Business

Here's how you can earn thousands under Punjab govt's new scheme

Pakistan revises cash reporting rules

ISLAMABAD (Kashmir English): Pakistan has increased the reporting threshold forcash transactions by banks from Rs2 million to Rs3 million as part of measures to strengthen the country’s anti-money laundering framework. Under the revised requirement, banks must report daily cash transactions exceeding Rs3 million to the Financial Monitoring Unit (FMU). Previously, the reporting threshold was set

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Electricity prices likely to increase across Pakistan

Govt plans to abolish 200-unit threshold for higher electricity charges

ISLAMABAD (Kashmir English): The Federal Minister for Energy, Sardar Awais Khan Leghari, on Tuesday said that the government is working on the abolition of the formula for additional electricity charges when unit consumption exceeds 200 units. Addressing the Senate session, Leghari said the government was developing a system to provide electricity relief based on consumers’ financial

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Govt, JI form committee to consider proposals for petroleum relief, levy reduction

ISLAMABAD (Kashmir English): The government and Jamaat-e-Islami (JI) on Tuesday agreed to form a six-member committee to finalise recommendations for expanding the ongoing relief scheme for deserving people and devising a phased reduction in the petroleum levy. The agreement was reached during a meeting between Prime Minister Shehbaz Sharif and a JI delegation led by

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Buy Suzuki Cultus on easy monthly installments

Good news for car buyers? Suzuki Cultus could become much cheaper

ISLAMABAD (Kashmir English): The price of the Suzuki Cultus in Pakistan could decrease by up to Rs500,000 under the government’s proposed Auto Policy 2026–31, potentially bringing its price down from approximately Rs4.3 million to Rs3.8 million. According to reports, Prime Minister Shehbaz Sharif has approved the final draft of the five-year auto policy, which will now

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Farmers to get 70% immediate loan for wheat

Govt reduces wheat prices

ISLAMABAD (Kashmir English): The government has shared some good news with the public, who were concerned about rising flour prices caused by a wheat shortage. Federal Minister Rana Tanveer Hussain has announced that wheat prices will return to normal within the next few days. Explaining the high cost of wheat, he stated that the recent price

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