Islamabad, Sep 21: It is anticipated that FBR will experience a deficit of Rs. 275 billion during the first quarter of the current financial year. This month, a proposal for a mini-budget of almost Rs. 1 trillion is anticipated, along with a shortfall of Rs. 175 billion. The aim for this month is Rs. 1.1 billion in order to reach the tax target of Rs. 12.97 billion. ProPakistani was informed by sources that the forthcoming mini-budget would impose withholding tax and remove sales tax exemptions. To make up the difference in revenue when the current month ends, a mini-budget could…
Author: Iqra Khan
Islamabad, Sep 21: Sui Southern Gas Company (SSGC) has declared a 24-hour gas shutdown for all industries and CNG stations in Sindh due to a scarcity of gas supplies in its system. The company blamed low pressure in its pipes and decreased gas availability in a statement released on Friday. On Sunday, September 22, at 8 a.m., the shutdown will start, and it will end at 8 a.m. on Monday, September 23. All industries will be impacted by this, including those that rely on RLNG for CNG stations and electricity generating units. According to SSGC, the action complies with OGRA-approved…
Islamabad, Sep 21: The Faisalabad Electric Supply Company (FESCO) has issued a shutdown program for Sunday due to necessary repair, maintenance and expansion of electricity lines. According to the program issued by the company, power supply from Civil Line and DHQ feeders linked with 132-KV Tariq Abad grid station, FESCO Colony, Jubilee and Abdullah Pur feeders attached with 132-KV Old Thermal grid station, University Town, FDA City, Abu Bakar Block, Samana, Millat Town, Rasool Pur Jaguar, Kalash, Zafar Fabrics and Super feeders connected with 132-KV Chiniot Road grid station, AZ Apparel, K&M, Dhanola Industrial, Sajjad Estate, new Dry Port, al-Makkah…
Islamabad, Sep 21: Speaking on behalf of the Federal Board of Revenue (FBR), Bakhtiar Muhammad advised residents to file their income tax returns well in advance of the September 30 deadline and stressed that no extensions will be given. This will help residents avoid making a last-minute rush. In an interview with a private news channel, Bakhtiar Muhammad advised citizens to file their taxes on time in order to strengthen the economy of Pakistan.The government hopes to encourage tax compliance by doing this, as it is essential to the stability and expansion of the economy of the nation. In response…
Islamabad, Sep 21: The Pakistan Meteorological Department forecasted hot, dry weather for the majority of Sindh province on Saturday. The province is forecast to see mostly hot, dry weather.
Islamabad, Sep 21: Maryam Nawaz Sharif, the chief minister of Punjab, has underlined how crucial a lasting peace is to Pakistan’s progress. The CM emphasized in her speech on Saturday, International Day of Peace, the importance of long-term stability in promoting social cohesion, economic development, and overall national advancement. The Chief Minister emphasized that “peace is a great blessing, while unrest leads to decline.” CM Maryam Nawaz gave the martyrs a heartfelt homage, recognizing that the sacrifices made in order to bring about peace will never be forgotten. “Their sacrifices for maintaining peace are unforgettable,” the speaker said, praising the…
Islamabad, Sep 21: People from all over Pakistan and the world came together to commemorate the 13th anniversary of the great qawwal Maqbool Ahmed Sabri’s passing. They also celebrated the music icon’s enduring influence on countless generations of music lovers. According to a private news channel, Maqbool Ahmed Sabri first learned music from his father, Ustad Inayat Hussain Sabri, and his older brother, Ghulam Farid Sabri. Along with his brother Ghulam Farid Sabri, he began Qawwali in the 1970s and became well-known in the genre. Among their most well-known Qawwalis are “Taajdar-e-Haram” and “Bhardo Jholi Meri Ya Muhammad.” He received…
Islamabad, Sep 21: The Khyber Pakhtunkhwa (K-P) Forest Department has formally withdrawn a contentious Memorandum of Understanding (MoU) regarding the renovation of the Ayubia Chairlift, which is a significant victory for environmentalists. This choice was made in response to strong opposition from legal professionals and environmentalists who claimed that the project would breach important environmental regulations and jeopardize Ayubia National Park’s protected status. Citing non-compliance with the Khyber Pakhtunkhwa Wildlife and Biodiversity Act, 2015, and the Khyber Pakhtunkhwa Forest Ordinance, 2002, Hazrat Mir, Chief Conservator of Forests for the Hazara Division, confirmed the revocation. Mir characterized the initial Memorandum of…
Islamabad, Sep 21: A new deal has been released by Kia Motors Pakistan for those who would like to buy the well-liked Kia Sportage. The carmaker is making it more accessible to consumers by providing an interest-free installment plan. Customers who take advantage of this offer must pay 50% in advance, with the remaining balance due in equal monthly installments. The down payment for the Sportage Alpha base variant is PKR 3,775,000, while the monthly payment is PKR 209,722. With this 18-month option, consumers may acquire the Sportage without paying interest. Four different configurations of the Kia Sportage are offered:…
Islamabad, Sep 21: 24 carat gold changed hands on Saturday for Rs.272,500, up Rs.500 per tola from the previous trading day’s sale price of Rs.272,000. According to the All Sindh Sarafa Jewellers Association, the cost of 10 grams of 24 karat gold grew by Rs. 429 to Rs. 233,625 from Rs. 233,196, while the cost of 10 grams of 22 carat gold increased to Rs. 214,156 from Rs. 213,763. At Rs. 2,950 per tola and Rs. 2,529.14 per gram, respectively, the price of silver did not change.According to the Association, the price of gold on the global market was up…