Punjab Assembly approves life insurance firm for government staff
The Punjab provincial assembly in Lahore approved a resolution and announced plans for a new life insurance company on Tuesday.
New insurance entity planned
Finance Minister Mujtaba Shuja-ur-Rehman stated that the cabinet has authorized the creation of this state-owned organization. Preparations are currently underway to complete the necessary documents for official registration. The company intends to serve approximately one million public sector workers with reduced premium rates.
Tax collection figures rise
Officials reported that tax gathering increased by 38 percent during the current fiscal year. Revenue authorities aim to collect more than Rs1 trillion for public welfare projects. This financial performance supports various development initiatives across the province.
Kashmir resolution passed
Members unanimously adopted a motion condemning the Indian occupation of Kashmir on October 27. The house failed to maintain a quorum for the second day in a row. Proceedings resumed after a delay before the question hour session concluded.
All 2 outlets report consistently
No differences in figures, names or dates across these reports.
- Business Recorder
- Dawn
Reported by
2 independent outlets. Headlines as published. Links open the original report.