The federal government has decided to permanently shut down the state-owned Pakistan Steel Mills (PSM) after unsuccessful attempts to privatize it. In a statement, the
The federal cabinet has approved a hike in the base electricity tariff, effective from July 1, 2024. The National Electric Power Regulatory Authority (NEPRA) had
Suzuki Cultus remains one of the top-selling hatchbacks in Pakistan, primarily due to its affordability, fuel efficiency, and compact size. As a budget-friendly option, the
The International Monetary Fund (IMF) has reportedly urged Pakistan to raise the electricity tariff by Rs. 5 per unit before July 10, 2024, as a
The Federal Board of Revenue (FBR) has extended the anti-smuggling powers of several law enforcement agencies (LEAs) up to June 30, 2025, through four notifications
Refineries are expressing significant dissatisfaction with the government’s decision to exempt imported petroleum products from sales tax, a move they warn could severely impact the
The State Bank of Pakistan (SBP) has mandated all banks and DFIs to include detailed disclosures of loans disbursed to women and enterprises managed or
Starting from July 1, Nepra has implemented fixed charges for domestic electricity consumers in Pakistan, aimed at bolstering revenue for electricity distribution companies (Discos). The
The Oil and Gas Regulatory Authority (OGRA) has announced an increase in the price of indigenous liquefied petroleum gas (LPG) for July 2024. The new
The government has implemented several new customs duties as part of its fiscal measures for the fiscal year 2024-25, which began recently. Here’s a breakdown
The domestic prices of steel products have surged by Rs. 5,000 per ton, pushing the cost of steel rebar to as high as Rs. 273,000
The recent increase in packaged milk prices in Pakistan, with a rise of Rs. 75 per liter, now priced at Rs. 370 per liter, has
