Economy

Pakistan Post Paid Rs 8.8 Million to Advertising Firm after Ombudsman Intervention

Murtaza Ali Kalas, CEO of Graymatter Communication Advertising Agency, filed a complaint against Pakistan Post for the unjust delay in payment of outstanding dues.He stated that several advertisements of the Ministry of Postal Services were published t…

Economy

ECC Approves Cash Support for PIA to Offset Pandemic-linked Losses

Federal Minister for Finance and Revenue, Mr. Shaukat Tarin, presided over the meeting of the Economic Coordination Committee (ECC) of the Cabinet held at the Finance Division today.The ECC considered and approved a summary tabled by the Aviation Divis…

Economy

FBR Announces New Portal for Overseas Pakistanis to File Income Tax Returns

The Federal Board of Revenue (FBR) announced on Wednesday a new link (URL) for overseas Pakistanis to file their income tax returns.According to a tweet of FBR spokesperson, FBR, considering the problems faced by overseas Pakistanis to access IRIS, has…

Economy

Govt Lifts 32% Subsidy on Wheat amid Rising Inflation and Public Debt

Federal Minister for Finance and Revenue Shaukat Tarin has announced that the wheat issue price for release to mills has been fixed at Rs. 1,950 per 40-kg to help reduce the price of wheat flour in the consumer market.Addressing a news conference on th…

Economy

Roadshow with International Investors for PSM Continues for Third day

Roadshow with international investors continued for the third consecutive day. Renowned national and international investors showed interest in the revival of Pakistan’s mega industrial corporation.Ministry of Privatisation started conducting roadshows…

Economy

NLC Upgraded Fleet to 900 Vehicles in FY 2020: Planning Ministry

The 64th meeting of the National Logistics Board (NLB) was held under the Chairmanship of Federal Minister for Planning, Development and Special Initiatives, Asad Umar, in Islamabad on September 15, according to a press release issued by the Ministry o…