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HEADLINES & ANNOUNCEMENTS

New Income tax 2024 Calculate starting July 1, 2024

The Finance Bill 2024 introduces major tax reforms Effective from July 1, aimed at increasing revenue. These alter impact the salaried class with varied tax rates and fixed taxes based on income brackets.

Main dates for forthcoming 750 draw: Prize bond schedule 2024

The 2024 prize bond draw schedule is now obtainable, inviting citizens eager to participate in this year’s balloting. From the State Bank of Pakistan and the National Bank of Pakistan, winners can claim their cash prizes. Every four months, the National Savings division conducts prize bond draws, offering various prizes.

PBF urges PM Shehbaz to diminish tube well tariff

To reduce the agriculture tube well tariff, the Pakistan Business Forum (PBF) has urged Prime Minister Shehbaz Sharif, similar to the present reduction proclaimed for the industrial sector. In a letter addressed to the prime minister, PBF President Khawaja Mehboobur Rehman to lower the electricity tariff for the industrial sector, commended the decision, highlighting its potential to increase the Pakistan’s industrial growth and competitiveness.

CPEC opens doors to tech-driven steps

In the information technology sector, Shaza Fatima Khawaja the Minister of State for IT and Telecommunication on Tuesday said that the all-weather strategic cooperative partnership between Pakistan and China had opened doors to unparalleled opportunities.

Azerbaijan, Pakistan to deepen economic ties

Samir Sharifov the Deputy Foreign Minister of Azerbaijan, met with Federal Minister for Commerce Jam Kamal Khan at his office, sources said on Tuesday. On strengthening economic and diplomatic relations between the two countries, the meeting focused.

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