ISLAMABAD: The federal government has increased the interest rate for the loans of the provinces and departments.
The mark-up rate for the capital outlay of the federal government in the loans and commercial departments has been increased to 17.84 percent for the financial year 2023.24. Earlier, the markup rate was 15.58 percent in 2022-23 and 11.20 percent in 2021-22. The Finance Division has issued a notification for the determination of the new interest rate. Meanwhile, the interest rate has been set at 17.84 percent for the financial year 2023.24 for the conveyance allowance and house building advance. The Deputy Secretary Finance Division has informed the Controller General of Public Accounts.
THE offices of The News will remain closed on Tuesday on account of Eid Miladun Nabi . Therefore, there will be no...
Former cricket star has been in solitary confinement in a maximum-security prison for just over a year, convicted on...
Sources confirm that Shehbaz would be traveling via a special aircraft with Foreign Affairs Adviser Tariq Fatemi and...
CJP Faez Isa observed that they are hearing matter in view of the protection of public money
A regulatory environment run by a bloated bureaucracy with a colonial-era ‘control and extract’ mindset needs...
Court ordered immediate release of PTI lawmakers upon submission of surety bonds worth Rs30000 each here on Monday
