark move, the Khyber Pakhtunkhwa Assembly introduced the Agricultural Income Tax Bill 2025 to regulate and tax income derived from agricultural production. Presented by Law Minister Aftab Alam, the bill proposes a tiered tax system aimed at ensuring fair taxation while boosting provincial revenue. This significant development highlights the government’s push toward broadening […]
The State Bank of Pakistan (SBP) has introduced new guidelines to streamline profit distribution and pool management in Islamic Banking Institutions (IBIs). This move aims to enhance transparency and efficiency in the Islamic banking sector, which has grown significantly in Pakistan over recent years. Key Features of the Guidelines Significance of the Guidelines The updated […]
National Voter Statistics: A Steady Rise The Election Commission of Pakistan (ECP) has stated a modest rise in the country’s registered voters, increasing by 0.47 million to 132.67 million. The voter population now consist of 71.28 million males (53.72%) and 61.39 million females (46.28%), reflecting the gender gap in voter registration. Voter Distribution Across Provinces […]
January 23, 2025 Official Statement Indian External Affairs Minister S. Jaishankar has clarified that no trade talks are currently underway between India and Pakistan. This statement dispels recent speculations about potential economic engagements between the two neighboring countries. Historical Context Trade relations between India and Pakistan have been fraught with challenges, often influenced by broader […]
The Punjab government has launched the PSER (Punjab Social and Economic Registry) survey, aiming to provide relief to low-income families through the Ramadan Relief Package 2025. This initiative, valued at 7.5 billion rupees, offers essential food items at discounted rates to help families during the holy month of Ramadan. Key Highlights of the PSER Survey […]
Explore the charm of Estonia with ease! This guide helps Pakistani citizens navigate the visa application process (Estonia Visa for Pakistanis). Planning a trip to Estonia? Whether you’re eyeing the medieval streets of Tallinn or the serene Baltic coastline, Pakistani citizens must apply for a Schengen visa to visit. This step-by-step guide will simplify the […]
The federal government has announced new prices for petroleum products, effective January 16, 2025, with significant hikes in both petrol and diesel costs. According to the Ministry of Finance, petrol will now cost Rs. 256.13 per liter, an increase of Rs. 3.47, while the price of high-speed diesel (HSD) has risen by Rs. 2.61 to […]
As per the official documents, ARY News reported that the salaried class has become the third-largest contributor to the country’s revenue with a collection of Rs368 billion during the fiscal year 2023-24. This shows an upward surge of 39.3% or Rs103.74 billion from the previous year. The collection of taxes from salaried individuals in Pakistan […]
As of January 10, 2025, the exchange rate of the Saudi Riyal (SAR) in relation to the Pakistani Rupee (PKR) is recorded at Rs74.22 in the open market. The selling rate stands slightly higher at Rs74.62. Economic Partnership between Pakistan and Saudi Arabia The long-standing partnership between Pakistan and Saudi Arabia is deeply rooted in […]
On January 10, 2025, the Omani Rial (OMR) exchange rate against the Pakistani Rupee (PKR) was recorded at: This steady exchange rate reflects the stable economic relationship between Oman and Pakistan, particularly driven by the remittances from the sizable Pakistani expatriate community in Oman. Omani Rial (OMR): An Overview The Omani Rial, denoted as OMR, […]
Azerbaijan continues to be a popular destination for Pakistani tourists, thanks to its simple visa application process and affordable fees. With its rich culture, stunning architecture, and historical landmarks, Azerbaijan, particularly its capital Baku, draws a significant number of visitors each year. Top Attractions in Azerbaijan Azerbaijan Visit Visa Fees from Pakistan (As of January […]
The Punjab government has launched the Honhar Laptop Scholarship Program, a forward-thinking initiative designed to enhance educational access through technological support. This program is set to distribute 50,000 laptops and merit scholarships to deserving students across the province within a tight 90-day schedule. Key Details of the Honhar Laptop Scholarship Program Laptop Distribution Special Allocations […]
The Senate of Pakistan is set to consider the Virtual Assets Bill 2025, introduced as a private member’s bill by Senator Dr. Afnan Ullah Khan. The proposed legislation seeks to regulate the burgeoning domain of virtual assets, including cryptocurrencies and blockchain technologies, while also paving the way for the introduction of a Digital Rupee backed […]
A Game-Changer for Education in Khyber Pakhtunkhwa The Khyber Pakhtunkhwa Higher Education Department has unveiled plans to implement a ranking system across all universities and colleges in the province. This strategic move aims to uplift education standards and encourage healthy competition among institutions. Provincial Minister’s Vision for Higher Education During a high-level meeting chaired by […]
January 2, 2025 Consumers in Punjab are facing a significant increase in chicken prices. In Lahore and Faisalabad, prices have risen from Rs380–450 per kg to over Rs600 per kg. In Jhang, prices have escalated to as high as Rs650 per kg. Contributing Factors Impact The price hike is straining household budgets, prompting calls for […]
