Employees to receive one-month bonus salary under budget plan
ISLAMABAD: The government has decided to grant a one-month bonus salary to employees of the Finance Department in recognition of their role in preparing the budget and managing key financial affairs. According to sources, a special summary has been prepared recommending the payment of a bonus equivalent to one month’s
Petroleum products may see significant price reduction
A sharp decline in global oil prices has raised expectations of significant relief for consumers in Pakistan, with petroleum product prices likely to be reduced in the coming pricing review. The drop in international crude oil prices follows positive developments surrounding the Iran-US ceasefire and diplomatic engagement efforts, which have
Electric vehicles in line for massive token tax relief
The Punjab government has proposed a 99 per cent reduction in token tax for electric vehicles under the new Finance Bill, as part of a broader package of fiscal and taxation reforms. According to the proposed amendments, changes have also been suggested to property tax regulations. The bill proposes imposing
Big Opportunity for Pakistani Students: Germany Offers Fully Funded Scholarships 2026
ISLAMABAD: Pakistani students seeking higher education abroad have been presented with a major opportunity as Germany’s fully funded scholarship programs open applications for eligible candidates in select fields of study. As per details, the funding of these scholarships comes as a result of the DAAD Helmut-Schmidt-Programme or Master’s Scholarships for
Big Energy Shift: Pakistan to Manufacture Solar Panels and Batteries Locally
ISLAMABAD: Pakistan is moving toward establishing domestic manufacturing of solar panels and energy storage batteries as part of a broader strategy to reduce import dependence and strengthen the country’s renewable energy sector. It has been reported that a new policy regarding solar power has reached the final stages of its
Shia Community in Mirpur Appeals to Postpone Protest During Muharram
MIRPUR: The district president of the Shia community in Mirpur Division, along with organizational members, has appealed to the Joint Awami Action Committee (JAAC) to postpone or call off its planned protest activities in view of the commencement of Muharram. In a statement, the representatives noted that Muharram is a
The Diplomat: Field Marshal Asim Munir Emerges as Face of Pakistan’s Iran–US Mediation
ISLAMABAD: A recent report by The Diplomat, the ongoing tensions between the United States and Iran have had broad negative repercussions across much of the world, but Pakistan has been highlighted as a country whose global image and diplomatic influence have reportedly strengthened amid the shifting regional landscape. The journal
Pakistan’s Peace Efforts Driven by Regional Stability and Muslim Unity, Say Security Sources
ISLAMABAD: Senior security sources said that Pakistan has always had two main goals and objectives in the negotiations and peace agreement, which include establishing lasting peace in the neighbourhood and the region and reducing tensions between Muslim countries. Senior security sources, while talking to reporters exclusively, said that Pakistan has
Govt Fails to Fully Utilise Development Budget in Current Fiscal Year
ISLAMABAD: Pakistan has utilised only 63 percent of its revised federal development budget during the current fiscal year, according to official documents detailing spending under the Public Sector Development Programme (PSDP). According to Samaa TV report, the documents showed that out of a revised allocation of approximately Rs837 billion for
Crude oil prices slightly increased in international market
Crude oil prices increased slightly again on Tuesday in the global market, as investors await details of a preliminary agreement reached between the United States and Iran to end the war. The market remains uncertain at the moment, while concerns about a possible delay in the full restoration of oil
