FBR exposes Rs 16 billion fraud
The Federal Board of Revenue (FBR) has uncovered a massive financial scandal in Islamabad, exposing a Rs 16 billion fraud…
Category: Economy
NEPRA Increased Electricity Tariff in Karachi: K-Electric News 2023
Karachi, Pakistan’s vibrant metropolis, is facing an upward surge in electricity costs following a recent decision by the National Electric…
PSO deals with massive financial crisis as receivables cross Rs. 800 Billion
Pakistan State Oil (PSO) is grappling with a financial crisis as its receivables have surged to a staggering Rs. 802…
PKR records its 6th consecutive day of gains against USD
In a positive trend, the Pakistani rupee extended its winning streak against the US Dollar for the sixth consecutive day…
Government Slashes Petroleum Prices to Ease Inflation Woes
In a bid to provide much-needed relief to the inflation-stricken masses, the federal government has announced substantial cuts in the…
Tea prices drop at utility stores
In the week ending on December 14, the prices of branded tea at Utility Stores in Pakistan experienced a notable…
LESCO cracks down on power theft with cutting-edge technology
Lahore Electric Supply Company has implemented the latest technology in its network to combat widespread electricity theft. This is a major…
Good News for Pakistani Freelancers! Interest-Free Loans and E-Working Centers Announced
Pakistani freelancers, rejoice! The Ministry of Information Technology and Telecommunication has announced a revolutionary initiative to empower and boost their…
New Raast P2M Service Launched to Boost Digital Payment Acceptance in Pakistan
The State Bank of Pakistan (SBP) has launched a new Raast Person-to-Merchant (P2M) payment service to make it easier for…
Pakistan Ends Free Electricity for Power Officials: What You Need to Know
Effective December 1st, Pakistan has ended the longstanding practice of providing free electricity to its power officials, including employees of…
The first EV bike introduced in Pakistan by Atlas Honda
One of the biggest motorcycle producers in Pakistan, Atlas Honda, has revealed the “BENLY e,” the company’s first electric vehicle.…
NEPRA announces Rs 3.07 hike in electricity bills from December
In a recent development, NEPRA (National Electric Power Regulatory Authority) has announced a 3.07 Rs hike in electricity prices for…
Meat and milk prices to undergo massive changes
In a significant move to revamp the pricing dynamics of meat and milk across Pakistan, the government has decided to…
New Petrol, Diesel Prices Announced in Pakistan
The caretaker federal government of Pakistan has announced new petrol and diesel prices, effective December 1, 2023. The price of…
Pakistan’s GDP to significantly fall due to climate
The World Bank recently issued a stark warning about Pakistan’s economic future, projecting a significant decrease in GDP by 18-20%…
FBR to take action against doctors, lawyers, and industrialists
In a bold move to expand the tax base, the Federal Board of Revenue (FBR) in Pakistan is set to…
ADB Approves $180 Million Loan to Improve Water Supply and Waste Management in Two Pakistani Cities
The Asian Development Bank (ADB) has approved a $180 million loan to improve water supply and solid waste management services…
Legal action taken against leading food company for under-invoicing
Customs Intelligence has filed a First Information Report (FIR) against the owner of M/s Food Links International, Shahid Huda, and…
UAE salaries are increasing for IT and HR positions; mid-career professionals can expect to make up to Dh50,000
In certain regions, employers are increasing living allowances, but they are decreasing them for new hires. Dubai There’s good news…
Fuel prices may be reduced further in a few days
Fuel prices in Pakistan are on the verge of a substantial reduction, promising a significant relief for the nation’s consumers.…