Islamabad: The Pakistan Vanaspati Manufacturers Association (PVMA) has issued a stern ultimatum to the federal government, demanding the resolution of what it calls “excessive and harassing powers” granted to the Federal Board of Revenue (FBR) within 48 hours. Failure to meet the demand, the association warns, will result in a nationwide indefinite shutdown of all … Read more
Just like the whole world, Pakistan’s economy also showed signs of recovery from the Covid-19 pandemic in 2021 but rising twin deficits and inflationary pressures eroded the gains and made the life of a common man miserable. Unlike 2020, in which lukewarm economic activity was witnessed, the year 2021 remained better for the economy. The … Read more
ISLAMABAD: The government has presented a mini-budget worth Rs343 billion with the imposition of Rs2 billion taxes on daily use items in the Parliament, a senior official said on Thursday. The common man will be burdened with Rs2 billion in taxes imposed on computers, sewing machines, iodized salt, spices and match boxes, Federal Finance and … Read more
ISLAMABAD: Minister for Interior, Sheikh Rashid Ahmad on Saturday said that on the directives of Prime Minister Imran Khan, Eid Milad-un-Nabi (SAW) would be celebrated in a grand manner across the country with religious fervor and respect. Talking to media, he said that all arrangements had been finalized for holding the functions on the auspicious … Read more
