By: Omed Hajjana Islamabad: The exemption of duties on raw materials for manufacturing of PV modules and allied equipment is expected to cause a substantial decrease in solar panel prices. In the budget duties on raw materials for manufacturing of PV modules and allied equipment have been made zero to provide incentive to local manufacturing….
The markup on the domestic and foreign debt will swallow up Rs 7.3 trillion in the next fiscal year, 2023-24. The government had budgeted Rs 3.9 trillion to pay markup on domestic and foreign loans in the ongoing fiscal year, 2022-23. However, the spending on paying markup went up to Rs 5.52 trillion according to…
By: Omed Hajjana Islamabad: Shariq Khan, Chief Executive Officer (CEO) of Chromatic on Thursday met with Prime Minister Shehbaz Sharif to discuss anti-smoking initiatives. The meeting focused on recognizing Pakistan’s progress in improving tobacco policies. During the meeting, PM Shahbaz Sharif and health activist Shariq Khan emphasized the urgent need for comprehensive anti-smoking initiatives to…
By: Omed Hajjana Islamabad: The Pakistan Medical and Dental Council (PMDC) on Thursday launched an investigation into an alleged case of negligence by doctors in the Independent University Hospital Faisalabad. According to a statement issued by PMDC, the Federal Minister of Health, Abdul Qadir Patel took notice of negligence by Doctors at Independent University Hospital…
The total demand for petroleum products has witnessed a massive decline of 21.9 percent during July-March FY 2023, as revealed by the Pakistan Economic Survey 2022-23. According to the Pakistan Economic Survey 2022-23, the overall demand for petroleum products decreased by 21.9 percent during July-March FY2023 compared to FY2022. Total Oil Demand The total demand…
By: Omed Hajjana Islamabad: The second round of the U.S-Pak Health Dialogue is ongoing in the Ministry of National Health Services, Regulations and Coordination under the leadership of Federal Minister for Health Abdul Qadir Patel and U.S Ambassador to Pakistan Donald Blome to strengthen the bilateral ties and healthcare sector with collaboration. According to spokesperson…
Our Correspondent PSO’s Earnings are expected to improve with Potential Reduction in Turnover Tax in budget 2023-24. According to estimates, if the turnover tax is slashed by 50%, PSO’s projected earnings for the fiscal year 2024 would improve from Rs26.9 to Rs44. This reduction in turnover tax would result in tax savings of approximately Rs8.5…
By Omed Hajjana As we know, smoking is a widespread issue that not only poses significant effects on people’s health but also a threat to the well-being of our society. During Adolescence, when youngsters are more susceptible to experimentation and peer pressure they get indulged in it. Tobacco contains a chemical that is highly addictive…
Our Correspondent On directions of Chairman Federal Board of Revenue Mr. Asim Ahmad and Director General Customs Intelligence Mr. Faiz Ahmad Chadhar, crackdown against the cigarette smugglers have been intensified. In the past twenty four hours, many raids have been carried out against the smugglers. In the wee hours of June 7, 2023, Customs Intelligence…
Pakistan and Turkmenistan are in a row over gas Prices and the cost of on multibillion dollars Turkmenistan-Afghanistan-Pakistan-India (TAPI) pipeline project. Pakistan has asked Turkmenistan to revise the cost and tariff of the multi-billion dollars Turkmenistan-Afghanistan-Pakistan-India (TAPI) pipeline project. The Federal Minister for Energy Engr. Khurram Dastgir has delivered Prime Minister Shahbaz Sharif’s message of…