government

1.75% increase in electricity rates approved by govt

1.75% increase in electricity rates approved by govt

November 29, 2019

ISLAMABAD: Consumers using more than 300 units of electricity will be affected by an increase of 1.75% in power tariffs effective from December 1 as the government approved the new rates prior to an executive board meeting of the International Monetary Fund (IMF). Effective from December 1, the revised rates[...]
Government deliberates on incentives to revive the construction sector

Government deliberates on incentives to revive the construction sector

September 30, 2019

ISLAMABAD: The Pakistan Tehreek-e-Insaf (PTI) government is contemplating the possibility of allowing investments in construction projects without questioning the source of equity. The construction sector, in a downward trend, seeks policies for revival. The initiative is likely to attract large investments and help revive the ailing construction sector, but the[...]
Sukkur-Multan Motorway complete in record time.

Sukkur-Multan Motorway complete in record time

September 25, 2019

China State Construction Engineering Corporation (CSCEC) lauds the 36 months taken to complete the 392-km Sukkur-Multan Motorway as record time. The inauguration, however, seems to extend further.   Islamabad: The 392-km M-5 is a vital part of CPEC’s initiative of connecting Peshawar to Karachi. The highway helps link Multan, known[...]

FBR revised valuation – who is happy and who is not?

August 1, 2019

The Federal Board of Revenue (FBR) has announced revised valuation tables for the immovable properties of 21 cities. It’s the second time in the last six months that FBR’s property prices have been jacked up in order to bring these closer to the fair market value. Now, since the values[...]