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Category: Economy

The tweet edit duration for blue subscribers has been extended to one hour
  • Business

The tweet edit duration for blue subscribers has been extended to one hour

PNP DeskJune 10, 2023September 13, 202402 mins

California: Twitter has doubled the tweet editing time for its blue subscribers. In a tweet on its official account, Twitter Blue announced the extension of the tweet editing period to one hour. Blue subscribers now have up to 1 hour to edit their Tweets. — Twitter Blue (@TwitterBlue) June 7, 2023 The tweet stated that…

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Businessmen's reaction to federal budget is mixed
  • Business

Businessmen’s reaction to federal budget is mixed

PNP DeskJune 10, 2023September 13, 202403 mins

The new budget has received mixed reactions from businessmen, Zubair Motiwala of Businessmen’s Group termed it as a good budget in a difficult situation and said that it is an easier budget than what we thought. President of Lahore Chamber Kashif Anwar also called the budget a good one in difficult times and said that…

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Issuance of diamond card for overseas Pakistanis, what are its benefits?
  • Business

Issuance of diamond card for overseas Pakistanis, what are its benefits?

PNP DeskJune 9, 2023September 13, 202403 mins

(Photo: Internet) Islamabad: The government has issued a diamond card for overseas Pakistanis. Finance Minister Ishaq Dar, while presenting the budget for the next fiscal year in the National Assembly, said that the two percent final tax imposed on the purchase of immovable property for overseas Pakistanis is being abolished. He said that a new…

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May God bless you, Nawaz Sharif's reaction to the budget
  • Business

May God bless you, Nawaz Sharif’s reaction to the budget

PNP DeskJune 9, 2023September 13, 202403 mins

Photo screen grab London: Leader of Muslim League-N Nawaz Sharif has made a meaningful comment on the budget of the next financial year. Nawaz Sharif gave a meaningful answer to the question regarding the budget of the journalists in London and said, “May Allah bless you.” Nawaz Sharif said when asked about returning home, “I…

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Ishaq Dar has set a unique record by presenting the budget seven times
  • Business

Ishaq Dar has set a unique record by presenting the budget seven times

PNP DeskJune 9, 2023September 13, 202402 mins

Islamabad: Federal Finance Minister Ishaq Dar has set a national record by presenting the budget for the seventh time. Finance Minister Ishaq Dar made history by presenting the federal budget for the financial year 2023-24 on June 10. He became the finance minister who presented the budget seven times. Senator Ishaq Dar presented five budgets…

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Additional taxes of 200 billion were imposed in the budget, Chairman FBR Asim Ahmed
  • Business

Additional taxes of 200 billion were imposed in the budget, Chairman FBR Asim Ahmed

PNP DeskJune 9, 2023September 13, 202405 mins

Chairman Federal Board of Revenue (FBR) Asim Ahmed has said that additional taxes of 200 billion have been imposed in the upcoming budget, of which 175 billion are direct and 25 billion indirect taxes. In the briefing after the federal budget speech, Asim Ahmed said that 170 billion rupees in terms of income tax and…

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Permission to open LC on priority basis for import of raw materials
  • Business

Permission to open LC on priority basis for import of raw materials

PNP DeskJune 9, 2023September 13, 202402 mins

Finance Minister Ishaq Dar says that permission has been given to open LC on priority basis for import of raw materials. During the budget speech in the National Assembly, Ishaq Dar said that no new tax will be imposed on the industrial sector next year, it has also been proposed to abolish the tax on…

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107 billion rupees allocated for power generation, transmission and distribution
  • Business

107 billion rupees allocated for power generation, transmission and distribution

PNP DeskJune 9, 2023September 13, 202403 mins

The federal government has provided an amount of 107 billion rupees for the improvement of electricity production, transmission and distribution in the budget of the new financial year. The production capacity of electricity in the country has reached 41 thousand megawatts. In the power sector, an amount of Rs. 12 billion will be provided in…

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Proposal to make EOBI pension 10 thousand rupees
  • Business

Proposal to make EOBI pension 10 thousand rupees

PNP DeskJune 9, 2023September 13, 202403 mins

File photo Finance Minister Senator Ishaq Dar has said that the minimum pension of government employees is being increased from 10,000 to 12,000. During the speech of the Federal Budget 2023-24, the Finance Minister said that the minimum wage in Islamabad Capital Territory (ICT) is being increased to 32 thousand rupees. Ishaq Dar further said…

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2300 rupees increase in the price of one tola of gold
  • Business

2300 rupees increase in the price of one tola of gold

PNP DeskJune 9, 2023September 13, 202402 mins

Ahead of the budget, the price of gold in the country rose sharply. According to All Pakistan Gems and Jewelers Association, the price of gold per tola has increased by Rs 2300 to Rs 2 lakh 29 thousand 300. According to the association, the price of 10 grams of gold increased by 1972 rupees to…

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About PNP

Press Network of Pakistan (PNP), registered with the Government of Pakistan since January 2011, is an Islamabad-based global newswire service that takes pride about its unbiased news reporting both in English and Urdu languages.

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