Electricity consumers across the country have received relief as the government announces a reduction in electricity rates by up to 1.23 rupees per unit. According to a notification, state-run distribution companies (DISCOs) consumers will benefit from a 1.22-rupee reduction per unit, while K-Electric users will see a 1.23-rupee cut. This price reduction stems from the monthly fuel price adjust
National Logistics Corporation (NLC), in collaboration with the business community of Sialkot and other stakeholders, made Sambrial Dry Port as a TIR (International Road Transport) hub, empowering exporters to have direct access to the vast markets of Central Asia, Russia and beyond. With the activation of Sialkot Dry Port Trust, Sumbrial as a TIR hub, exporters and importers can now leverage h
Economic nationalists have asked for the revitalisation of the struggling textile sector where the rapid closure of approximately 187 textile mills mainly in Punjab bristles with serious socio-economic repercussions for all stakeholders. Talking to The Express Tribune, they said first Faisalabad and secondly Karachi ooze huge potential in textile industries but they are being annihilated due to
The salaried class's income tax payments have jumped to Rs285 billion in seven monthsRs100 billion more than the comparable periodas Minister of State for Finance Ali Pervaiz Malik hints at reducing the burden in the budget. Also, nearly Rs100 billion more in income tax that the salaried people were forced to pay from July through January was Rs25 billion more than the government's estimates
Some of the world’s top money managers are once again warming up towards Pakistan’s $50 billion market after the returns last year were among the best globally, Bloomberg reported on Wednesday. According to the report, asset managers from companies such as BlackRock Inc. to Eaton Vance Corp, are “warming up” to the country’s stock exchange, which handed investors 84 per cent returns in 2024.