5 h. ago Steel Melters Urge Senate to Link Import Tariff Cuts with Power Tariff Relief to Avert Industry Crisis

  The Pakistan Steel Melters Association has urged the Senate Standing Committee on Finance and Revenue to tie any reduction in steel import tariffs directly to a corresponding decrease in power tariffs for the industry. Mian Ahmad Hassan, Chairman of the Association emphasized that high power costs, which constitute over 70% of production expenses, already […]

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3 d. ago Senate urges FBR to set clear limits for arrests in tax fraud cases

ISLAMABAD – The Senate Standing Committee on Finance has asked the Federal Board of Revenue (FBR) to define clear thresholds for allowing arrests in tax fraud cases under the proposed Finance Bill 2025-26. Lawmakers stressed the need for fairness and clarity before granting such powers. In the current proposal, FBR seeks powers to arrest individuals, […]

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1 week ago Sindh CM vows budget relief for salaried class, slams power companies

SEHWAN – Sindh Chief Minister Murad Ali Shah has assured the public that the upcoming provincial budget will bring much-needed relief for the salaried class. Speaking to the media in his hometown, he acknowledged the severe impact of inflation on working individuals and promised that the Sindh government is committed to easing their financial burden. While […]

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2 w. ago Electricity prices reduced by Rs. 2.99 per unit for Karachi consumers

The electricity price for Karachi has been reduced by Rs. 2.99 per unit, offering much-needed relief to consumers. The National Electric Power Regulatory Authority (NEPRA) issued separate notifications regarding monthly electricity price adjustments for different regions. While Karachi benefits from this price cut, electricity prices across the rest of Pakistan have increased by Rs. 0.93 […]

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2 w. ago Senate panel pushes for urgent EV infrastructure to tackle climate crisis

A Senate committee has called on the government to speed up the development of electric vehicle (EV) infrastructure across Pakistan. In a meeting chaired by Senator Aon Abbas, the Senate Standing Committee on Industries and Production emphasized the urgency of climate change and the need to reduce dependence on fossil fuels. The members warned that […]

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2 w. ago Steel melters chief urges FBR to tax rebar sellers and bring scrap dealers into tax net

Mian Ahmed Hassan, Chairman of the Pakistan Steel Melters Association, has drawn the attention of the FBR (Federal Board of Revenue) and the budget authorities towards all unregistered scrap dealers and iron long bar (Sariya) sellers who have not paid a single rupee in tax for decades, and the entire burden of their tax is […]

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