Islamabad: Federal Minister for Finance and Revenue Mr. Miftah Ismail presided over meeting of the Economic Coordination Committee (ECC) of the Cabinet at Finance Division- 28-05-2022.

Subsidy on 5 essential commodities to continue

By Staff Reporter

ISLAMABAD: A powerful cabinet committee Wednesday decided to continue a federal subsidy program on five essential commodities, announced by Prime Minister Shehbaz Sharif in the final weeks of the last fiscal and commonly known as the prime minister’s relief package.

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POWER WOES: Residents of Quetta’s Spinny Road are seeing protesting against load shedding in their area in this photo dated June 18, 2022, ONLINE PHOTO by Samiullah.

Monsoons, KANUPP-2 bring welcome respite in load shedding

By Staff Reporter

ISLAMABAD: As the Indus starts to swell with the onset of Monsoon rains, power generation capacity of the Tarbela hydroelectric plant is set to improve by 2,500 MW and 3,500 MW, allowing the authorities to cut back load shedding, Independent Pakistan can report.

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The All Pakistan Textile Mills Association (APTMA) logo. Image courtesy APTMA Facebook page.

Textile industry in urgent appeal to lift gas supply suspension

By Staff Reporter

ISLAMABAD: The All Pakistan Textile Mills Association (APTMA) Saturday aired an urgent appeal for the government of Prime Minister Shehbaz Sharif to lift a suspension of LNG for export oriented industries including the textile sector.

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Hamza Shahbaz, the PDM's man to head the government in the Punjab province. Photo courtesy APP

Hamza Shehbaz to continue as CM, for now

By Staff Reporter

ISLAMABAD: The Supreme Court on Friday ruled the election for the post of Chief Minister Punjab would take place on July 22 to allow all parties due time to prepare for the exercise, but ordered Hamza Shahbaz to continue in office until that time.

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Finance Minister Miftah Ismail and Chairman FBR Asim Ahmad addressing news conference in Islamabad Friday, July 1, 2022. Photo courtesy of the Ministry of Finance.

FBR gearing to sniff out tax non-filers

By Staff Reporter

ISLAMABAD: Chairman Federal Board of Revenue (FBR) Asim Ahmad told journalists Friday in the presence of Federal Minister for Finance Miftah Ismail that the authorities had started collecting data from National Database and Registration Authority (NADRA) to help broaden of tax base.

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