Decision made to investigate tax-exempted factories in KP
PESHAWAR: Committees have been formed to investigate factories in merged tribal districts being exempted from taxes, and Grade 20 officers have been included in the audit process to fix responsibility in this regard. It has been decided to investigate factories importing raw materials in the tax-exempt merged tribal areas and
President approves major Salary hike for Supreme court and High Court Judges
ISLAMABAD: The President of Pakistan has approved a major increase in the salaries and allowances of judges of the higher judiciary. Under the approved revisions, the salaries and perks of Supreme Court judges have been made equal to those of judges of the Federal Constitutional Court. The monthly basic salary
Afghan Taliban’s support for TTP fuels rise in terror attacks in Pakistan: UN report
ISLAMABAD: The Afghan Taliban’s continued support for the Tehreek-i-Taliban Pakistan (TTP) has contributed to a rise in the frequency and lethality of terrorist attacks in Pakistan, even as Kabul has taken some initial steps to rein in the group, according to a UN Security Council-mandated monitoring report. The report also
What is the official stance of Easypaisa over two percent service charge?
Easypaisa has rejected reports claiming that it has introduced a 2 percent service charge on bank-to-wallet transfers, calling the information false and misleading. A close source at Easypaisa told Pro Pakistani that customers will continue to receive money into their Easypaisa accounts without any charges. Transfers made into Easypaisa wallets
Did govt cancel Bureaucrats’ permission for business and media activities
The federal government has cancelled all No Objection Certificates (NOCs) and special permissions previously granted to civil servants for private businesses, outside employment and media-related activities. The Establishment Division has withdrawn permissions issued to civil servants under Rules 6, 16, 18, 20, 21 and 22 of the Government Servants (Conduct)
Govt launches new pension scheme
The federal government has moved to operationalise its new Defined Contribution Pension Fund Scheme, directing ministries, divisions and departments to complete employee data and administrative arrangements for implementation. The move marks a major shift away from Pakistan’s traditional defined-benefit pension model and is aimed at containing the rapidly rising pension
Gold Prices drop in Global Market
Gold prices saw a slight decline in the global market on Thursday, although softer US inflation data provided support to the precious metal. A day earlier, gold had reached its highest level in over two months. spot gold was recorded at $4,407.78 per ounce, down 0.02%. According to analysts, relatively
Power consumers will face 3-Month hike under quarterly tariff adjustment
Electricity consumers are likely to face higher bills for the next three months as the National Electric Power Regulatory Authority (NEPRA) considers a request to impose a quarterly tariff adjustment. NEPRA has reserved its decision on an application filed by power distribution companies seeking approval to pass on a financial
US dollar continues downward Trend
The US Dollar continued its downward trend against the Pakistani Rupee in the interbank market on Thursday. According to data released by the Exchange Companies Association of Pakistan, the greenback depreciated by one paisa during trading. Following the decline, the US Dollar is now trading at Rs. 277.65 in the
Goods transporters’ strike enters 6th day as talks with governments fail
ISLAMABAD: The nationwide strike by goods transporters has entered its 6th day after talks with the federal and provincial governments failed to reach an agreement. President of the Goods Transporters Association, Nabeel Mehmood Tariq, said that negotiations with the government have reached a deadlock. He added that since the government
