Business News
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Consumers should not be charged with irrelevant taxes, surcharges in bills: NEPRA
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[ad_1] Office of the National Electric Power Regulatory Authority (NEPRA). — NEPRA/File ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA), in its State of the Industry Report 2022, said that there are certain surcharges in the electricity bills which have nothing…
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How worried should we be about Pakistan’s economy? | The Express Tribune
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[ad_1] ISLAMABAD: Concerns are rising again over the health of Pakistan’s economy as foreign reserves run low, the local currency weakens and inflation stands at decades-high levels despite the resumption of an International Monetary Fund funding programme in August. The…
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Finance ministry releases ‘ambiguous’ outlook report | The Express Tribune
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[ad_1] ISLAMABAD: The finance ministry on Friday predicted a halt in the inflation spike in September amid its inability to give forecasts for the country’s macroeconomic indicators while deviating from its previous standards. “September may show a halt to the…
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FBR announces extension for filing income tax returns till October 31
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[ad_1] A representational image of the Federal Board of Revenue building. — APP/File ISLAMABAD: The Federal Board of Revenue (FBR) has extended the date for filing income tax returns to October 31. The deadline has been extended keeping in view the demand…
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Good news: Petrol price slashed by Rs12.63 litre
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[ad_1] Finance Minister Ishaq Dar addressing a press conference on September 30, 2022. — YouTube screengrab/PTV News Live ISLAMABAD: Finance Minister Ishaq Dar on Friday announced a major reduction in the price of petrol and slashed it by Rs12.63 per…
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Income tax returns filing deadline extended to Oct 31 | The Express Tribune
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[ad_1] The Federal Board of Revenue (FBR) has extended the deadline for filing income tax returns to October 31 amid low filing of tax returns. The FBR in a notification announced late Friday night that September 30 deadline has been…
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Explainer: How worried should we be about the economy? | The Express Tribune
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[ad_1] ISLAMABAD: Concerns are rising again over the health of Pakistan’s economy as foreign reserves run low, the local currency weakens and inflation stands at decades-high levels despite the resumption of an International Monetary Fund funding programme in August. The…
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PKR gains further against dollar after speculators warned of action
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[ad_1] A representative image. KARACHI: The Pakistani rupee appreciated further against the US dollar in the interbank market Friday — the sixth consecutive session — after Finance Minister Ishaq Dar’s warning to speculators to stop their activities. The local unit…
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PM approves 2000MW solar power projects | The Express Tribune
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[ad_1] ISLAMABAD: Prime Minister Shehbaz Sharif on Thursday principally approved the construction of solar power projects of 2000 megawatts in the public sector to generate low-cost and environment-friendly electricity. The prime minister, who chaired a meeting to review progress on…
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SBP-held reserves fall to alarming levels, declining by 4%
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[ad_1] — AFP/File KARACHI: Pakistan’s foreign exchange reserves held by the State Bank of Pakistan (SBP) once again declined by 4.07% in line with the dominant trend over the last several weeks. On September 23, the foreign currency reserves held…
