IMF calls for higher tax collection by withdrawing subsidies from rich class

IMF calls for higher tax collection by withdrawing subsidies from rich class

Islamabad: The IMF has demanded Pakistan to withdraw subsidies from the rich class and collect taxes, saying that Pakistan needs strict measures to run the country, not debt restructuring. While giving an interview to a foreign broadcasting organization, IMF Managing Director Kristalina Georgieva said that Pakistan does not need debt restructuring but tough measures to…

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Submitted a request to increase the price of electricity by Rs.17 paise per unit

Submitted a request to increase the price of electricity by Rs.17 paise per unit

—File photo The Central Power Purchasing Agency (CPPA) has submitted a request to increase the price of electricity by Rs 1.17 paise per unit. CPPA submitted January fuel adjustment request to Nepra. The National Electric Power Regulatory Authority (NEPRA) says the CPPA application will be heard on February 28. Nepra says the decision on the…

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