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Articles for tag: Employees, Govt, okays, Package, RS25.5BN, utility

September 13, 2025

News Desk

Govt Okays RS25.5BN package for 11,000 Utility Employees

People stand in a tail outside a state utility store to buy groceries. – AFP/file Officials with over 20 years of service to receive basic fees for each year. Daily bets to receive flat calculation based on the reference point of RS37,000. Waiting for wages and salaries will also be paid duly by the government. Islamabad: The government has allocated all 11,406 Utility Stores employees from September 1, offering over the departure package of 25 billion Rs as part of a retrograde restructuring plan, show official documents, show, show, The news reported on Friday. The package covers the country’s largest

August 31, 2025

News Desk

Govt announces the closure of Utility Stores Corporation company

People stand in a tail outside a state utility store to buy groceries. – AFP/file The minister says the consensus has reached the provision of RS28BN package. Lauds USC role in providing goods in grants. “Pakistan’s economy showing signs of improvement.” Islamabad: Federal Minister of Parliamentary Affairs Dr. Tariq Fazal Chaudhary announced the closure of the Utility Stores Corporation (USC) throughout the country. Addressing a press conference alongside USC CEO Shabbir Khattak and USC National Welfare Secretary General Raja Muhammad Miskeen, the minister assured that the rights of all USC employees – permanent, conventional and daily doors Sharif. He said

August 28, 2025

News Desk

The ECC OKASS RS30.2BN GRANT for the closure of Utility Stores Corporation stores

A long tail of people sees outside of a public utility shop in an unused image. – Apply/file The closing process to be transparent, organized, says ECC. Assets to be sold within the current financial year. Closing costs covered by asset sales. ISLAMABAD: The Economic Coordination Committee (ECC) approved on Thursday a package of RS30,216 billion for the closure of the Utility Stores Corporation, with instructions to ensure that the process is done in a transparent and organized way. The summary, presented by the Ministry of Industries and Production, described measures for the well -being of workers and the settlement

July 2, 2025

News Desk

Govt set to close utility stores by July 10

A long tail of people sees outside of a public utility shop in an unused image. – Apply/file Utilities to stop work until July 2 (today). The VSS package approved by PM applies to the affected employees. Zonal, regional administrators to oversee the finish process. Islamabad: The Federal Government is going to close the Public Retail Sector, Utility Stores Corporation (USC) by July 10, The news reported on Wednesday. With a large number of employees who may be affected by the movement, the Voluntary Separation Package (VSS) approved by Prime Minister Shehbaz Sharif will be applied to all affected employees.

June 19, 2025

News Desk

FBR to prevent bank accounts, reduce utility businesses for non -registered businesses

Listen to the article Islamabad: In an attempt to expand the tax base, the federal government has proposed harsh new measures under the funding bill, seeking to limit non -registered businesses from operating bank accounts and to disconnect electricity and gas connections, Express News reported. The permanent Committee on Finance of the National Assembly of the National Assembly administered on Thursday the approval of conditional movement, guiding the inclusion of procedural safeguards. During a meeting of the Commission chaired by MNA Syed Naveed Qamar, the Chairman of the Federal Revenue Council (FBR), Rashid Mahmood Langrial, briefed legislators of the proposed

March 22, 2025

News Desk

Thousands in Lost Jobs Due to the closure of 1,700 utility stores

A long tail of people sees outside of a public utility shop in an unused image. – Apply/file Utility Stores Corporation employs more than 11,000 employees. 5,000 regular employees to be transported to PO surplusol. 6,000 contracts, daily salary workers not to receive a retirement. ISLAMABAD: Thousands of employees are going to lose their jobs due to the move of Utility Stores Corporation (USC) to close 1,700 stores in the context of the privatization government of traffic, The news reported on Saturday. The state chain, competing with RS14 billion in obligations, employs more than 11,000 workers, most of whom are

March 21, 2025

News Desk

6,000 workers in the utility store to be fired as privatization benches

Listen to the article The government has decided to place 5,000 permanent employees of Utility Stores Corporation (USC) in a surplus team, and will be fired 6,000 consultants and everyday workers, according to a report provided by the Senate Industry and Production Committee. The meeting, chaired by Senator Aoun Abbas, provided information on the future of USC, revealing that the company is on the privatization list of the government. The USC CEO told the Commission that the privatization process was delayed due to the lack of two -year audit. Privatization will proceed as soon as the check is completed, with

September 1, 2024

News Desk

The government is considering a utility exchange for the gas crisis

Islamabad: As ill-conceived and costly liquefied natural gas (LNG) imports have reduced domestic gas supplies, the government is now considering a proposal to switch gas supplies between two utilities. This proposal will be discussed at a high-level meeting chaired by Finance Minister Ishaq Dar on September 2. Sources told The Express Tribune that ill-timed LNG imports have led to a cut in domestic gas supplies, adversely affecting the cash flows of exploration companies. Natural gas utilities have reportedly refused to receive the full volume of domestic natural gas supplies due to contracted LNG imports from Qatar, resulting in financial hardship

November 18, 2023

News Desk

Non-filers to deal with SIM blocking, utility disconnection

FBR is also setting up 145 DTOs to bring 1.5 to 2 million new taxpayers in the tax net by June 2024 An employee counts Pakistani rupee notes at a bank in Peshawar, Pakistan, August 22, 2023. — Reuters Plan to bring 2 million taxpayers into the tax net by June 2024. 145 regional tax offices established throughout the country. Offices to bring in new taxpayers by enforcing Income Tax Returns. ISLAMABAD: The Federal Board of Revenue (FBR) has secured more powers in a bid to increase the tax net and has been empowered to disconnect utility connections and block

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