NEPRA approves electricity tariff hike for FY25’s first quarter
WEB DESK: The National Electric Power Regulatory Authority (NEPRA) has approved a 20 paisa per unit increase in the electricity tariff, which will come into effect for the December 2024 billing cycle. This adjustment falls under the quarterly mechanism for the first quarter of the current fiscal year 2024-25, according
FBR’s five-month revenue shortfall reaches Rs345 billion
ISLAMABAD: The Federal Board of Revenue (FBR) has successfully collected Rs770 billion in revenue as of November, according to GEO News. This leaves a gap of Rs345 billion during the first five months of the current financial year. Despite all efforts put into improving tax collection, it is a principal
Electricity tariff expected to rise by Rs7 per unit in July
Pakistan has notified the International Monetary Fund (IMF) of a potential increase in the average electricity tariff by Rs. 5 to Rs. 7 per unit in July, owing to annual adjustments. Despite multiple price hikes, the country is expected to miss its circular debt reduction target. During ongoing discussions about