News Category will include ths artciles about the news about taxes, finance and economy mainly related to Pakistan
ISLAMABAD: As Pakistan’s exports rise by 12.57%, the overall trade performance has shown a mixed but promising trend in the first five months of the fiscal year 2024-25, with significant improvements in exports and a narrowing trade deficit. The data, released by the Pakistan Bureau of Statistics (PBS), reflects both year-on-year (YoY) growth and monthly…
Islamabad: Pakistan’s Inflation Rate in November 2024, measured by the Consumer Price Index (CPI), dropped to 4.9%, marking the lowest level in six and a half years, according to the Pakistan Bureau of Statistics (PBS). This notable decrease brings relief to consumers and is a positive indicator for the country’s economy, which has been grappling…
Karachi: With the launch of the country’s first locally assembled electric SUV, the Seres 3 by Regal Automobiles Industries Limited, Pakistan’s automotive industry reached a historic milestone. The unveiling ceremony, held at Regal Automobiles state-of-the-art manufacturing facility, marked a significant step forward in the nation’s shift toward sustainable transportation. Key Features of Regel Automobiles SUV…
The Punjab government has launched a groundbreaking initiative to address the housing crisis in the province and has decided to distribute 3 marla plots and interest free loans for house construction to deserving families under the “Apni Chhat Apna Ghar” program. This ambitious scheme, approved by Punjab Chief Minister Maryam Nawaz Sharif, aims to make…
The Punjab government has announced that its flagship initiative e-bike scheme expanded with the aim to provide affordable transportation to students across the province. The program, initially designed to distribute 20,000 bikes, has now been extended to 27,200 due to overwhelming demand. پنجاب حکومت نے طلبہ کے لئے الیکٹرک بائیک سکیم میں وسعت دینے کا…
The Punjab government has taken a groundbreaking step in agriculture and aquaculture by introducing the Punjab Shrimp Farming Internship Program and the country’s largest Shrimp Farming Pilot Project. These initiatives aim to transform South Punjab’s barren and saline lands into productive areas, providing economic opportunities for the youth and boosting the province’s economy. The internship…
The Punjab government, with the directions of Chief Minister Maryam Nawaz Sharif, has launched the groundbreaking Punjab Livestock Card initiative to support small-scale livestock farmers financially and improve meat production in the province. This program, backed by an allocation of PKR 11 billion, offers interest-free loans to livestock farmers for purchasing animal feed and other…
Islamabad, November 11, 2024 — The Govt Hajj Scheme 2025 has been introduced by the Ministry of Religious Affairs, offering a comprehensive plan for prospective pilgrims. The Hajj Scheme 2025 includes essential facilities such as Hajj training, vaccinations, medical support, round-trip flights, shared accommodation in Makkah and Madinah, transportation, meals, 5 liters of Zamzam water,…
The financial institutions and rating agencies of the world have praised the Pakistan’s inflation control and economic stability. Pakistan and Turkey have also been grappling with major economic problems related to inflation and interest rates in the last two years. This Note compares the paths forward for inflation, monetary policy, and overall economic performance between…
While looking at the environmental issues, Punjab’s Smog Crisis is seen as a critical issue particularly the cities of Lahore and Delhi across the India-Pakistan border, are grappling with severe smog conditions. Both cities have recently experienced hazardous air quality levels with the blame frequently cast on neighboring regions. However, a deeper examination reveals that…
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