govt
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Is govt mulling to review solar net metering policy?
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[ad_1] Several solar panels can be seen in this picture. — AFP/File ISLAMABAD: Federal Minister for Energy Awais Ahmad Khan Leghari on Tuesday categorically rejected media reports and said that the government would not make any change in solar net metering policy sans the consensus of all the stake holders. Responding to a call attention…
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Govt ‘moves’ to end solar net metering policy
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[ad_1] A man wipes the dust off solar panels he recently installed on the roof of his home in Larkana, in Pakistan’s Sindh province, June 28, 2017. — Reuters ISLAMABAD: The federal government has planned to introduce a “gross metering” policy to replace already in place “solar net metering” which could curtail monetary benefits of…
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Govt mulls restricting use of cash, decides to introduce reforms in real estate sector
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[ad_1] A man counts Pakistani rupee notes at a currency exchange shop in Peshawar, Pakistan September 12, 2023. — Reuters KARACHI: The federal government is considering imposing a restriction on use of cash along with introducing reforms in the real estate sector in its bid to tackle money laundering and terror financing. The development comes…
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PSO ‘in talks’ with govt to acquire stakes in public sector energy companies
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[ad_1] A man drinks water from a cooler at a Pakistan State Oil petrol station in Peshawar, on October 2, 2017. —Reuters KARACHI: The Pakistan State Oil (PSO), the country’s largest oil marketer, says it is in talks with the government on a plan to acquire stakes in public sector energy companies and offset mounting…
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Govt tightens noose on non-filers | The Express Tribune
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[ad_1] ISLAMABAD: In a major development, the Federal Board of Revenue (FBR) on Tuesday issued legally-binding instructions to the relevant departments to block mobile phone connections of over half-a-million non-filers, as its campaign to voluntarily register retailers also falls apart with only 75 retailers availing the scheme. The tax machinery also faced another setback on…
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Govt implements sweeping fiscal reforms to cut debt | The Express Tribune
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[ad_1] ISLAMABAD: The federal government, on Monday, notified new fiscal rules to reduce its debt servicing cost by gradually tapping into trillions of rupees of public money that ministries and departments have parked in commercial banks. The Ministry of Finance issued new Cash Management and Treasury Single Account Rules in order to capture the details…
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Solar energy: Govt denies fixed tax reports, hints at revising rates
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[ad_1] Several solar panels can be seen in this picture. — AFP/File Refuting a report claiming the government plans to impose fixed tax on solar power, the Power Division on Saturday said there is no truth to the news. Reports were circulating on social media platforms that a summary had been moved to introduce the…
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Govt promoting interest-free economy, Islamic banking in line with FSC verdict: FinMin
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[ad_1] A representational image showing a man counting rupee notes. — AFP/File The federal government is promoting an interest-free economy and establishing Islamic banking branches across the country in line with the Federal Shariat Court’s (FSC) verdict for getting rid of interest-based system, said Federal Minister for Finance and Revenue Muhammad Aurangzeb. The domestic economy…
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Punjab govt slashes roti price by Rs4 despite nanbais’ concerns
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[ad_1] A representational image. — Geo News/File In a sigh of relief for the people in Punjab amid skyrocketing inflation, Chief Minister Maryam Nawaz on Sunday reduced the price of roti (flat bread made in tandoor) by Rs4 to Rs16 with immediate effect across the province. The first-ever female chief minister announced last month that…
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Govt announces reduction in electricity tariffs | The Express Tribune
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[ad_1] Federal Minister for Energy, Sardar Awais Khan Leghari, on Thursday announced a significant decrease in electricity bills for the month of April, Express News reported. In a statement, Leghari revealed a reduction of Rs3.82 per unit on electricity bills for April. This move comes as a relief to households and businesses grappling with rising…
