News

News Category will include ths artciles about the news about taxes, finance and economy mainly related to Pakistan

News | Announcements | Economy
Winter Relief with Bijli Sahulat Package: Rs26 Per Unit for Extra Power Usage
Bybeingfiler November 12, 2024March 23, 2025
The federal government recently launched the “Bijli Sahulat Package” for the winter season, a move designed to address Pakistan’s seasonal electricity demand shifts while providing financial relief to consumers. Running from December 2024 through February 2025, this initiative sets a flat rate of Rs26.07 per unit for electricity consumption above individual historical benchmarks. This rate…
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News | Announcements | Economy
Roshan Digital Account Surpasses $9 Billion in Inflows, Marking a Major Milestone for Pakistan
Bybeingfiler November 9, 2024November 9, 2024
The State Bank of Pakistan (SBP) announced that inflows through RDA – Roshan Digital Account surpasses $9 billion, marking a significant milestone in the country’s financial sector. This achievement underscores the trust and confidence that overseas Pakistanis have placed in the RDA initiative. Roshan Digital Account Surpasses $9 Billion Launched in September 2020, the RDA…
Read More Roshan Digital Account Surpasses $9 Billion in Inflows, Marking a Major Milestone for Pakistan
News | Announcements | Automobiles | Economy
Pakistan’s Locally Produced Electric Cars Set to Hit the Road by December
Bybeingfiler November 9, 2024November 9, 2024
As the global trend toward electric vehicles (EVs) gains momentum, Pakistan’s Locally Produced Electric Cars are helping it emerge as a competitive player in the EV sector. With its latest locally assembled models ready to hit the market, Pakistan’s automotive landscape is on the brink of transformation, paving the way for a sustainable, cost-effective alternative…
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News | Announcements | Economy
BOD Approves Potential Merger of SilkBank with UBL
Bybeingfiler November 7, 2024November 9, 2024
Karachi: Silkbank Limited (PSX: SILK) has taken a significant step towards a potential merger of SilkBank with UBL – United Bank Limited (PSX: UBL), one of Pakistan’s largest commercial banks. In a meeting held on November 6, 2024, Silkbank’s Board of Directors granted in-principle approval for the merger under a scheme of arrangement, which will…
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News | Announcements | Automobiles | Economy
Pakistan to Unveil Comprehensive Electric Vehicle Policy By November 30
Bybeingfiler November 7, 2024November 7, 2024
Islamabad: Pakistan is preparing to announce a major new Electric Vehicle Policy on November 30, 2024, as part of its commitment to advancing eco-friendly transportation and reducing the nation’s carbon footprint. This policy, which builds upon previous EV initiatives, targets the establishment of 10,000 EV charging stations across the country by 2030, significantly boosting Pakistan’s…
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News | Announcements | Govt of Punjab | Loan Schemes | Welfare Schemes
Important Announcement for Punjab Bike Scheme Successful Candidates
Bybeingfiler November 6, 2024March 23, 2025
Lahore — The students who were the Punjab Bike Scheme successful candidates in the ballot, the Punjab Government has issued essential instructions that must be followed to secure their bikes. To ensure that the scheme benefits the maximum number of students, all selected candidates must complete the necessary steps in their application process by November…
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News | Announcements | Education | Govt of Punjab
Punjab Enacts Emergency Measures Amid Severe Smog Crisis
Bybeingfiler November 6, 2024November 6, 2024
Lahore, November 6, 2024 — As the severe smog crisis worsens and the level reaches hazardous levels across Punjab, the provincial government has implemented a series of emergency measures aimed at protecting public health. Schools have been closed and a partial work-from-home mandate has been introduced, with new policies focusing on reducing pollution and minimizing…
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News | Announcements
Govt of Pakistan Approves Hajj Policy 2025 with 179,210 Pilgrims Quota حج پالیسی ۲۰۲۵
Bybeingfiler November 5, 2024November 6, 2024
Islamabad, November 5, 2024 — The federal cabinet on Tuesday approved Hajj Policy 2025, following the recommendation of the Ministry of Religious Affairs and Interfaith Harmony (MORA & IH). The approval came during a federal cabinet meeting today at the Prime Minister’s House in Islamabad, chaired by Prime Minister Shehbaz Sharif. Key Notes of Hajj…
Read More Govt of Pakistan Approves Hajj Policy 2025 with 179,210 Pilgrims Quota حج پالیسی ۲۰۲۵
News | Announcements | Govt of Punjab | Real Estate
Property Mutation Automation in Punjab 2024 پنجاب میں زمین کے انتقال کے خودکار نظام کا آغاز
Byadmin November 4, 2024November 4, 2024
The Government of Punjab has introduced property mutation automation in Punjab Land Revenue Department, streamlining the process for citizens. As of October 30, 2024, upon completing a property registration, the mutation is automatically recorded in the official land records. This advancement eliminates the need for property buyers to separately apply for mutation, thereby saving time…
Read More Property Mutation Automation in Punjab 2024 پنجاب میں زمین کے انتقال کے خودکار نظام کا آغاز
Economy | Announcements | Education | News
SBP Slashes Interest Rate by 2.5%, Helping Boost in Economic Activity
Bybeingfiler November 4, 2024November 4, 2024
Islamabad, November 4, 2024—The SBP slashes interest rate by 2.5%, equivalent to a 250-basis-point reduction in the benchmark rate bringing it down to 15%. This significant rate cut announced during today’s Monetary Policy Committee (MPC) meeting, aims to stimulate economic activity by making borrowing more affordable for businesses and households. This brings the interest rate down, marking…
Read More SBP Slashes Interest Rate by 2.5%, Helping Boost in Economic Activity