ISLAMABAD: With energy companies reeling from the impact of Rs500 billion circular debt, the government has decided to end subsidy for power consumers, except for lifeline consumers, in the upcoming financial year 2012-13. According to the Annual Plan 2012-13 released on Friday, the country is facing a massive deficit in the power sector on account […]
Jun 2 2012 | Posted in
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ISLAMABAD: With energy companies reeling from the impact of Rs500 billion circular debt, the government has decided to end subsidy for power consumers, except for lifeline consumers, in the upcoming financial year 2012-13. According to the Annual Plan 2012-13 released on Friday, the country is facing a massive deficit in the power sector on account […]
Jun 2 2012 | Posted in
Latest News |
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ISLAMABAD: With energy companies reeling from the impact of Rs500 billion circular debt, the government has decided to end subsidy for power consumers, except for lifeline consumers, in the upcoming financial year 2012-13. According to the Annual Plan 2012-13 released on Friday, the country is facing a massive deficit in the power sector on account […]
Jun 2 2012 | Posted in
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ISLAMABAD: The cabinet on Wednesday failed to reach a decision on a programme aimed at avoiding the wrath of the people in next general elections by reducing electricity outages by 40% for residential consumers of urban and rural areas and enforcing power cuts on cement, textile and processing industries. The programme, proposed by the Ministry […]
May 24 2012 | Posted in
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ISLAMABAD: People feeling the heat of rising drug prices had better brace themselves for more. The multinational pharmaceutical companies are all set to further increase prices of over 140 essential life-saving drugs by 30 per cent. Talking to The Express Tribune, sources in pharmaceutical industry said a high-level meeting has been scheduled for the end […]
May 23 2012 | Posted in
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ISLAMABAD: Decisions taken by the government in the energy sector have been inefficient and piled up huge dues, to cover this huge backlog of funds the federal cabinet has decided to charge electricity consumers extra and collect Rs63 billion. The government will use these funds to pay interest against debt instruments – a move taken […]
May 17 2012 | Posted in
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ISLAMABAD: Decisions taken by the government in the energy sector have been inefficient and piled up huge dues, to cover this huge backlog of funds the federal cabinet has decided to charge electricity consumers extra and collect Rs63 billion. The government will use these funds to pay interest against debt instruments – a move taken […]
May 17 2012 | Posted in
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ISLAMABAD: Despite claims of paying subsidy to oil consumers, the government still managed to collect Rs261.8 billion in taxes from consumers because of high oil prices in the first 10 months (July-April 2011-12) of the current fiscal year, an increase of 16.6% over the corresponding period of last financial year. According to a senior official […]
May 13 2012 | Posted in
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ISLAMABAD: Despite claims of paying subsidy to oil consumers, the government still managed to collect Rs261.8 billion in taxes from consumers because of high oil prices in the first 10 months (July-April 2011-12) of the current fiscal year, an increase of 16.6% over the corresponding period of last financial year. According to a senior official […]
May 13 2012 | Posted in
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ISLAMABAD: Despite claims of paying subsidy to oil consumers, the government still managed to collect Rs261.8 billion in taxes from consumers because of high oil prices in the first 10 months (July-April 2011-12) of the current fiscal year, an increase of 16.6% over the corresponding period of last financial year. According to a senior official […]
May 13 2012 | Posted in
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