The Minister of Finance and Income, Senator Muhammad Aurangzeb chairs the meeting of the Economic Coordination Committee (ECC) of the Cabinet to the Finance Division on February 20, 2025. – PID No tax on ICC income, subsidiaries or non -resident delegates. The exemptions do not cover the sales tax or the federal excise duties, explains … Read more
Ukrainian President Volodymyr Zelenskyy According to Saturday, the United States has not stopped military aid to Ukraine after newly sworn-in US Secretary of State Marco Rubio announced he was halting foreign aid grants for 90 days. Zelenskyy did not say whether humanitarian aid had been cut off. Ukraine relies on the United States for 40% … Read more
Finance Minister Muhammad Aurangzeb speaks during an interview with Reuters at his office in Islamabad, Pakistan, July 19, 2024. — Reuters/File Pakistan signs term sheets, one bilateral, one for trade: FinMin. The first evaluation of the EFF is scheduled for the end of February, says Aurangzeb. The minister invites global players to invest in priority … Read more
A representative image of pylons and power lines. — Reuters/File The Ministry of Energy writes a letter to the Ministry of Finance in this regard. The FY25 budget includes Rs 1,229 billion in energy subsidies. The IMF recommends institutionalizing anti-theft procedures. ISLAMABAD: To avoid slippages due to the escalation of circular debt agreed with the … Read more
Sex workers in Belgium gained the right to health insurance, maternity leave, sick pay and other benefits under a world-first new law. The new legislation will allow sex workers to enter into employment contracts and enjoy the same legal rights and protections as any other employee, including a pension, unemployment benefits and annual leave. Consensual … Read more