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Tag: fiscal year (FY)

As of July 1, the start of the fiscal year (FY) 2025-2026 resulted in a significant increase in car prices across Pakistan. The increase is primarily driven by the introduction of a New Energy Vehicle (NEV) levy in the federal budget, and escalating international shipping expenses.
Latest
  • Web Desk
  • Jul 02, 2025
Car prices in Pakistan to rise from July due to NEV levy

The Ministry of Energy reported that the IPPs secured a total of Rs9.79 billion in capacity payments from consumers.
Pakistan
  • Web Desk
  • Oct 29, 2024
IPPs “received Rs9.79b capacity payments” in a single year

The money was collected during the fiscal year July 2023 till June 2024.

The government unveiled the updated economic growth statistics for the FY 2023-2024, incorporating the final data from the fourth quarter.
Business
  • Web Desk
  • Oct 01, 2024
Economic growth revision: Agriculture soars as industries plummet

The Ministry of Planning, Development and Special Initiatives reported an improvement in the growth rates of both, the agricultural and services sectors.

The National Electric Power Regularity Authority (NEPRA) sanctioned yet another increase in electricity tariffs, instituting a quarterly modification of Rs1.7432 per unit for the upcoming three months.
Pakistan
  • Web Desk
  • Sep 07, 2024
NEPRA approves yet another increase in electricity tariffs

The new price hike will take effect from September 2024 till November 2024.

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