The National Electric Power Regulatory Authority (NEPRA) has decided to raise the basic electricity tariff by Rs. 5.72 per unit, effective from July 1, 2024. This hike will increase the tariff from Rs. 29.78 to Rs. 35.50 per unit. The federal government will determine whether this new rate will be...
The National Disaster Management Authority (NDMA) has released an advisory to inform the public about the expected weather conditions during the upcoming Eid-ul-Azha holiday. Weather Update: NDMA Issues Rain Alert for Eid-ul-Azha Holiday The NDMA has predicted that several regions, including Khyber Pakhtunkhwa, Gilgit-Baltistan, Azad Jammu and Kashmir, South Punjab,...
The government has decided to reduce the petrol prices in Pakistan for the next fortnight, from 15 June 2024 to 30 June 2024. According to the details, the government has decided to slash the price of petrol and high-speed diesel (HSD) for the next fortnight ahead of Eid ul Adha to provide...
The petrol prices in Pakistan are expected to see a reduction tomorrow for the remainder or the month and the next fortnight starting June 16, 2024. Petrol Prices Likely to Reduce For the Next Fortnight According to reports, the federal government may reduce the price of petrol by Rs. 9...
The government announced key discounts for the import of raw materials used in producing inverters, batteries, and solar panels. The aim is to promote local production of solar panels, batteries, and inverters by cutting import duties on the raw materials needed to manufacture these items. Finance Minister Muhammad Aurangzeb has...
Pakistan’s Finance Minister, Senator Muhammad Aurangzeb, has allocated Rs. 4 billion for promoting electric bikes (e-bikes) and Rs. 2 billion for energy-saving fans in the latest 2024-25 Budget. These funds are aimed at reducing carbon emissions from transportation and lowering energy consumption. Budget 2024-25 Focuses on E-Bikes and Energy-Saving Fans...
Finance Minister Muhammad Aurangzeb has unveiled the Federal Budget 2024-25 valued at Rs. 18.887 trillion in the National Assembly session, following a slight delay due to opposition protests. Despite the disruption, budget copies were distributed among members. Federal Budget 2024-25 Key Points Key Points of Federal Budget 2024-25: Kissan Package:...
The new income tax slabs for salaried individuals have been revealed in the federal budget for 2024-25. Starting July 1, 2024, a higher rate of income tax will be applied to those with an annual taxable income exceeding Rs. 600,000. Income Tax Rates Increased With New Budget 2024-25 Key Changes...
The Federal Government has announced an increase in the general sales tax (GST) for branded shoes and clothes in order to increase GST on the textile products in budget 2024-25. Govt Raises Sales Tax on Branded Shoes and Clothes According to the details, the sales tax (GST) has been increased...
Prime Minister Shehbaz Sharif’s federal government announced on Wednesday an increase in the minimum basic salary from Rs. 32,000 to Rs. 37,000 in the Federal Budget 2024-25. Govt Raises Basic Salary for Private and Public Employees in Budget 2024-25 This change is part of a larger plan to improve the...
The federal cabinet has approved a proposal for Federal Budget 2024-25 to raise the pensions of federal government employees by 15 percent. Furthermore, the cabinet has approved a significant increase in salaries for federal government employees. Employees in grades 1 to 16 will receive a 25 percent salary increase, while...
As part of the Prime Minister’s Strategic Reform Initiatives for Women’s Mobility, called "Women on Wheels," the government will distribute 22,000 bikes to women across the country. Govt to Provide 22,000 Bikes for Women Across Pakistan According to the Economic Survey released on Tuesday, this project aims to improve women's...
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