Tag: government policy
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IMF deal to improve Pakistan’s financial outlook, but continuous reforms are essential: Moody’s
Moody’s Investors Service has stated that Pakistan’s recent staff-level agreement with the International Monetary Fund (IMF) enhances the nation’s funding prospects.
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Revised tax slabs: Here’s how much tax you will pay on your salary
The Finance Bill 2024 has ushered in a significant overhaul of income tax slabs affecting salaried individuals, resulting in a marked increase in taxation across various income brackets.
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Petrol prices expected to see notable increase next week
Consumers already grappling with the burdens of inflation may soon face another blow as reports indicate an imminent hike in petroleum prices within the country.
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PM Shehbaz transfers ECC chairmanship to Finance Minister Aurangzeb
Prime Minister (PM) Shehbaz Sharif, in a reversal of his earlier decision, has transferred the chairmanship of the Economic Coordination Committee (ECC) to Finance Minister Muhammad Aurangzeb.
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Toyota Yaris prices reduced by up to Rs133,000
Indus Motor Company, the manufacturer of Toyota vehicles in Pakistan, has announced a significant price adjustment for its Yaris sedan range.
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Why aren’t you getting your passport?
Numerous complaints have been filed against the Directorate General of Immigration and Passports, citing prolonged waiting periods for passport issuance, leading frustrated applicants to seek intervention from the federal ombudsman. Responding to the increasing complaints, Federal Ombudsman Ejaz Ahmad Qureshi acted on Monday by dispatching an inspection team comprising senior officials to assess the situation…
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You can’t get 100-page passports now
The government has announced a temporary suspension on the issuance of passports with 100 pages. A statement issued by the Passport office expresses regret for the inconvenience and clarifies that this decision is part of the Directorate General (DG) of Immigration and Passports’ plan to introduce electronic passports (e-passports) nationwide. The transition initially began in…
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Caretaker govt decides to transfer ownership of electricity distribution companies to provinces
The caretaker government has issued an order for the transfer of ownership of electricity distribution companies to the provinces.
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Goods transporters implement 20% fare hike in response to soaring diesel prices
Goods transporters raised their fares by 20 per cent in response to a recent surge in diesel prices on Thursday. The announcement came as the goods transporters association revealed their decision to implement a fare increase of 20 per cent, citing a substantial rise in diesel prices of up to Rs40 per litre over the…
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Petrol price likely to increase by Rs15 per litre after August 16
Starting August 16, petroleum products are expected to undergo a notable price hike. In particular, the price of petrol is projected to rise by Rs15 per litre, while diesel will likely see a steeper increase of Rs20 per litre.